Listing ID #5467504
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The most profitable type of investment at the moment is the purchase of real estate in the center of Goa for short-term rental, with an average return of 4-7% per annum. Moreover, the price to Rent Villa in Goa rises annually by an average of 5%.
What factors guarantee such a return in the long run? There are two main ones:
Relentless tourist flow.
More favorable price offer of apartments in comparison with offers of hotels.
In turn, the flow of tourists to the Goa is affected by:
Historical beauty of Goa.
Labyrinths of medieval narrow streets, architectural monuments of history and “places of power” attract tourists from all over the world constantly and regardless of the time of year. A short-term lull occurs only from mid-January to March, and then, on a short-term lease, at this time of the year, it affects only lower incomes from renting apartments at a lower price, and not their downtime like hotel rooms.
Security
This is also one of the main factors why tourists go to the Goa. Goa has a very low level of criminality, there are no Islamic and dark-skinned emigrants, and the Goan themselves are very peaceful, tactful and not prone to aggression. Therefore, here you can safely walk at night, the Old Town or Goa Castle, without looking back to see who is behind you, and in any sleeping areas you can move late in the evening or at night is safer than in our cities during the day.
All this has a beneficial effect on the short-term rental market and at the same time is a guarantee of correctly made investments.
Nature of Business
Service Provider
Number of Employees
50 - 100
Year of Establishment
1995
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