The Rise of Gated Villas in Goa: A Preferred Investment for Young Professionals

By Ravindra Gandhi, Managing Director of Tirasya Estates

Mumbai / September 17, 2023:

From a vacationing paradise to now a destination for young professionals from cities, where they perfectly combine work, leisure, and investment potential, Goa is taking centre stage, with Gated Villas catching the attention. Owning a Gated Villa in Goa isn’t just a mere dream but also an intelligent investment decision. These homes offer not only a quiet moment away from daily chaos but also an opportunity to offer long-term financial gains. While rentals return between 5-8% approximately, Grade A locations, including Anjum, Arpora, Baga, Calangute, and Candolim, have witnessed a 22% capital appreciation in villa prices in FY 2024-2023.

According to data from Savills India Research, prices of some new villas in Goa have reached the prices commanded by apartments in South Mumbai and South Delhi-between Rs 7 crore and Rs 10 crore. Young professionals, especially from metros such as Mumbai, Delhi, Bengaluru, and other key cities, are shifting their base to Goa. It also emerges from the data that a number of these new residents are, in fact, creative professionals or digital nomads in search of a better life-work balance. Owning a gated villa in Goa allows them to enjoy a slower pace of life while remaining connected with work.

Besides, one of the biggest perks of owning a villa in Goa is the potential to earn extra income through rentals. Goa’s tourism industry is booming, with both domestic and international tourists flocking to the state year-round. This makes short-term rentals, particularly high-end villas, a profitable option. High-demand micro-markets ensure high revenues from vacation rentals, thus providing investors with competitive returns on investment and regular income. The report says demand is increasing for private villas, as these are the preferred choice of families and groups.

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For many young professionals, investing in gated villas is more about experiencing luxury living and enhancing their lifestyle. These villas have private swimming pools, verdant gardens, a fitness center, and twenty-four-hour security. They are not just an investment but a personal haven where people can unwind after a long, hard, and monotonous week at work, which makes them especially appealing to this new class of investors. Further, young professionals are more eco-conscious and tech-savvy; this trend is reflected in most of Goa’s new villa developments. Therefore, catering to it, villas have been built with the basis of sustainable materials, using energy-efficient systems and even smart home

technology that controls security to energy use remotely. With such features, modern investors meet their values, and hence, the gated villas become increasingly desirable to this demographic.

Thus, with beaches, serenity, and a pleasant climate, Goa is the perfect work and recharge destination. For young professionals, owning a gated villa in Goa allows for an easy transition between work and vacation mode. And, when not using it for themselves, they can rent it out too and make it an investment with more than one pay-off. Gated villas in Goa are the perfect option for any young professional who wants to invest wisely while enjoying a lavish lifestyle. The properties offer a lifetime escape from city life, coupled with investment exposure in one of the growing real estate markets.