Inside A Goa Villa That Earns 1 Lakh Per Day | Smart Holiday Home Investment

"By the time the house is made, I'm sure there'll be appreciation will definitely double in 5 years or 10 years."

"If you think Goa's potential is 100, where are we in Goa right now? To my mind maximum 25. That's it. 25% has been developed."

"Absolutely. only 2 3% of the land in Go is developable. Why is that? Because most of it is either protected forest or there are farmlands or there are you know uh uh other restrictions like CRZ and NDZ."

"So the value it's because of the limitation and because you're saying demand will definitely increase because India is getting richer and richer and there's only Goa as an option. Correct. The price is inevitably going to increase and it's only 25% there you're saying in terms of the potential."

"So you know there you can do around 200 to 215 nights also per year and uh going by say average 5,000 rupees. So you end up making 10 crores uh 10 lakhs and yeah so you know on a 1 cr 10 lakhs works out to be a yield of 10%. Wow. So in the lower uh uh house value range like 1 and a half 2 cr house value range rental yields are higher. Absolutely they are. They are yes they are."

"And 50% of your EMI is getting paid by the time you know uh the house is made or you know eventually uh in few years time I'm sure there'll be appreciation you know it'll definitely double in 5 years or 10 years. Wow. You think so? Yeah absolutely."

"So the idea is to go northwards. Northwards. Yes. Which means further north to Morim to Mandre. Okay. That's where the is going."

"Also Maharashtra just just tip of Goa you know touching Goa literally okay you can get opportunities in Maharashtra you can you know uh buy land in Maharashtra I what is the name of that place so you know the district is called Sindu Dor Syninduor"

"Even shim that way is good for the reason that there lot of workingass people like to live in shim okay because of the conveniences there's a huge market here there are you know your banks and you know hospitals and you know it's a very very centrally located thing"

"Second is uh your uh borim area"

"I would add uh Miramar side or Donapala side of panim That. Okay. What should I buy there for 5 crores though? Like you'll get a lovely apartment seafacing crazy kind of pad. You'll get Yeah. Like like an apartment like seafacing apartment. Absolutely stunning apartments you can get for 5 crores in that threebedroom."