Calangute – Candolim a hot destination for real estate investment in Goa

Invest in Real Estate in Calangute and buy a 2BHK Flat for Sale in Candolim, Goa. Why?

Now is the right time to invest, if you are looking to invest in real estate property for sale in Calangute or Candolim in Goa or looking for a 2BHK Flat in Candolim Calangute Goa!

Located just 15 15-minute drive from Panaji, Calangute and Candolim have become a mega-trending Real Estate hotspot in Goa in recent years. So if you are booking a fully furnished 1bhk flat in Calangute and Candolim, it is an ideal place that will fit your budget!

Candolim is a beach in North Goa located just south of Calangute beach, it is a tourist destination, less congested and better planned than the other beaches in Goa. Candolim lies 15 kms from Panaji, the capital of Goa. Beginning at Fort Aguada and merging with Calangute beach towards the end, it is one of the longest beaches in the state. The beach itself is very calm and tourists come here from all over the world to take a well-deserved break. The main Candolim-Calangute road is packed with shops and restaurants, but the beach itself is free from any commercial activity apart from water activities. However, the beach has quite a number of inns. A feature of Calangute beach was the ship River Princess which was stuck at the beach since 2000 but has since been removed!

Wi-Fi is free and available 24/7 if you buy a 2Bhk flat for sale in Candolim, but you have to login every day. The place is really wonderful and situated on Candolim Beach. The ambience is perfect. The neighbours are kind and hospitable. We found the facilities on offer excellent, a short walk to the beach, the local shops, Wi-Fi etc. were a bonus! Great hospitality and luxurious rooms are okay. There are activities for kids, a neat and clean pool and the best part is the Candolim beach access which is 1 min from the 2BHK flat for sale in Candolim. The breeze from the Sea is wonderful with free sunbeds at 99.5% of the shacks. There is a watchman at the flat who takes care of our every need. From the 2 BHK flat the Candolim beach is 6 mins walk down the beach road to some of the most shacks like “Claudinas”. Flats in Candolim are very well maintained and beautiful. Each flat has air conditioning and a long big balcony, it is a perfect place for families.

Commercial Activities

People who want to live in Candolim Calangute want to invest in a 2 BHK flat in Candolim because they want easy access to the market, hospitals, clinics, fruit and vegetable vendors, food stalls, restaurants and hotels. What makes Calangute Candolim special is that many churches, temples schools and colleges are coming up which makes it easier for people with families to stay there! There is also availability of local transportation like buses, pilots, rickshaws and taxis for people to travel. The Calangute Candolim Baga belt has transformed in the past 10 years!

Candolim is close to Calangute market which is one of the main markets in Goa, it also has the Saturday night market which is put up by hippies. It is also a hot spot location because it is close to places to visit in Goa like Mapusa, Panaji, Thivim railway station, Porvorim and Anjuna beach, which all share a centred location of Candolim. It is also in high demand due to its location because many shops, hotels, malls, shopping centres and restaurants have sprung up and stay open 24/7! Some of the pubs, bars, Malls and markets are located near the Calangute Candolim Road which is open all throughout the night, attracting teenagers and shopaholics alike!

Residential Activities

People who live in residential areas close to the beach prefer a view of the sunrise and sunset and in Candolim Calangute, you get just that! With the temperature being humid Candolim is an ideal place for sunbathing. Fort Aguada which is a famous landmark in Goa is also near if you own a 2BHK flat in Candolim. The famous Baga beach is also close by which has a lot of water sports activities and Dolphin safaris in the evening!

Rates and Valuation:

If a residential place is costly no one will buy it! That is the reason why the rates for 2 BHK flats in Candolim Calangute are most ideal if you compare them with Miramar and Panaji, which are 30-40% costlier. Real estate companies like 99 acres and magic bricks showed that the per square metre rate in Candolim Calangute stood at 35,000 per square metre, whereas in Panaji it was 78,265 in January 2018. This is why compared to Panaji 2 BHK flats for sale in Candolim are cheaper.

Rent Back Facility

Rent back facility means if you buy a flat and you finance it with an EMI of 20,000/ month you can take that much rent as well, so you are not paying a single penny and the EMI is zero. So potential buyers and tourists have the option to buy a property and rent it out, which is the best thing to do in Goa at the moment! Tourists coming to Goa for a month’s stay are willing to take a 2BHK flat in Candolim for 22,000/ month to 35,000 / month. So you get the best rental in Goa, people buy a Flat and rent it out!

Candolim Calangute is a prime location, so people flock to buy property because of its connectivity and reside here as well. Hence if you buy property in Candolim and rent it out, you will get assured rent or rent back or guaranteed rent and there is no need to worry about loan or repayment of the loan. Hence Candolim Calangute is the best investment destination in Goa. It is best for those who want to invest and ideal for those who want to rent and stay because of the facilities available here.

The reason why people want to buy 2BHK flats for sale in Candolim is because it has the best roads, and there are lots of malls and shopping centres that have sprung up. It has the best infrastructure in terms of water, electricity, and connectivity and is a famous holiday destination. It is well connected to the beach and you can visit the famous Fort Aguada which is close by and the famous Baga beach with water sports activities and Dolphin sightseeing trips. All this while you take the soft breeze of the Candolim beach in the comfort of your 2BHK flat. Candolim is also well connected to Major cities like Panaji and Mapusa which are major tourist shopping destinations in Goa. Lots of commercial complexes are also coming up and that is why Candolim Calangute has become a major destination for commercial and residential activities in Goa!

Now is the right time to invest, if you are looking to invest in real estate property for sale in Calangute or Candolim in Goa or looking for a 2BHK Flat in Candolim Calangute Goa!