Owning a holiday home offers many benefits—not only do you have a vacation home to go to whenever you please, but you also have the peace of mind of knowing you have made a sound investment. In addition, owning a holiday home in a tourist haven like Goa means that you can always bank on certain income by renting the space as needed. In the past, a holiday home was seen as a luxury or an investment. But with the second-home market seeing a growth rate of 10-12% per annum and home loan rates being historically low, it is evident that more and more people are purchasing second homes in Goa because of the many advantages it offers.
Bigger Spaces
Most people living in urban areas are used to space constraints, small rooms, and few amenities. When the global pandemic forced the world to stay home and maintain social distancing, the idea that the home you are living in should be better gained traction. One of the biggest advantages of owning a second home in Goa is that you can opt for a bigger space that meets your vacation as well as work-from-home needs.
Privacy
Unless you choose to stay at a private villa, most hotels offer limited privacy. With your own holiday home in Goa, you have all the privacy and tranquillity that you could want without having to compromise on amenities, services or access.
Rental Income
One of the fundamental benefits that people look forward to while purchasing a second home is that you will earn rental income during your absence. By renting out your second home when you are not using it, you can recover your investment easily. As compared to other places in the country, you will never need to worry about whether you will find a renter. There is something for everyone in Goa, which means that there will always be someone looking for a suitable holiday home to rent.
Long-Term Value
The real estate sector of Goa is a booming one. Whether your holiday home is located by the beach or nestled in the sylvan hills surrounding the state, Goa offers a green, nature-oriented space. One of the most important factors that drives property value is the location of the holiday home. With a holiday home in Goa, you can rest assured that the property will hold its value for decades and give you better returns on your investment.
Perhaps the most important benefit of owning a second home is that you get to spend more time with your loved ones there. With a serviced holiday home in Goa, you can use the space for personal reasons or rent it out without worrying about the amenities or maintenance.
A well-established second homes developer, Axis Ecorp offers stellar property options in North of Goa. When you own an Axis Ecorp second home, you do not need to worry about fittings, fixtures, maintenance or upkeep of your second home even when you are not using it. With rental management services by Axis Ecorp, you get the best benefits of end-to-end property management facilities at a sought-after location such as Goa. They have a range of options to choose from. If you are looking for premium suites, then you can opt for Axis Blues. For homebuyers that have villa on their minds, can check Axis Yog Villas. For people looking at commercial plots, the company has come up with Axis Lake City, which offers complete freedom and flexibility.