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Classic Squares is one of the renowned property development and construction companies in Goa offering RERA registered projects including reasonable 2BHK-3BHK apartments & villas.

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North Goa VS South Goa Where Should Your Next Home In Goa Be?

Goa is a lovely location known for its sun, sand, and susegaad way of life. Since the pandemic hit, many visitors have sought comfort in Goan soils. The ideal tropical and sun-drenched region hugs you with warmth and affection. There are a lot of tourists that come down for a holiday and leave with the feeling that they want to live in Goa forever.

Goa is becoming a popular location for both real estate investors and buyers. Goa has high rental rates and great resale values for both due to its prominence as a tourist destination and well-developed infrastructure,

The real estate market in the city may be segregated into two markets: North Goa and South Goa, each having its own set of characteristics. One is regarded as a rejuvenation centre, while the other is known as a party capital. North Goa appeals to investors, whilst South Goa, which is slightly more reasonable, appeals to home seekers.

Let's look at both choices to help you choose your future home:

North Goa

North Goa consists of important areas such as Panaji, Calangute, Anjuna, Siolim, and Baga. This market is home to a plethora of prominent tourist and business attractions, including fantastic nightlife, restaurants, and marketplaces. Tourists flock to the region because of the resorts, beautiful beaches, shops, and nightclubs along the Miramar-Arambol stretch.

The average property price in North Goa is between Rs 5,000 and Rs 6,000 per square foot. Luxury villas in North Goa start at 1 crore and go up from there. In Goa, 2Bhk flats are quite popular in Panjim and Porvorim.

North Goa provides a wide range of financial opportunities, as well as a sophisticated lifestyle and several leisure alternatives. North Goa has superior rental returns and appreciation than the rest of the state. 

However, some people have come to perceive North Goa as being overly overcrowded and commercialised, with regular traffic jams.

South Goa

South Goa is home to more tranquil beaches like Colva, Palolem, Agonda, Patnem, and Betul, as well as places like Mormugao, Margao, Canacona, Quepem, Ponda, Dharbandora, and Sanguem.

South Goa has a more relaxed atmosphere with less commotion and tourists.

In contrast to North Goa, it has kept its slow old Goa vibe. The beaches of South Goa are lined with shacks offering traditional Goan seafood, which is perfect after a long walk on the beach. The Cabo de Rama fort, Agonda beach, and the Olive Ridley hatchery are all hidden jewels in South Goa.

South Goa's capital values are lower than those in North Goa, averaging approximately Rs 3,000-4,500 per sq ft. As a result, homes in South Goa are more affordable, making them more appealing to home buyers.

The difference in real estate views between the two markets might be traced to the living standards of each place. Experts believe that North Goa, with its greater returns, is a superior investment option, whilst South Goa, with its lower costs, is better for those on a budget. Take the time to consider your present and future goals before making a decision. Visit some of the top builders in Goa to have a better understanding of their perspectives and the market, today.