Region: Baga, Goa
Status of resort: Co-owned
Located adjacent to the Arpora River close to the very popular beaches of Baga and Calangute.
Also known as the “”Queen of Beaches”” , Calangute is is Goa’s flagship beach. It is also the most commercialized of all beaches in Goa. Due to its extreme popularity, Calangute beach beckons tourists and backpackers from all over the world and the beach remains choc-a-block with tourists all year around. The beach is dotted with shacks and a lot of the clubs open up onto the beach. There are lots of shows held on the beach including rock, pop beat shows, open air dances, and fetes. Calangute offers all modern amenities like a post office, banks, foreign exchange offices and medical facilities. When in Calangute a must see is the Church of St. Alex, built in 1741.
Set on the slopes of an undulating hillside, it is ideally suited for those looking for lively party and entertainment venues all within easy reach of the resort. The resort consists of a range of studio, one and two bedroom apartments. The resort is equivalent to a 5 star resort in Goa. The apartments are spacious for six persons in a two-bedroom apartment. Facilities include two swimming pools, the “Poco Loco” Mexican restaurant, 24 hours reception, evening entertainment, gymnasium, games room, convenience store and excursion desk. Excursions and activities include river cruises, dolphin watching, beach and watersports, trips and excursions.
Growth P.a.: 60%
Source: National Housing Bank
Why invest: India’s housing market and price index has been steadily increasing for the last two decades. Policital unrest in 2009 led to a temprary decline into negative growth. Realty Access was able to take advantage of this opporunity to aquire a substantial portion of this famous resort. Long term growth exceeding 12% is expected for luxury vacation accomodation in the most sort after destination like Goa.