My Villa in GOA | Should you buy property in Goa? | Goa REAL ESTATE Market
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My Goa property tour Vlog:)
I discuss with you:
- Why did I buy a property in Goa?
- Why not Delhi/Mumbai/Bangalore?
- What are the pros of buying property in Goa?
- What are some key things you must be aware of?
Do let me know in the comments if you'd like more of such Vlogs - and if you would want me to conduct an extensive class on buying real estate.
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Attributions:
Stock videos from Pixabay and Pexels
Logos: Wikipedia Commons
Video Editor: Ayushman Khare
Пікірлер: 852
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@jitendranoza
Жыл бұрын
Nice Investment 😊
@amritanshukhare9714
Жыл бұрын
Could you please guide me to buy property in Goa. I’m confused 😐 about localities to pick
@sagarshah3298
Жыл бұрын
We stayed in the same villa few months back with family. Must say we were impressed with the stay :) n the walkable distance to varca❤️
@auroraabagel6168
Жыл бұрын
This guy just won't stop flexing huh! My 1cr house, 20lakh car, Beach vacation etc etc, 😆😆😆😆. There a quote from Rahim" bare barayi na kare, bare na bole bol, rahiman hira kab kahe lakh taka mero mol".
@chinmaybhat6044
Жыл бұрын
I'll now be able to meet you near Varca and get a selfie with you
I think he wanted to make a vlogging video, then got bored and ended making as usual educational video.
@thepratikkulkarni3088
Жыл бұрын
Hahahahhahahhaha good 1
@seethabrahma1577
Жыл бұрын
this lavada akshat is making money out of us. 2 crore villa in goa and he's not even 35. saala chutiya, liar
@swapnilsalve1971
Жыл бұрын
by buying a property? Lol😂
@storytelling8519
Жыл бұрын
🤣🤣🤣
@onlysimplefin
Жыл бұрын
Chaatna band nhi hona chahiye
I am from Goa and I should say that true, lots of big builders who has national offices are building buildings in Goa and which they dont even advertise in Goa but they do in Delhi, Mumbai and Bangalore, type metros and they are really selling those tiny flats for higher prices and people from metro thinks that its cheaper comparing prices at their cities, infact they are been cheated. I saw one such flat it was really small compare to what local builders sells for that price. If possible buy properties from local builders you will get bigger spaces and at less price.
@dhingratixxx1
Жыл бұрын
Hello can you please help me in this issue , i wana be a good citizen of Goa... Though I am from Delhi... But don't want to be a part of any nuisance (as usually people think about Delhights and North Indians).. Let's make a better world around... Help me buying a small ...🙃 #Anthony Jenson
@Louis7491
Жыл бұрын
That is very true. I purchased a flat about 20 yrs ago from a reputed local builder, and it is in a Prime location. There are very good local builders who can be trusted.
@rufus7787
Жыл бұрын
Could you name some good builders?
@ajaygarg4697
Жыл бұрын
Anthony, do you know location of this villa ? If yes pls share
@milandey7542
Жыл бұрын
@@rufus7787 DEMPO GROUP
Well..this was an entirely different scenario I came to know about buying property in Goa.. thanks for the informative video👍
Akshat is that topper whom you meet just before exams fully prepared also discussing random topics which you skipped.
Hi Akshat, 8 % to 12 % yield on consistent basis from Residential property is far cry. Post tax yield assuming yield of 9 % and post few tax deductible expenses, you have to pay tax on residual income, which will will further reduce net yield. Other issue is Real Asset will not be liquid just like Equity, Net return will n't even HL rate of 8-9 %, My take is not more than 30-40 % of Net-worth should be in real estate and rest in MF/Equity based on risk appetite.
@gautamv952
Жыл бұрын
Well said. Also, an AirBnb establishment does not guarantee year-around occupancy, hence rental. There will be several lull periods during the off-season (e.g. Monsoon months) when your returns will be lower.
Real estate mostly generates 9-10% overall including rent and capital appreciation. Akshat being such a talented investor in stock market can generate more returns in stocks
Goa real estate boom is putting locals into trouble as they can't buy a decent home for themselves. I hope this goa real estate boom is short-lived and market goes back to normal
@divyavenkatesh9072
Жыл бұрын
This is actually true for all major cities
@callingbell-ix5se
Жыл бұрын
@@divyavenkatesh9072 at least in those cities people have intention to stay unlike goa where it's just a holiday home /2nd home
@shaunsensei6948
Жыл бұрын
Love it or hate it won't afterall Goa is probably the most popular holiday destination for Indians. But hey that's the case with every big city so yeah it is what it is.
@deepak2009negi
Жыл бұрын
Same here in dehradun ncr people buying heavily here
@AmitKumar42
Жыл бұрын
This will just get worse with time. The way people are earning more and getting the idea of investing more, this will only increase the price of real estate in coming times due to managers who can earn to run their family at all tourist spots.
Slight correction for bangalore - 70-90 lakhs properties - 25-35k 1cr and up - 50k onwards, mostly upto 90k in big societies
Your videos are very educative and helpful. Looking forward for many more. Cheers👍
Very challenging atempt you did I feel akshath Ji
Excellent video Akshat, definitely helpful
Title issues in Indian Real Estate will always be a major hinderance. Obtaining bank loan is a great idea to avoid this.
@nishilbright2007
Жыл бұрын
While you're making a good point but the fact is banks have lost a great deal of money themselves. Check out so many NPAs and defaults that banks make provisions for simply coz the money is stuck. Please always do the due diligence from your own end. Don't rely on anyone, including banks
@kannanlg4979
Жыл бұрын
Banks doing real estate verification is eye wash. I have seen top banks not doing proper due diligence.
@spartanwarrior4736
Жыл бұрын
there is one title that this information was all withheld, suppressed and concealed from everyone... there are many many different types of land TITLES out there... it all depends if you research and educated oneself on this subject matter...
@spartanwarrior4736
Жыл бұрын
@@nishilbright2007 The BANKS LOSE any ie money as it has none it own nothing... your talking about a subject that you are clueless on... and yes you need to do due-diligence in the subject matter you are dealing with... your misleading everyone here...
Thanks, very informative
You should have Tata or Ambani kind of wealth to buy a Villa in Mumbai. There are some places in Mumbai which has literally 10-12 lakh rent per month.
Congrats and good luck Akshat
Akshat trying to be vlogger initially but then cannot hold his nature of sharing knowledge..hahaha..love from this end..big fan Akshat..
Very nice.. Real estate education explained 👌
7:10 this easiest thing helps a little bit in initial checks but turns out to be no use when you really get trapped in a land dispute, local municipality approvals, unforeseen/hidden laws, legal issues etc at later stage when all your money has been disbursed to land owners and builders and you have no option but to keep paving bank EMI, taxes, maintenance charges and parallelly fight legal battle along with your daily job. Banks will do some initial due diligence and primarily check customer profile because even they don't have any fool proof way to entirely check legal aspects of property in this messed up system. But to sell their loan products they take some risks based on customer profile. Generally even in the worst case customer gets trapped in legal battles but their EMIs keep coming.
@BETIMAAPAPA
5 ай бұрын
Hmmm.... So what r the safest properties then to buy Goa..?
@BrownByTasteProudByChoice
3 ай бұрын
Absolutely, banks are nowadays interested in the repayment capacity of the buyer than the property title/legal issues.
wow...amazing video, Akshat
Akshat, Congratulations, You made good investment from KZread channel. 👍🏻
Nice video, Akshat - great info and insights - thx for your content!
Really interested in buying property there..only issue is money😄
@MyMoneyUniverse
Жыл бұрын
till then u can make money by investing well. i show my stock portfolio openly nd analyze what all shares i m buying. u can see that. might help!
@vinayakl2357
Жыл бұрын
Super Kush. I don't want to buy. If somebody allows me to stay in such property free more than happy
@MyMoneyUniverse
Жыл бұрын
@@vinayakl2357 haha bro lets make Kush buy the property nd we can manage it nd live there also.
@kushanand9563
Жыл бұрын
How about a Laxmi chit fund 😄
@MyMoneyUniverse
Жыл бұрын
@@kushanand9563 haha yeah we just 3 boys. need a Bipasha
I remember you saying I will buy a house in goa like 1 year ago and finally you did great
Lovely meeting you Akshay at Edwins Goa on Christmas Day... Charlene
Currently I am in GOA. Nowadays people who come to GOA become less. People prefer to go outside India to spend time rather than in India.
@tusharbh
2 ай бұрын
Indeed. its is an overrated place. which ever month you visit its always Hot. And the Dec month when weather is better, its super expensive. Beaches of Karnataka are better, cheaper & good weather
@nikitaraikar4042
Ай бұрын
Goa is overrated place and loosing its beauty.. there are much better place in India or outside India which can be done at same expense
Just popped up in feed - very nice
Hi Akshat I stayed in your society last week in a AirB&B listed property. It's Costa Vista Verde. I liked the place. Definitely a good buy. I stayed in Patnem also and felt that rental yield are even higher there. May be a scarcity premium they are charging.
Well explained
It's a really nice property Akshat- I stayed in the same Villa when I was in South Goa!
@priteshnaik1832
Жыл бұрын
Where it is exactly?
@AnchalaPatel
Жыл бұрын
What was the per day rent?
@theleostudio5570
Жыл бұрын
Where is it in Goa
@manojthomas3593
Жыл бұрын
Who is the builder ?
@nidhiarora5902
Жыл бұрын
Would u tell name of this society?
Hi Akshat. Just to be clear if you have bought a villa in a villa complex then the land probably doesnt directly belong to you and you may be owning undivided proportionate share in the larger property itself. Please check.
You got at a very good price ..the same would have cost 5 crores in a city like Bangalore
Really nice bro.... If I visited the Goa then I'll call you
Akshat Bhai! I've invested in Wright Momentum and Green Energy Smallcases, What should I do now???
Whatever you tell it's more educative I feel addicted,,, I am a teacher and my teaching way resembles you,, keep going akshat,,
Very nyc info dear Akshat .thank you 👏👌👍❤️
I am so thankful for your financial education
welcome....💐💐good to see in goa . I m from Karwar....
@promiseulegede6505
Жыл бұрын
Ok
@promiseulegede6505
Жыл бұрын
Appreciate your comments What' sap me with the number showing above for guidance, consultation and more investment updates..
Thank you Akshat your video is informative and very helpful.
Congratulations Happy for You God Bless
This was an entirely different scenario I can to know bout buying property in goa..thnks for this informative video
Akshat is really improving his content and spending his best time at Goa
Really started seeing your lack of contents for KZread videos ... So sad .... Plz keep up the work as you did always ...
@capricornus993
Жыл бұрын
English nahi aati toh chutiya toh matt kutva yahan lode. Upar se bakchod comment pelne aaya hai online. Sad!
Absolutely informative. It would be great if you can help with any agent or broker who can help us getting similar property near beaches.
Thanks for sharing bro...great video...
Very informative!!!!
Awesome, i am also living in goa for an year now, and that too in varca 😀
@MayankTiwari24
Жыл бұрын
@Unfriendly atheist nobody wants to live in bimaru hellhole, industries and constructions are need of developing nation. And people looking for Jobs will always move to such cities. Those who become financially independent and don't need to stay in such polluted cities. Always look for alternative. As for living in Goa, or anywhere else, we are contributing to the economy of such places by living here. Paying Rent, Buying groceries from locals and much more.
Very useful
Congratulations !!
Better to invest fort kochi like Home stays
Sir ... Your older Real estate investment videos please?
Since you have commercial goals it’s ok
Real estate is the only asset class that will make you wealthy even if you don't understand it. Finally you are on the right track to make wealth (accidentally)!
@Stevenvanmetre5807
Жыл бұрын
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ
highly needed
Hello sir 🙋🏻♂️ i really like your english speaking skills❤
Nice illustration
Interestingly, you spent some good time in Goa to know the market and then you purchased the prop which is really major piint to be considered...
Otherwise a good video bringing our the pros and cons
Akshat..... I work with Air india as a crew member there is not a single video I have missed of yours till date I have a dream to see you in the sky someday to fly you to your favorite destination.... Someday!
What about factors such as accessibility from railway, bus stations doesn’t it impact the rental yield?
Make a video on do and donot of buying commercial property
I have 5 office space . One in thane mumbai 4 in Noida. All 5 roughly 1000 sqft. Thane one I m getting 1lakh per month . Current price of the property is 1.8 cr though we bought @60 lakh 10 years back. Noida property is giving 45000 per month of all 4 office space each. (80lakh each )
@kartikjainsecc7122
Жыл бұрын
Mauj he aapki toh
@deepshar027
Жыл бұрын
Can you provide more information on office spaces?
@krypticencoder
Жыл бұрын
Thane is another city, not mumbai
@shibrik
Жыл бұрын
Are you interested in Goa ?
Informative
@promiseulegede6505
Жыл бұрын
Appreciate your comments What' sap me with the number showing above for guidance, consultation and more investment updates…
Lucky you!! It's very beautiful!! Enjoy your good fortune. Great 👍👍
I stayed in this villa. 2018. Tht time it ws fr one crore. Calangute area
Our group lived in your villa in March 2019 - its a nice place, very close to the beach :)
@HimanshuKhanduja
Жыл бұрын
What is the name of villa?
@manyubaweja
Жыл бұрын
@@HimanshuKhanduja costas vista verde, found it on google
I purchased a 3 BHK flat in Dona Paula, very prestigious builder of south. Cost almost same of this bungalow
Make a video on 1. Delta Hedging 2. BTST - Buy today and sell tomorrow 3. SLBM - Selling, Lending Borrowing Money 4. Arbitrage. 5. Algorithm Trading.
50% to the manager is very high, if he manages 10 such properties then his income is 4 lakhs per month. On the other side you needed capital of 2 cr plus bnb charges, plus maintenance cost plus gov charges. I know now I'll get your auto response to this comment, that too twice.
Delhi NCR buyers got fooled by the myth that banks do proper background checks while giving loans. Now a major percentage is paying EMI to bank and no hope to get their flats or plots
All the very best sir
Dear Akshat, thanks yet again for such a wonderful and informative video. Also could you advise on investing in plots at Sasoli. Thankyou
Congratulations Akshat 👍
Okay, so by definition rental yield of a property is annual rent generated by the asset.
Great info,Best Wishes to you🙏🏻❤️
@Stevenvanmetre5807
Жыл бұрын
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ….
@Stevenvanmetre5807
Жыл бұрын
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ⬆️ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ….
Just one thing, can you provide a link to your villa through air bnb?
Hi Akshat I am from Goa, Varca. Welcome to Goa.
You can earn much higher income in Mumbai than Dilli for sure.
@akshat when the rental yields are 6-7% and home loans currently at 8% how do u plan to pay off the difference ?
Bro u should remove this play at 1.5 times speed suggestion bcoz we would do it anyways
Rent in Bangalore have shot up. For 2BHK from local builder, rent is 30-40k per month. It’s impossible to get a flat for rent in a gated society for less than 28k in areas like whitefield. So your assumption of 25k rent for 1 crore property is wrong. A 1 crore property for rent can be as high as 50-60k per month easily
Wow 👌
In Bangalore 1 cr property rental will be 40k easily
12 percent yield on a 2 crore house. So you are saying you can charge 200,000 rs per month or 6600 per day consistently every day for a full year for multiple years?
I was staying in C1 last week , costa Vista ❤
Fantastic info thank u
81000*12*100/2,00,00,000 = 4.86 How are you claiming rental yield to be 6%?
Hey! Are your courses pre-recorded or are they live classes?
please talk more about gurgaon's real estate market
@Stevenvanmetre5807
Жыл бұрын
ᴡᴀᴛsᴀᴘ ʟɪɴᴇ ᴀʙᴏᴠᴇ ғᴏʀ ᴀᴅᴠɪᴄᴇ ᴀɴᴅ ᴄᴏɴsᴜʟᴛᴀᴛɪᴏɴ
I don’t about other Cities but in Bangalore rent definitely is on higher side. It’s very difficult to get one crore property rent just in price 25k per month.
@indicrenaissance5712
Жыл бұрын
You can get it if you look around
Bhai I'd definitely love but it's so very expensive
Hi Akshat, pleae make a video on the real estate investment on the cities like pune, goa etc.
किती व्यर्थ बोलता भाऊ तुम्ही 🌹
great video. thanks. i shared with my family. I wish you had told us about basics like carpet square footage of the property. it helps guys like me. I own a coworking space named amigo in noida. Come by sometime. Or dont : )
while buying a property for rental yield, one should give equal importance to capital appreciation, because the main earning will ultimately will be through how much value your asset had appreciated and not through how much rent one had earned from an asset in say one year
Very nice house in a very nice place. Congratulations Akshat. Is it a new one or second hand purchase. Please don't mistake me for asking this question.
Akshat you bought a Honda City too?
Hi Akshat, please make a video on pros and cons of buying commercial properties.
@Akshat7107
Жыл бұрын
ᴛʜᴀɴᴋꜱ Ŧᴏʀ ᴡᴀᴛᴄʜɪɴɢ👍 ꜱᴇɴᴅ ᴀ ᴍᴇꜱꜱᴀɢᴇ ᴏɴ✍️ ᴡʜᴀꜱᴀᴘᴘ…✙𝟏𝟗𝟏𝟐𝟔𝟎𝟔𝟖𝟎𝟎𝟓
Garbage collection is major issue in goa specifically if you area comes under village panchayat like we have navelim nearest to it
No Akshat Ji, Here at bengaluru the rent has gone high. You will easily get 40-45K for 1Cr property.