Investing in real estate is a dream for many families in India, and the area around the MOPA International Airport in North Goa is quickly becoming a hotspot for smart investors. If you’re a family looking to secure your financial future or own a dream vacation home, property near MOPA Airport offers a unique blend of lifestyle and investment potential. But why is this location so special? How can it benefit your family? Let’s dive into the reasons why property near MOPA Airport is the next big investment opportunity for Indian families.
Why MOPA Airport Is a Game-Changer for North Goa
The MOPA International Airport, also known as Manohar International Airport, opened in December 2022 in Pernem Taluka, North Goa. This state-of-the-art airport, built at a cost of INR 2,870 crore, spans 2,133 acres and is designed to handle millions of passengers annually.It’s a gateway to domestic and international destinations, making North Goa more accessible than ever.
For families, this means easier travel to and from Goa, whether for vacations, business, or visiting loved ones. The airport’s strategic location, just 35 km from Panjim and close to popular beaches like Morjim, Arambol, and Vagator, makes it a magnet for tourists and investors alike. With enhanced infrastructure like highways, hotels, and commercial spaces, the area is transforming into a bustling hub, driving up demand for properties.
How Property Near MOPA Airport Offers High Returns
One of the biggest reasons to invest in property near MOPA Airport is the potential for high returns. Real estate experts predict that property prices in this region could rise by 27-30% annually once the airport is fully operational. Currently, the average property price is around INR 6,700 per square foot, with a compound annual growth rate (CAGR) of 3.9% over the last four years. This rapid appreciation makes it an ideal time for families to invest before prices soar further.
For example, buying a plot or villa now could yield significant profits in the coming years, whether you choose to sell or rent it out. The area’s growing popularity as a tourist destination means you can earn rental income by leasing your property to visitors. With Goa attracting nearly 10 million tourists annually, including a growing number of international visitors, the rental market is booming. Families can benefit from this steady income stream while also enjoying a vacation home.
Where to Find the Best Properties Near MOPA Airport
The areas surrounding MOPA Airport, such as Dodamarg, Sasoli, and Arambol, are emerging as prime real estate zones. These locations, part of the Sindhudurg district in Maharashtra and North Goa, offer a peaceful lifestyle away from crowded cities like Mumbai. Yet, they’re well-connected to urban centers via highways like NH 66 and the scenic Konkan Railway. For families, this balance of tranquility and connectivity is perfect for a second home or retirement property.
Gated communities and plotted townships are popping up, offering villas, apartments, and plots with modern amenities like swimming pools, clubhouses, and wellness centers. Projects like The Origin Sasoli by Axon Developers provide residential plots amidst 600 acres of greenery, ideal for families seeking a nature-inspired lifestyle. These properties are designed to blend luxury with the natural beauty of Goa, making them attractive for both living and investing.
When Is the Right Time to Invest?
With the airport already operational and infrastructure projects like convention centers, shopping plazas, and casinos in the pipeline, property values are set to skyrocket. Early investors will benefit from lower prices and higher appreciation potential. For families, this is a chance to secure a valuable asset that can grow over time, providing financial security for future generations.
Waiting too long could mean missing out on affordable prices. As more developers, like Axis Ecorp and Yugen Infra, acquire large land parcels for ambitious projects, competition for prime properties will increase. By acting now, your family can lock in a property at a lower cost and enjoy the benefits of Goa’s growing real estate market.
What Makes Fractional Ownership at a Premium Location Appealing?
For families who want to own property near MOPA Airport but find the cost daunting, fractional ownership at a premium location is a game-changing option. This model allows multiple families to co-own a property, sharing the costs and benefits. You can enjoy the perks of owning a vacation home without the full financial burden, making it an affordable way to invest in a high-growth area.
Fractional ownership at a premium location also offers flexibility. Your family can use the property for vacations while renting it out for the rest of the year, generating income. With the tourism boom driven by MOPA Airport, these properties are in high demand for short-term rentals. This approach ensures that your investment works for you, providing both lifestyle benefits and financial returns.
Why Families Should Consider This Investment
For Indian families, Than just an investment—it’s a lifestyle upgrade. Imagine owning a villa where you can escape for weekends, surrounded by Goa’s beaches and lush landscapes. It’s a place where your children can create lifelong memories, and you can relax away from the hustle of city life. Plus, the financial benefits, like rental income and property appreciation, make it a smart choice for securing your family’s future.
The area’s growing infrastructure, including schools, hospitals, and commercial spaces, ensures that it’s not just a vacation spot but a viable place for long-term living. For families looking to relocate or retire, the serene environment and modern amenities make it an ideal choice. The combination of natural beauty, connectivity, and investment potential makes this opportunity hard to ignore.
FAQs
1. How does the MOPA Airport impact property prices?
The airport boosts connectivity and tourism, driving demand for properties. Experts predict a 27-30% annual price increase, making it a lucrative investment.
2. What types of properties are available near MOPA Airport?
You can find villas, apartments, plots, and gated communities in areas like Dodamarg, Sasoli, and Arambol, with amenities like pools and wellness centers.
3. When is the best time to buy property near MOPA Airport?
Now is the ideal time, as prices are still affordable, and early investors will benefit from significant appreciation as the area develops.
4. What is fractional ownership at a premium location?
It’s a model where multiple families co-own a property, sharing costs and benefits. It’s an affordable way to invest in high-value properties near MOPA Airport.
How FOIC Can Help Your Family Invest Smartly
When it comes to making the most of this exciting opportunity, FOIC is your trusted partner. FOIC specializes in offering fractional ownership at a premium location, making it easier for families to invest in property near MOPA Airport. With their expertise, you can find the perfect property that fits your budget and lifestyle, whether it’s a villa, plot, or apartment. FOIC’s team provides personalized guidance, ensuring your investment is secure and profitable. Contact FOIC today to explore how your family can own a piece of North Goa’s booming real estate market and build a brighter future.
