If you’re a family in India looking to invest in property or buy a second home, you’ve probably heard about the buzz surrounding Real Estate Properties Near Mopa Airport. The newly operational Manohar International Airport in North Goa, also known as Mopa Airport, has transformed the region into a hotspot for real estate investment. But why is this area attracting so much attention? The airport is driving growth, when is the best time to invest, where to find the best properties, and what makes this location ideal for families. Whether you’re dreaming of a vacation home or seeking best fractional ownership properties for investment, this guide will help you understand the potential of this booming area.
Why Mopa Airport Is a Game-Changer for Real Estate
The Mopa International Airport, inaugurated in December 2022, has brought a new wave of opportunities to North Goa and nearby Sindhudurg, Maharashtra. Located in Pernem Taluka, about 35 km from Panaji, this modern airport is designed to handle millions of passengers annually, easing the load on Dabolim Airport in South Goa. With better connectivity to major Indian cities like Mumbai and Delhi, as well as international destinations, Mopa is set to become a major travel hub.
The airport’s development has sparked a boom in infrastructure, including new roads, hotels, shopping complexes, and even a proposed international cricket stadium. This growth makes the area appealing for families who want a serene yet well-connected place to call home. Plus, the proximity to Goa’s famous beaches like Morjim, Arambol, and Mandrem adds a touch of vacation-like charm, perfect for family getaways.
How Property Prices Are Rising
One of the biggest reasons why Real Estate Properties Near Mopa Airport are gaining attention is the rapid rise in property values. According to recent data, the average property price near the airport is around INR 6,700 per square foot, with an expected appreciation of 27.8% in the next 12 months. Over the past four years, property prices have grown at a compound annual growth rate (CAGR) of 3.9%. This steady increase makes it a smart time for families to invest, whether for a primary home, a second home, or best fractional ownership properties that allow shared investment for higher returns.
For families, this price surge means two things: first, buying now could lead to significant returns in the future, and second, waiting too long might make properties less affordable. Areas like Dodamarg, Sasoli, Siolim, and Assagao are seeing high demand, with prices in some premium localities matching those in major cities.
When Is the Right Time to Invest?
When should families consider investing in Mopa’s real estate? The answer is now. With the airport fully operational since January 2023, property prices are expected to soar further as tourism and infrastructure grow. Early investors are likely to see the highest returns, especially as new projects like hotels, casinos, and shopping plazas increase the area’s appeal. For families, buying now means securing a property at a lower price and enjoying both price appreciation and rental income potential in the future.
What Makes Mopa Ideal for Families?
What makes Real Estate Properties Near Mopa Airport so appealing for families? Here are a few reasons:
- Serene Lifestyle: Unlike crowded cities like Mumbai or Goa’s bustling tourist hubs, areas near Mopa Airport offer a quiet, nature-filled environment. Families can enjoy waterfalls, beaches, and green landscapes in Sindhudurg and North Goa, perfect for relaxing weekends.
- Connectivity: The airport and improved road networks make it easy to travel to major cities, which is great for families who need to balance work and leisure.
- Amenities: New projects come with modern facilities like swimming pools, gyms, and green spaces, designed with families in mind.
- Tourism Boom: Goa’s tourism is expected to grow, with Mopa Airport handling 150 flights daily and attracting millions of visitors. This makes rental properties a lucrative option for families.
How Families Can Benefit from Fractional Ownership
For families who want to invest but find whole properties expensive, best fractional ownership properties are a fantastic option. Fractional ownership allows multiple families to co-own a property, sharing costs and profits. This is especially popular in tourist-heavy areas like North Goa, where families can use the property for vacations and rent it out for income when not in use. Companies like FOIC specialize in offering such opportunities, making it easier for families to own a piece of this growing market without breaking the bank.
FAQs About Real Estate Properties Near Mopa Airport
1. Why are properties near Mopa Airport a good investment for families?
Properties near Mopa Airport are gaining value due to the airport’s connectivity and the area’s tourism boom. Families can enjoy price appreciation and rental income, making it a smart financial move.
2. What types of properties are available near Mopa Airport?
You can find villas, apartments, bungalows, and plots in gated communities. Options range from 1 to 4 BHK homes, catering to different family sizes and budgets.
3. How does the airport boost the real estate market?
The Mopa Airport improves connectivity, attracts tourists, and drives infrastructure growth, leading to higher property demand and prices in nearby areas like Siolim, Assagao, and Dodamarg.
4. When is the best time to buy a property near Mopa Airport?
Now is ideal, as property prices are rising and expected to increase by 27.8% in the next year. Early investment ensures better prices and higher returns.
5. What is fractional ownership, and how can it benefit my family?
Fractional ownership lets families co-own a property, reducing costs while sharing rental income. It’s a great way to invest in luxury homes near Mopa Airport without buying outright.
Why Choose FOIC for Your Real Estate Investment?
For families looking to invest in Real Estate Properties Near Mopa Airport, FOIC is your trusted partner. With a deep understanding of the local market, FOIC offers a wide range of properties, from luxury villas to best fractional ownership properties, tailored to your family’s needs. Their expert team provides personalized guidance, ensuring you find a property that fits your budget and lifestyle. Whether you’re seeking a second home for family vacations or a high-return investment, FOIC makes the process simple and secure.
