Goa’s real estate market is on a remarkable upward trajectory for 2025–2026. Demand from NRIs, remote workers, and luxury holiday-home seekers is pushing prices across villas, apartments, and land parcels—especially in North Goa beach zones and emerging South Goa hotspots.

Overview of Goa’s Real Estate Market
- Surge in capital appreciation: Goa leads among Tier 2 cities with 66.4% year-on-year price growth, averaging ₹13,290 per sq ft, nearly half of Mumbai’s ₹28,921 psf.
- Strong luxury & rental demand: NRIs, digital nomads, and holidaymakers are driving both outright purchases and Airbnb-style short-term rentals.
- Infrastructure tailwinds: New Thalassery–Panaji routes, Mopa Airport, and Goa-Mumbai highway upgrades are expanding market access.
Price Trends by Property Type
Land & Plots
- Land in emerging areas like Pernem is on the rise due to better connectivity, with prices around ₹9,000–₹13,000 psf near airport zones.
- Calangute plots are priced between ₹6,150–11,600 psf.
Villas & Luxury Homes
- North Goa gated/coastal villas saw a 16–28% YOY appreciation, driven by demand in Anjuna, Baga, Calangute, Candolim, and Vagator.
- Premium beachfront villas in Assagao, Siolim, and Morjim have appreciated at 25–30% annually, currently trading at ₹15,000–30,000 psf.
Apartments & Flats
- North Goa 1BHK apartments now cost ₹18–20 lakhs—from ₹9,000–₹18,400 psf in Calangute.
- Panaji and Porvorim flats are rising 8–10% yearly, with entry-level prices in the ₹5,000–₹14,000 psf range.
Rental Yields & Investment Potential
- Short-term rentals (e.g., beachfront villas yielding ₹25k–40k/night during peak) and long-term monthly rentals ₹50k–₹100k in urban centers yield 5–9% annually.
- Airbnb-style furnished villas in prime coastal areas can deliver 5–8% rental returns per year.
Area‑Wise Snapshot of Rates (psf)
- Overall average price in Goa: ₹13,112 psf
- North Goa: Mopa ₹2,550, Tivim ₹2,500, Aldona ₹4,300 psf
- Calangute flats: ₹8,600–18,400 psf; land: ₹6,150–11,600 psf
- South Goa inland pockets (e.g., Margao, Vasco): ₹4,500–9,500 psf
Key Drivers Shaping the Market
- Luxury & NRI Demand: Demand remains strong post-pandemic from HNIs.
- Remote Work: Digital-nomad migration bolsters rental uptake.
- Infrastructure Growth: New airport, expressways, and smart-city plans open new zones.
- Government Support: RERA, PPP land development, and faster approvals boost confidence.
- Sustainable Developments: Eco-friendly gated communities and amenities attract mid-higher segment buyers.
Forecast 2025–2026
- Luxury villas: Expected annual increases of 20–30% in North Goa.
- Mid-segment apartments: Growth of 8–15% per year across key regions.
- Emerging land parcels: Prices likely to climb 10–20% near new infrastructure.
- Rental yields: With rental demand surging, yields may stabilize around 6–9% yearly.