Overview of Fatorda, South Goa

Location and Connectivity

Fatorda lies within the Margao taluka of South Goa, featuring good infrastructure. This area is right next to Margao, the main commercial center of South Goa. It's well-linked via various transport options.

Property Rates

• Property prices in Fatorda start from around Rs. 2,903 per sqft.
• The average cost for properties here is about Rs. 5,614 per sqft.
• You can find the most expensive property listed for up to Rs. 7,894 per sqft.

Property Types

• Apartments: Found at average prices of Rs. 5,200 - Rs. 6,000 per sqft.
• Independent Houses: Their prices range from Rs. 5,400 to Rs. 6,200 per sqft.
• Villas: These are priced between Rs. 5,600 and Rs. 6,200 per sqft on average.

Market Trends

• The property prices in Fatorda increased by 2.52% over the past year, signaling a positive market trend.
• People see it as profitable to buy and sell properties here due to current price trends.

Amenities and Lifestyle

• Fatorda offers a balanced lifestyle close to Margao. It means easy access to a bustling market, shops, and eateries.
• The area is noted for its homes, with many satisfied residents highlighting a stable and pleasant living environment.

Investment Potential

• Fatorda belongs to the wider South Goa region, set to see steady growth due to its less crowded development compared to North Goa.
• Investors see it as worth looking into for potential capital gains and rental income, especially during the tourist season.

Why Buy or Rent in Fatorda?

Reasons to Buy

• Prices: When compared to other locations in Goa, Fatorda features lower property prices.
• Connectivity: It’s near Margao and other important places in South Goa.
• Development: It’s expected to grow moderately due to its ongoing development.
• Amenities: You’ll find essential amenities and a vibrant market in Margao.

Reasons to Rent

• Choice: There are various rental options like apartments, independent houses, and villas.
• Maintenance and Costs: Maintenance fees and rents here are fairer than those in other parts of Goa.

PropertyWala's Summary

Fatorda in South Goa stands out for both buyers and renters, offering affordability, convenience, and a good lifestyle. With favorable market trends and moderate growth prospects, Fatorda is ideal for anyone looking to invest in or live in a well-connected and enjoyable part of Goa. It has various property types and reasonable rates, making it appealing for different buyers and renters.