Overview of Socorro, North Goa

Location and Accessibility

Socorro, in North Goa, boasts a prime location and excellent connectivity. It's near key landmarks like Porvorim, Mall de Goa, Calangute, and Panjim, making it a favored choice for both residents and investors.

Property Prices and Trends

• Properties in Socorro begin around Rs. 4,531 per square foot, while the average is about Rs. 10,194 per square foot.
• Prices range from Rs. 7,985 to Rs. 12,280 per square foot.
• You can expect to pay around ₹ 1.51 crore for the average property here. Some specific homes, like a 4 BHK villa, cost Rs. 6.00 crore.

Types of Properties Available

For Sale:

• Several residential choices include flats, villas, and builder floors.
• Prices cater to all budgets, from affordable homes to high-end options.
• One example: A 3 BHK villa with 2550 sqft can go for around Rs. 7,450 per square foot.
• Plots are also available at ₹45,000 per sqmt.

For Rent:

• You'll find 1 BHK, 2 BHK, and 3 BHK flats and independent villas.
• A 1 BHK flat rents out for ₹15,000 to ₹22,000 per month while a 2 BHK flat ranges from ₹25,000 to ₹60,000 per month.
• Semi-furnished options with car parking, balconies, and modern fittings are available.

Amenities and Infrastructure

• Homes often feature parking, balconies, and modern conveniences like ACs, geysers, and refrigerators.
• Many projects include extra amenities like a secure, well-maintained compound and proximity to schools, hospitals, and more.

Investment and Rental Yield

• The real estate market here is promising for purchasing or selling.
• Its high demand and prime location promise good rental yields, with diverse options to meet tenant needs.

PropertyWala's Conclusion

Socorro in North Goa is a strong real estate option for buyers and renters. Its strategic site, wide array of properties, and favorable trends make it a top choice for those seeking residential or investment options. Whether it's a luxury villa or budget-friendly flat you’re after, Socorro offers a mix of affordability, amenities, and top location making it a strong pick in North Goa.