Anjuna
Anjuna, an enthralling coastal village in Goa, India, known for its vibrant nightlife, stunning beaches, and the world-renowned Anjuna Flea Market.
Location Information
Overview
Anjuna is situated in North Goa, a region steeped in Portuguese history and culture. Known for its scenic beauty, it was once a haven for the hippie culture in the 1960s and 70s. Today, it's a significant tourist spot, attracting visitors with its stunning beaches, vibrant nightlife, and the famous Wednesday Anjuna Flea Market.
The Lifestyle
The lifestyle in Anjuna is laid-back and relaxed, reflecting the bohemian culture of Goa. The community is a mix of locals, expats, and tourists, creating a multicultural atmosphere. The village is known for its trance parties, beach festivities, and yoga retreats.
Attributes
Vibrant Nightlife | Stunning Beaches | Famous Anjuna Flea Market | Multicultural Community | Laid-back Lifestyle
You're sure to adore
Anjuna's stunning beaches and vibrant nightlife are sure to captivate you. But it's not just about partying; the village has a spiritual side too, with numerous yoga and meditation retreats, sure to leave you rejuvenated.
The Market
The real estate market in Anjuna is robust, with prices ranging from INR 60 lakhs for apartments to INR 3-4 crores for villas. The market has seen steady growth, thanks to the area's popularity with tourists and expats.
Connectivity
Airport
The closest airport to Anjuna is the Dabolim Airport (GOI), which is approximately 43 km away.
Bus
Anjuna is well-connected by bus services, with the Anjuna Bus Stop being the primary hub for local and intercity buses.
Train
Thivim Railway Station is the nearest railway station, which is approximately 18 km away.
Road
Anjuna is accessible via the NH66 (National Highway 66).
Social Infrastructure
Educational Institutions
Educational institutions include St. Michael's Convent High School and Little Flower of Jesus High School. Hospitals include Dr. Pusalkar's Hospital and Health Centre.
Hospitals
Primary health facilities in Anjuna include Dr. Pusalkar's Hospital and Anjuna Rural Medical Dispensary.
Crime Rate
Anjuna is relatively safe with a lower crime rate compared to other tourist places in India. However, minor crimes like pickpocketing can occur.
Geography
Soil
The soil in Anjuna is primarily lateritic, suitable for plantation crops and coconut cultivation.
Topography
Anjuna is characterized by its sandy beaches, rocky cliffs, and coconut groves.
Altitude
The general elevation of Anjuna is approximately 5 meters above sea level.
Flora & Fauna
Anjuna is rich in biodiversity, with a variety of bird species, tropical trees, and marine life.
Climate
Season at a Glance
Anjuna has a tropical monsoon climate, with a dry season from November to March and a monsoon season from June to September.
Rainfall
Anjuna receives an average annual rainfall of approximately 3000 mm.
Temperature
The average temperature in Anjuna ranges between 25°C and 30°C.
Real Estate Trends
Rental Yield
Rental yields in Anjuna range between 3-5% annually.
Capital Appreciation
Real estate in Anjuna has seen a capital appreciation of approximately 10% in the past five years.
Average Price per sq.ft
The average price per sq.ft in Anjuna ranges between INR 5000 to INR 8000.
Demand & Supply Dynamics
The demand for properties in Anjuna is high due to its popularity as a tourist destination. However, supply is limited due to stringent regulations on construction in coastal areas.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are approximately 300 Airbnb listings in Anjuna, ranging from private rooms to entire villas.
Revenue Potential
The revenue potential for rentals in Anjuna is high, especially during the peak tourist season from November to March.
Occupancy Rate
The average occupancy rate for rentals in Anjuna is approximately 70% annually.
ADR
The average daily rate (ADR) for rentals in Anjuna is approximately INR 3500.
RevPar
The revenue per available room (RevPAR) in Anjuna is approximately INR 2450.
Investment Guide
1. Investing in beachside properties can yield good returns due to high tourist demand.
2. Consider properties close to popular landmarks for better rental prospects.
3. Investment in serviced apartments or villas can yield good returns due to the growing popularity of homestays among tourists.
Places to Visit
