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Assagao

A serene, upscale village in North Goa known for its lush greenery and luxury real estate

Location Information

 Location Information

Overview

Assagao is nestled amidst rolling green hills in North Goa, offering a tranquil environment away from the bustling tourist hotspots. The area is characterized by low-density development, a blend of traditional Goan architecture and modern luxury villas, and a growing community of urban professionals, creatives, and entrepreneurs. Its economy is driven by tourism, hospitality, and high-end real estate, creating an ambiance of exclusivity and relaxation.

The Lifestyle

Residents and visitors enjoy a laid-back yet sophisticated lifestyle, with a strong sense of community and privacy. The village is dotted with boutique cafes, art galleries, and wellness retreats, reflecting a cosmopolitan yet rooted culture. Assagao attracts those seeking a blend of Goan heritage, contemporary comforts, and a vibrant social scene.

Attributes

Tranquil, green, exclusive, upscale, artistic, low-density, cosmopolitan

You're sure to adore

Assagao's unique charm lies in its peaceful ambiance, heritage Portuguese villas, and lush landscapes. The area offers a rare combination of privacy, luxury, and proximity to Goa's best beaches and nightlife.

The Market

The real estate market in Assagao is booming, with high demand for luxury villas and gated communities. Prices have surged in recent years, driven by interest from high-net-worth individuals and global investors seeking premium properties with strong appreciation potential[1][2][3][4].

Connectivity

Airport

40 km | Goa International Airport (Dabolim)

Bus

4 km | Mapusa Bus Stand

Train

15 km | Thivim Railway Station

Road

3 km | National Highway 66

Social Infrastructure

Educational Institutions

St. Anthony's High School, Sunshine Worldwide School, Vidya Prabodhini College

Hospitals

Vrundavan Hospital, Vision Multi Speciality Hospital, Mapusa District Hospital

Crime Rate

Assagao is considered a safe locality with low crime rates and a strong sense of community security.

Geography

Geography

Soil

The soil in Assagao is predominantly laterite, supporting lush vegetation and tropical gardens.

Topography

The terrain is gently undulating with green hills and valleys, providing scenic vistas and natural drainage.

Altitude

Assagao sits at an average elevation of about 60 meters above sea level, offering pleasant breezes and panoramic views.

Flora & Fauna

The area is rich in tropical flora, including coconut palms and flowering trees, and is home to diverse birdlife and small mammals.

Climate

Climate

Season at a Glance

• Summer: Warm and humid, 24°C-32°C, occasional sea breezes providing relief
• Monsoon: Heavy rainfall June-September (~2,900mm), landscape turns lush, outdoor construction slows
• Winter: Pleasant 18°C-24°C, low humidity, clear skies, peak tourism and outdoor activities season

Rainfall

Assagao receives an average annual rainfall of 2500 to 3000 mm, with the heaviest showers during the monsoon months.

Temperature

Typical temperatures range from 20 degrees Celsius in winter to 35 degrees Celsius in summer, with high humidity during the monsoon.

Real Estate Trends

Real Estate Trends

Rental Yield

4 to 6 percent annually

Capital Appreciation

80 to 120 percent over the last three years[3][5]

Average Price per sq.ft

Rs 35,000 to Rs 40,000[3]

Demand & Supply Dynamics

High demand for luxury properties with limited supply, driving rapid price appreciation[1][3][4]

Short Term Rental Trends

Short Term Rental Trends

Types of Assets (No. of AirBNB Listings)

Predominantly luxury villas and boutique homestays, with over 200 active Airbnb listings

Revenue Potential

Premium short-term rentals command high rates, especially during peak tourist seasons

Occupancy Rate

Average occupancy rates range from 70 to 85 percent annually

ADR

Average Daily Rate for luxury villas ranges from Rs 15,000 to Rs 35,000

RevPar

Predominantly luxury villas and boutique homestays, with over 200 active Airbnb listings

Investment Guide

Investment Guide

Focus on gated communities or heritage villas for strong appreciation, leverage short-term rental platforms for high yields, and monitor upcoming infrastructure projects to identify emerging micro-markets

Places to Visit

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