Parra
A serene and picturesque village in North Goa, famous for its scenic beauty, heritage homes, and the St. Anne€™s Church.
About the location
Overview
Parra's real estate market is growing, with prices ranging from INR 50 lakhs to INR 3 crores. The real estate growth is driven by the demand for holiday homes and the increasing popularity of Parra as a tourist destination.
The Lifestyle
The lifestyle in Parra is leisurely and tranquil, marked by the Goan 'susegad' way of life. The community is closely-knit, with locals often engaging in community services and festivities. The village is a melting pot of cultures, marked by the influence of Portuguese architecture and Indian traditions.
Attributes
Serene Environment | Portuguese Influence | Scenic Beauty | Rich History | Vibrant Community | Abundant Greenery
You're sure to adore
Parra's relaxed lifestyle, lush greenery, and rich cultural heritage.
The Market
Parra's market is a local favorite, known for fresh produce, traditional Indian spices, and local handicrafts.
Connectivity
Airport
The nearest airport to Parra is Dabolim Airport, Goa which is around 40 km away.
Bus
Parra is well-connected to other parts of Goa via public bus services from Mapusa Bus Stand.
Train
The nearest railway station is Thivim Railway Station, which is approximately 10 km away.
Road
Parra is accessible from NH 66 (National Highway 66), which connects it to other parts of Goa and neighboring states.
Social Infrastructure
Educational Institutions
Parra has several schools, including St. Anne's Convent High School. Hospitals like the Primary Health Centre are also available for medical services.
Hospitals
Primary Health Centre in Parra provides basic health services. For advanced healthcare, one can go to the District Hospital in Mapusa.
Crime Rate
Parra, like most parts of Goa, has a relatively low crime rate, making it a safe destination for both residents and tourists.
Geography
Soil
The soil in Parra is lateritic in nature, suitable for the cultivation of rice and coconut.
Topography
Parra is characterized by flat lands with gentle slopes, fields, and coconut groves.
Altitude
Parra is approximately 7 meters above sea level.
Flora & Fauna
Parra is rich in coconut trees, mango groves, and a variety of bird species.
Climate
Season at a Glance
Parra has a tropical monsoon climate with a hot summer (March-May), monsoon season (June-September), and a mild winter (November-February).
Rainfall
Parra receives an average annual rainfall of about 3000 mm.
Temperature
The temperature in Parra varies from 20°C to 35°C throughout the year.
Real Estate Trends
Rental Yield
The annual rental yield in Parra ranges from 2% to 3%.
Capital Appreciation
The real estate in Parra has seen a capital appreciation of around 5% in the last year.
Average Price per sq.ft
The average price per sq.ft in Parra is around INR 5000.
Demand & Supply Dynamics
There's a steady demand for residential properties in Parra, with a slight increase in supply due to new project launches.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Parra, in North Goa, is best known for luxury holiday villas and boutique homes set amidst scenic coconut groves and winding village roads. It's a premium destination for second homes and short-term rental investments.
Revenue Potential
The revenue potential for rental properties in Parra is high, thanks to its proximity to popular tourist spots.
Occupancy Rate
Parra sees a high occupancy rate of around 70-80% during the peak tourist season (November-February).
ADR
The Average Daily Rate for AirBnb listings in Parra is around INR 3000.
RevPar
The Revenue per Available Room (RevPAR) in Parra ranges between INR 2000 to INR 2500 during the peak season.
Investment Guide
1. Invest in holiday homes due to high tourist demand.
2. Opt for properties closer to popular landmarks for better rental yield.
3. Consider investing in land, given the rising demand for residential plots.
Places to Visit
A historic fort with panoramic views. This serene location is perfect for nature lovers, offering a peaceful retreat amidst stunning natural beauty. Visitors can indulge in various outdoor activities such as photography, hiking, and wildlife exploration, or simply enjoy the tranquility of the surroundings. It's an ideal spot to reconnect with nature and experience its untouched charm.
Known for its vibrant nightlife and natural beauty It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers anjuna beach with opportunities for anjuna beach and exploring the natural beauty of the area. Visitors can enjoy activities like hiking, photography, and wildlife sightings in a peaceful, untouched setting.
15 km I A popular beach known for its lively nightlife. This serene location is perfect for nature lovers, offering a peaceful retreat amidst stunning natural beauty. Visitors can indulge in various outdoor activities such as photography, hiking, and wildlife exploration, or simply enjoy the tranquility of the surroundings. It's an ideal spot to reconnect with nature and experience its untouched charm.
A historic fort with panoramic views. This serene location is perfect for nature lovers, offering a peaceful retreat amidst stunning natural beauty. Visitors can indulge in various outdoor activities such as photography, hiking, and wildlife exploration, or simply enjoy the tranquility of the surroundings. It's an ideal spot to reconnect with nature and experience its untouched charm.