Pernem
Pernem, a tranquil coastal town known for its stunning beaches and rich cultural heritage in North Goa, India.
About the location
Overview
Pernem is the northernmost taluka of Goa, flanked by the Arabian Sea on the west and surrounded by the Sawantwadi and Dodamarg talukas of Maharashtra. Historically, Pernem has been a part of various dynasties, including the Maurya, Shatavahana, Bhoja, Kadamba, and Vijayanagara. It's known for its picturesque landscape and a blend of Goan and Maharashtrian culture, making it a significant cultural hub in the region.
The Lifestyle
The lifestyle in Pernem is laid-back and relaxed, reflecting the leisurely Goan way of life. The community is a mix of Hindus, Christians, and Muslims, living harmoniously and celebrating festivals together. The local language is Konkani, with Marathi, Hindi, and English also widely spoken.
Attributes
Scenic Beaches | Rich Cultural Heritage | Tranquil Ambience | Vibrant Festivals | Laid-back Lifestyle | Excellent Seafood
You're sure to adore
The serene atmosphere of Pernem sets it apart from the more commercialized parts of Goa. Its pristine beaches, like Arambol and Mandrem, are perfect for relaxing and watching the sunset. The town's rich cultural heritage, reflected in its local festivals and architecture, adds to its charm.
The Market
The real estate market in Pernem is growing, with prices ranging from INR 3,000 to 5,000 per sq. ft. The town has seen a surge in interest from both domestic and international buyers, resulting in steady price appreciation.
Connectivity
Airport
Goa International Airport is the nearest airport located about 56.5 km away from Pernem.
Bus
Pernem is well connected by bus services to other parts of Goa. Goa Kadamba Transport Corporation (KTC) provides frequent bus services.
Train
Pernem has its own railway station, Pernem Railway Station, located in the town centre.
Road
Pernem is located near NH-66 (previously known as NH-17), which provides connectivity to other parts of Goa and neighbouring states.
Social Infrastructure
Educational Institutions
Notable institutions include St. Joseph's High School and Government College Pernem. For healthcare, the Primary Health Centre and Dr. Rane's Hospital are available.
Hospitals
Primary Health Centre Pernem and Dr. A.P Sawant Hospital are two prominent hospitals in Pernem.
Crime Rate
Pernem has a low crime rate, making it a safe place to live and visit.
Geography
Soil
The soil in Pernem is lateritic, suitable for plantation crops.
Topography
Pernem is characterized by a mixed topography of plateaus, plains and beaches.
Altitude
Pernem is approximately 10 metres above sea level.
Flora & Fauna
Pernem is rich in flora and fauna, with a variety of tropical trees and a diversity of bird species.
Climate
Season at a Glance
Pernem has a tropical monsoon climate, with a pleasant season from November to February.
Rainfall
Pernem receives heavy rainfall during the monsoon season from June to September.
Temperature
The temperature in Pernem ranges from 25°C to 35°C throughout the year.
Real Estate Trends
Rental Yield
The average rental yield in Pernem is approximately 3-4% annually.
Capital Appreciation
Real estate in Pernem has seen a capital appreciation of about 5-6% over the last few years.
Average Price per sq.ft
The average price per sq.ft in Pernem is around INR 4000-5000.
Demand & Supply Dynamics
There is a steady demand for residential properties in Pernem, with a balanced supply.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are around 50 AirBnB listings in Pernem, offering a variety of stay options from traditional homes to beach resorts.
Revenue Potential
The revenue potential for rental properties in Pernem is high, thanks to its popularity as a tourist destination.
Occupancy Rate
The average occupancy rate for rental properties in Pernem is around 75%.
ADR
The average daily rate (ADR) for a rental property in Pernem is approximately INR 3000-4000.
RevPar
The revenue per available room (RevPAR) in Pernem is approximately INR 2250-3000.
Investment Guide
1. Invest in beachfront properties for higher rental yields.
2. Consider properties near popular tourist spots for better appreciation.
3. Residential properties are a safe option due to the growing demand.
Places to Visit
15 km | A hidden gem with scenic 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.
18 km | Known for its beauty and quiet atmosphere. 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.
14 km | A tranquil beach known for its serene environment and sunset views, 6.6 km It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers arambol beach with opportunities for arambol 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 | A hidden gem with scenic 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.