Vagator
Vibrant beach haven known for its stunning cliffs, red laterite rocks, and a blend of Indian and Portuguese culture.
About the location
Overview
Vagator, situated in North Goa, is a charming seaside town known for its picturesque beaches, perched high above on red laterite cliffs. Historically, it was one of the key areas under Portuguese rule, which is evident in its architecture and lifestyle. The town is also home to the Chapora Fort, a significant historical site offering panoramic views of the Arabian Sea.
The Lifestyle
Vagator offers a laid-back lifestyle with a vibrant mix of Indian and Portuguese cultures. The community comprises locals and numerous expats, attracted by the serene environment and the area's unique charm. The town is also known for its bustling nightlife, with numerous beach parties and music festivals.
Attributes
Scenic Beaches | Portuguese Architecture | Vibrant Nightlife | Expatriate Community | Music Festivals | Historical Landmarks
You're sure to adore
Vagator's serene beaches, vibrant nightlife, and rich cultural heritage.
The Market
The real estate market in Vagator is fairly robust, with prices ranging from INR 60 lakhs for 1-2 BHK apartments to INR 3-6 crores for villas. The market has seen considerable growth due to increased interest from both domestic and international buyers.
Connectivity
Airport
The nearest airport is Dabolim Airport, which is around 43 km from Vagator.
Bus
Vagator is well-serviced by the Kadamba Transport Corporation (KTC), connecting it to cities like Panaji, Mapusa, and Calangute.
Train
The nearest railway station is Thivim, approximately 19 km away, connecting Vagator to major Indian cities.
Road
Vagator is accessible via the NH66 highway which links it to other parts of Goa.
Social Infrastructure
Educational Institutions
Primary schools include St. Anne's High School and St. Joseph's High School. Hospitals in the vicinity include Vision Multispecialty Hospital and Vintage Hospital.
Hospitals
Key hospitals in Vagator include the Vision Multispecialty Hospital and the SHANTA DURGA HOSPITAL.
Crime Rate
Vagator has a relatively low crime rate, making it a safe place for both residents and tourists.
Geography
Soil
The soil in Vagator is mainly lateritic, suitable for the cultivation of paddy and coconut.
Topography
Vagator is characterized by flatlands dotted with palm trees, alongside a hilly coastline.
Altitude
Vagator is approximately 9 meters above sea level.
Flora & Fauna
Vagator is home to diverse flora, including coconut palms and cashew trees, and fauna such as dolphins, kingfishers, and various marine species.
Climate
Season at a Glance
Peak tourist season in Vagator is from November to March, with pleasant weather and minimal rainfall.
Rainfall
Vagator receives heavy rainfall, averaging around 3000 mm annually.
Temperature
The temperature in Vagator ranges from 25°C in winter to 35°C in summer.
Real Estate Trends
Rental Yield
Rental yields in Vagator range between 3% to 4% annually.
Capital Appreciation
The capital appreciation in Vagator's real estate market is approximately 5% year-on-year.
Average Price per sq.ft
The average price per sq.ft in Vagator is around INR 5,000.
Demand & Supply Dynamics
There is a high demand for properties in Vagator, especially for rental purposes, leading to a steady supply of new developments.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are around 200 AirBnb listings in Vagator, ranging from private rooms to entire villas.
Revenue Potential
Revenue potential for rentals in Vagator is high, especially during the peak tourist season.
Occupancy Rate
The average occupancy rate for rentals in Vagator is around 70% annually.
ADR
The average daily rate (ADR) for rentals in Vagator is about INR 3,500.
RevPar
The revenue per available room (RevPAR) in Vagator is approximately INR 2,500.
Investment Guide
1. Investing in beachfront properties can yield high returns. 2. Short-term rentals are a lucrative option due to high tourist influx. 3. Consider investing in properties near popular landmarks for better rental income.
Places to Visit
1 km I Known for its peaceful environment and stunning sunsets It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers vagator beach with opportunities for vagator beach and exploring the natural beauty of the area. Visitors can enjoy activities like hiking, photography, and wildlife sightings in a peaceful, untouched setting.
1.5 km I Historic fort with panoramic views of the coastline. 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.
5 km I A vibrant market for local crafts and souvenirs. 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.
1 km I Known for its peaceful environment and stunning sunsets It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers vagator beach with opportunities for vagator beach and exploring the natural beauty of the area. Visitors can enjoy activities like hiking, photography, and wildlife sightings in a peaceful, untouched setting.