Why Alibaug is a Great Choice Investing in Second Homes
Second home Investment in Alibaug has exponentially rised because of many reasons. Alibaug, located in the Raigad district of Maharashtra, India, is a popular tourist destination that has been gaining popularity as a second home destination among investors. Alibaug is a picturesque coastal town situated in the Konkan region of Maharashtra. It is known for its scenic beauty, pristine beaches, and lush green hills, which make it a popular destination for tourists. The town is located just 120 km away from Mumbai, which makes it an ideal location for those looking to own a second home investment in Alibaug
Over the years, Alibaug has seen significant developments in infrastructure, with new roads, bridges, and transport links being developed. This has made it easier for people to access and travel around the region, which has led to an increase in the demand for second home investment in Alibaug.
Reasons why investing in a second home investment in Alibaug can be a great choice:
• Proximity to Mumbai: Alibaug is just a short ferry ride away from Mumbai, making it an easily accessible weekend getaway for Mumbaikars. This proximity also makes it a convenient location for a second home, as it can be easily visited during weekends or holidays.
• Developing Infrastructure: Alibaug is experiencing exponential infrastructure developments like highways, water transports, Navi Mumbai Airport. This is the main reason why Alibaug is an emerging hub of Real estate market. In addition to the development of roads, schools, colleges, and new business opportunities, the massive airport project has also created a large property investment market. Resort Home investment is also one of the huge developing infrastructures in Alibaug.
• Affordable Properties: Due to all future economic investments, Alibaug has become a micro market for real estate investors, developers, and industrial houses, luxury villas for sale, etc.
As a result, development in Alibaug has accelerated in the last decade. While row houses in cities typically cost between Rs 70 lac and 2 crores, bungalows in Alibaug can be purchased for between 1 crore and 7 crores. It is also possible to buy a plot for 10 lac and build your vacation home on it when you have more financial security.
• High ROI: People are keen to do second home investment in Alibuag. They prefer it as for more than just a weekend getaway; they want to benefit from an impressive return on investment. Buying a luxury villa for sale in Alibaug gives you the best of both worlds. The real estate market has exploded in Alibaug over the past decade, increasing at least threefold and reaching 150 percent growth.
Whereas prices of properties in major cities remain mostly static, plots in Alibaug have jumped from Rs 250-300 per square foot to Rs 1200-1400 per square foot between 2007 and 2020. Thanks to ongoing developments and investments, high ROI is expected from properties bought today, prompting investors to bank on luxury villas with pool for holidaying and long-term returns.
• Amazing properties in Alibaug: It is highly recommended to work with a renowned developer when looking to purchase a villa in Alibaug. This ensures that you are able to access all the necessary permissions and licenses. Moreover, partnering with an established brand provides you with luxurious bungalows in Alibaug equipped with modern amenities, beautiful gardens and various shared communal spots. Some of these projects even provide large rooms complete with all the conveniences one could possibly need and around-theclock housekeeping and catering services. As of now private pool villas in Alibaug, gated community in Alibaug, luxury villas for sale in Alibaug are high in demand.
• Serene and peaceful location: Alibaug is a quiet and serene location with beautiful beaches, greenery, and fresh air. It offers a perfect escape from the hustle and bustle of city life, making it an ideal location for a second home investment in Alibaug Resort Home investment is beneficial in such beautiful location as it is equipped with all the amenities & facilities.
• Growing real estate market: The real estate market in Alibaug has been growing steadily in recent years. There are several new developments, including luxury villas for sale in Alibaug and gated community in Alibaug that offer a variety of options for investors. In short resort home investment in Alibaug is currently in high demand.
• Tourist destination: Alibaug is a popular tourist destination with several historical and cultural attractions, including forts, temples, and museums. This makes it an attractive location for those looking to invest in a second home investment in Alibaug that can also generate rental income.
• Well-connected: Alibaug is well-connected by road, rail, and ferry to Mumbai and other major cities in Maharashtra. This connectivity makes it a convenient location for a second home investment in Alibaug, as it can be easily reached from anywhere in the state.
Conclusion
Overall, Alibaug's proximity to Mumbai, scenic location, growing demand, and increasing property values make it an ideal location for a second home investment especially resort home investment. Resort Home investment in Alibuag is the hottest trend in the real estate market. With its stunning landscapes, excellent connectivity, and peaceful surroundings, Alibaug offers a perfect blend of nature, leisure, and comfort, making it a favored destination for second home investment.
Pushpam’s Balibaug is an emerging resort home investment in Alibaug.
Second home investment in Alibaug can be a good option for those looking for a peaceful retreat and potential rental income. However, Pushpam’s Balibaug is an excellent option that can be your best resort home investment till now. It is a luxurious accommodation with 5-star equivalent amenities & innovative investment option.
WANT TO INVEST IN BALIBAUG
More details about Balibaug project contact us on:
Website - www.balibaug.com
Contact No- +91-7887889617
Email - info@balibaug.com