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Key selling points
- On site security
- Swimming Pool
- Private Gardens
- On site management office
- Ideal location for accessing the major beaches
- Great Rental Potential
PROPERTY SUMMARY D’Costa Palms is a new development of secluded residential apartments from one of the most respected developers in Goa. The development offers a selection of boutiques, shops and apartments incorporating a shopping area. D’Costa Palms is an ideal business and residential location, situated on the Bridge Junction in Siolim which is the main road to Morjim, Ashvem and Arombol beaches in Goa. This excellent site location broke record land prices in Siolim this year when purchased. This shopping and residential development is in the heart of one of the fastest growing areas in Goa and will serve the major tourist and residential areas which are coming up here at an astonishing rate. There will be 24 shops. Amongst the shops we envisage will be banks, Jewellers, Souvenir Stores, a florist, Cafes, Restaurants, a bookshop and music store and an Opticians, Car Hire, Beauticians, a Bakery and Pharmacy. There will be a food court with a wide range of medium to high priced products. There will also be very exclusive boutiques for antiques and local handicrafts. Whatever your business now is the ideal time to invest in this golden opportunity and we want to help you make your business grow. This is the ideal place and location for business starters or for anyone wishing to expand. The 24 brand new apartments behind the shopping area will form a separate living world, with a swimming pool, attractive balconies, private gardens and extensive parking facilities. A perfect area to live and enjoy your life with everything on your doorstep. We will have on site security to ensure privacy, a taxi facility and management office.
FINANCING YOUR PROPERTY Finance is currently not available in Goa. However, our agents will be more than happy to discuss various options of raising finance for your purchase though our in-house independent financial advisors.
LOCATION Distance from Major amenities; This development is only minutes walk or drive away from everything you need. It is only: 50 minutes from Goa International airport 10 minutes from Thivim mainline Railway station. Just 10 mins to the nearest town of Mapusa with it’s famous Friday market 20 minutes to the Capital city of Goa, Panaji Less than 10 mins (4 km) from Anjuna, Vagator and Ashvem beaches 15 mins to Calangute, Baga and Candolim beaches Siolim Siolim is centrally located between the exciting and famous beaches of Baga, Calangute and Candolim with their vast number of excellent bars, restuarants and nightclubs to the south or the calm and tranquil beaches of arambol, Morijim and Ashvim to the North.
AMENITIES Perfect for a great annual holiday, year round residence and/or investment in Goa. With comfortable, spacious apartments and your own private swimming pool and all your shopping needs on your doorstep. For beach lovers, only 15 minutes drive to Goa's exciting Calangute, Candolim and Baga beaches. Here you will find literally hundreds of reasonable and quality restaurants, bars and nightclubs. Excellent sightseeing trips always available at minimal prices. Boating, countryside, ethnic markets for great bargains.... the list is endless, Goa is never boring.
To the north of Siolim lies beautiful and deserted Morjim Beach (Turtle Beach) and Ashvim Beach go as far as Chapora. The perfect place to go to avoid the activity found a bit more to the south (Anjuna). Although Morjim is a designated protected habitat for the Olive Ridley turtle, it's perfect for R&R. For a sense of Goa's hippie origins, head for Arambol, Goa's most northerly beach. It also offers better bodysurfing- the water's a little more turbulent. It draws quite a crowd during the season but the setting is nevertheless lovely, with a hill looming over a small freshwater lake fed by a spring. The further north you walk, the more solitude you enjoy. You can spend hours watching the surf glide, or check out Dreamcatcher Shack, started in 2002 by well-known Bollywood producers Shahnaab and Bhavna or head a little farther south from Arambol for idyllic Ashvim Beach, more popular with the Olive Ridley turtles that have been coming here for centuries.
On the northern part of Mandrem between the sea and the river is a beautiful small sandy “island” with coconut palms. Close by, Sharat Arora teaches Iyengar Yoga during the season. Siolim is central to healthy living and yoga and is a favoritye for both young and old. It has a rich diversity of fish and wild bird life and is fertile , peacful and calm. The local people are helpful and friendly as are country people everywhere in Goa. This area is very much up and coming with fast growing western investment and now is a perfect time to buy. We see the possibility of a huge rise in the capital costs invested due to the growing development of the Siolim area. The prices of property in Goa have almost doubled in the last year which makes these prices excellent value.
Price structure: Shops Please note that shops can be joined together to make a bigger unit as required. Double height (Upper level for storage, total height 4.5 metres) Two 12.80sq.m @ sterling 7.706 Two 25.65sq.m @ sterling 15.442 Four 28.20sq.m @ sterling 16,978 Two 33.25sq.m @ sterling 20.018 Single Height (height 3 metres) Two 12.80sq.m @ sterling 5,678 One 24.30sq.m @ sterling 10,780 One 25.65sq.m @ sterling 11,378 Three 27.90sq.m @ sterling 12,377 Two 31.95sq.m @ sterling 14.174 One 69.40sq.m @ sterling 30.786
Apartments Four 2/bed 85 sq.m @sterling 20,768 One 2/bed 87sq.m @ sterling 21,255 One 2/bed 87 sq.m @sterling 21, 829 Pool view from bedroom Three 2/bed 92sq.m @ sterling 22,480 One 2/bed 94 sq.m @ sterling 24,255 Pool view from bedroom Five 2/bed 101 sq.m @ sterling 24,676 One 2/bed 101 sq.m @sterling 25,295 Pool view from bedroom Two 2/bed 102sq.m @ sterling 24,920 Two 2/bed 113sq.m @ sterling 27,608 Y
our purchase price includes payment for a maintenance contract. This contract will cover the smooth running of all aspects of the development:24hr security, gardener, caretaker, pool man and water maintenance and cleaning , electricity and maintenance of all common areas. The developer will run the centre for the first 2 years and it in envisaged that a co-op will be formed at the end of that period and the contract payments transferred into a bank account in the Co-ops name. The owners will then take charge of the provision of services.
ADDITIONAL COSTS additional costs that are needed to take into account when buying are:- Legal Fees:- Approx 65 - 100 sterling Stamp Duty:- 2% Tax:- 2%
PAYMENT SCHEME Sterling £500 to reserve the apartment of your choice. 25% of Purchase price minus £500 within 7 days of reserving. 25% payable in January 2007 25% payable in October 2007 25% payable on completion August 2008 RENTAL POSSIBILITIES At present, there are a growing number of western people buying and renting-long term-in this area. We would see it as a real possibility to get long-term tenants for any shop or apartment here. The builder and developer will be happy to help in this area and recommend people to the development. As the development will be built to a high standard, all units will be easy to rent and should get a good price. Short term renting will fetch considerably more, of course. There will be care-taking personnel based on the site who can arrange the reception and day-to-day needs of any guests for a small fee.
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