With the rise in the second homes trend, I give my two cents on the industry and how tisyastays contributes to it. Do have a read!

?The third quarter of 2021 was when the real estate market began to see some revival. Home-sales shot up and among the many lessons the virus had taught us, the importance of a second home became a significant one.

A second home is essentially an abode where one goes to spend some quality time off. It is also a very special concept for those who work hard all their lives and save up to invest in one.

?Attributing to the importance of second homes to Indians are facts. Sales for vacation homes have have seen a major upward trend in the last couple of years, according to 360 Realtors’ latest research report. The country’s second home market segment is expected to grow annually by 23.63 per cent in the next five years.

Among the many beautiful destinations that the country has to offer as hubs for second homes, one that triumphs quite obviously is Goa.

?To understand this keenly, one needs to dive in to the “susegad” way of life. The word comes from the Portuguese word sossegado - which means quiet. It refers to the chilled out and laid back attitude of the Goan people. And it’s not so hard, when tranquil beaches with soft sand and rhythmic waves are just walking distance from your home - in this case your second home.

The above and favourable rates for real estate in Goa make it a conducive choice for a second home.

Comparatively affordable rates further make it quite appealing to those looking to invest in a second home. Second homes in Goa also offer a high Return on Investment (ROI) — which is around 10% (compared to many cities that offer you around 3-4%).

?Interestingly, the property market in Goa ranges from mid to upper-range villas, apartments, premium homes and bungalows in gated community and luxury abodes. Locales like Anjuna, Candolim, Nerul, Vagator, Pilerne, Assagao and remain desirable.

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The impressive package that is a second home in Goa became real for me in September 2020, when I purchased my first property in the beach state. In time, I realised that there are also obvious hesitations that come along with the purchase of a second home. The resistance comes forth with the maintenance and upkeep of the property - very understandably as well - I must add.

?And that’s where the idea of tisyastays came about. When you list your second home with us, you can leave the maintenance of your property on us. We are deeply invested in ensuring your second home is maintained as good as new, and for this we work with some of the best hospitality talents in Goa to make sure your second home is well cared for. Our maintenance style is proactive and not reactive, which especially works in a coastal scenario like Goa.

Our housekeeping army follows dedicated cleaning schedules to keep your home fresh as new through the year. So that when you do decide to come visit your home, it’s in the best condition. It also helps that you get to earn significant rental income with this association. We’ve devised multiple revenue streams to make sure your income keeps flowing in, even while you’re staying far away.

?While you continue your day to day life in your permanent home in your home city, you can associate yourself with a brand like ours - tisyastays - that pledges to handle the rental of your property, along with maintenance and upkeep of the apartment or villa.

By Gagan Gambhir, CEO tisyastays?