Linc Property

Tips & checklist for first-time home buyers in Goa

February 16, 2023

Every home buyer seeks to soak in the pride and sense of identity that comes with owning a home; owning one in Goa doubles up those emotions all the more by far. Have you ever thought of owning a home in Goa but have felt overwhelmed by the process that goes into getting started? Fret not! Read on and get familiar with tips that will help you make well-informed and regret-free decisions while buying the best residential projects in GoaThe decision and process of buying a home in Goa involve two parts. One is the legal aspect of going about with the purchase ensuring that you follow the proper process, and carry out your due diligence, documentation, and transactions. The other is about the personal choices that involve the type of home you are looking for, its aesthetics, location, amenities, the reputation of builders’ budget, and so on. As Goa’s trusted builders have an insider view on curating, creating, and selling some of the best homes in Goa, we’d love to share with you a few home-buying tips and best practices that will go a long way in helping you own your dream home in Goa.

  • Understand and Identify your needs – Do not be in a rush to buy your home, nor blindly follow impromptu home-buying plans made amongst your friend circles. Remember that what suits everyone else may not suit your needs. Asking yourself the following questions will help you get there:
  • What are you looking for in a home? 
  • Are you buying a primary or secondary home, a ready-to-move-in or under-construction, an apartment or villa, gated or non-gated community? 
  • What are the specifications, location, amenities, privacy, and neighborhood that you seek? 
  • Are you seeking rental income or capital appreciation?


  • Indulge in a bit of market research – Thanks to a highly digitized world, you can do your real-estate research without having to make multiple trips to the location where you plan on purchasing your home. Make sure to read and understand details on the location, price, rental returns, resale value, and so forth. The more research you do, the better you will be placed at making a well-informed choice. Ensure you choose a home in the right location which is placed at an ideal distance to supermarkets, shopping centers, educational institutions, and health and transport facilities.


  • Set a budget that works for you – Financial awareness is one of the key steps in the process of home buying. Based on your research you will have identified the costs of various types of homes. This will help you arrive at the best budget needed to buy your desired dwelling space. After setting a personal budget make sure you stick to it; this is the primary principle of avoiding burdening yourself with financial stress at a later stage. Having a set budget helps you narrow down the choice of your home. Here are the financial-related questions you need to ask yourself.
  • Will you be self-funding the purchase? 
  • Will you be going in for a bank loan? 
  • Which is your trusted bank? 


  • Know your developer – Your happiness lies in the hands of your home builder, hence you need to make sure that you are dealing with nothing short of the best and most reputed property developers in Goa. Make sure you do the following before choosing your builder:
  • Review the credentials of various developers and their projects
  • A personal visit to past and ongoing projects will help you get first-hand experience with their work
  • Check for the track record of builders including completion time of projects and quality of construction; further if possible talk to homeowners who have purchased from these builders to get a fair assessment of the situation. 


  • Assess the amenities offered – Having a home without amenities is almost incomplete when it comes to modern real-estate needs. Popular must-have amenities include a swimming pool, community hall, clubhouses, sports, and gym facilities, CCTV surveillance, 24×7 security, and so on. Owning a home gives you a sense of comfort and luxury and also adds more value to your property.  Residents at our apartments for sale in Goa have access to the best of amenities that are well maintained. 


  • Secure finance options – In order to secure the best finance options, talk and engage with multiple institutions by comparing their rates and terms. Ensure that all the necessary documents such as tax returns, payslips, employment certificates, and so on are in place. Make sure that your credit history is sorted out before applying for a loan. Keep in mind to only deal with authorized and verified financial institutions so as to ensure safe transactions. Follow the rule of thumb by not spending more than 30 percent of your monthly payments on paying off your loans. In case you exceed this it will get difficult to cope with your other expenses.


  • Necessary legal work – Before buying a property ensure that all legal work from the side of the developer, as well as the buyer, is in order. Be certain that your real estate developer has obtained all necessary permissions from the concerned boards, committees, and other regulatory bodies before going ahead with the construction. Here are some of the approvals needed:
  • Approvals from local authorities (Municipality or Panchayat)
  • No Objection Certificate (NOC) from the Health department
  • Approvals from Electricity and Pollution control boards
  • Approvals from Forest & Agriculture Department (if the project comes under a green zone)


We do hope that these tips sort out your quest for buying a home in Goa and have made you feel more relaxed in going about with it. Hundreds of happy homeowners have trusted us for our reputation of delivering high-quality construction with practical designs that are suited for a variety of lifestyles. Take a look at our projects and be a proud member of this community which is an excellent investment opportunity made for you! Here you can check what our happy homeowners have to say about their experiences and the fulfilling relationship that they continue to share with us Check our customer Testimonials.