The stressful, polluted, and jam packed lifestyle of cities can be draining. It makes us head towards the mountains or the beaches, to give ourselves some break from this monotony. But imagine if you already had a house in any such exotic location what could be better than that. Yes, buying vacation homes is a catching trend and people with disposable income tend to buy a second home in holiday destinations.
This not only serves as an asset to your investment portfolio, but can also earn you some passive income. You can always rent out the property to travelers when you are not in the house. Being located in holiday destinations you will never face dearth of travelers booking your property.
In this blog we have compiled a list of best destinations where you can buy a vacation home.
1 – Lonavala
Located between Pune and Mumbai this hill station has a very strategic location and is also easily accessible from Mumbai Pune Expressway. The cost of luxurious houses here starts from 1 Crore. It has pleasant weather all across the year which makes it suitable to vacation at any point of time.
It is popular for its lush greenery, ancient caves, historical spots, cliffs, waterfalls and surrounding mountains. It is also a hub of corporate training centers, and houses many good boarding schools. It has various senior citizens living spaces. In long run it can also yield you good returns.
2 – Goa
Unarguably its is the most popular holiday destination in India especially amidst youth. The party capital of India is also a great place to buy a vacation home where season never ends, and you can always earn a handsome amount from renting the property when not in use.
Goa is also the richest state and development projects here are on a rise. The property can anywhere cost you between few lakhs to few crores. The crystal clear beaches, adventure water sports, sea food, great nightlife, and hordes of foreign travelers are just the highlight of this place.
3 – Kasauli
Located near to both Shimla, and Chandigarh this place in Himachal Pradesh is another hotspot for buying a vacation house. Top developers like Tata Project and DLF have also ventured here. A house in this place can cost you somewhere around 30 lakhs.
It is surrounded by lush green forests, and the properties that are emerging here are all luxurious projects with world class furnishing. The rental rates in Kasauli are some of the highest ion North India which can ensure you a good return on your investment.
4 – Ooty
Also called as queen of hill stations, this place is eye candy of all the celebrities and public figures of India. Low pollution and lush green environment, along with lower crime rates, and pleasant weather throughout all seasons are some of the reason why this place must be on your list.
Ooty is also home to many good schools, and the people here are very friendly and hospitable. The govt. has very strict rules in this place for deforestation and land conversions, which leaves only selected properties for sale. But it also ensures a very high ROI within handful of years.
5 – Dehradun
Dehradun is the widest valley in world. Located at the footsteps of Himalayan ranges, it offers you a scenic backdrop, with lush green environment and snow capped hills. Since very long Dehradun has been an ideal destination for retirement. The affordable cost of living here is another bonus.
The close proximity to Delhi NCR and now provided with great road network, this place is ideal for vacation homes for North Indians. It is estimated that over 70% of the house buyers in Dehradun are from outside. Securing a property here can be wrapped within a crore.
6 – Nainital
Located in close proximity to Delhi NCR, Nainital is also a favorite destination for weekend getaways. Buying a property in the outskirts of Nainital is a good option for a vacation house. The adjacent areas of this place including Bhimtal, Bhowali, Sataal, Mukteshwar, Ramgarh, are also good choices and are being spotted by large developers. Buying a cottage or villa here is easy.
The best thing about this place is that it is well connected by both road and rail. The scenic beauty of Nainital and the hills all around add too much value to this place for a vacation home destination.
7 – Coorg
The place is known for its extensive coffee plantations and many estates doing the same. The beauty of this place is like no place else. During rainy seasons you can experience clouds touching your window. Since long this place has been ideal for retirement all because of the less pollution, healthy lifestyle of this place, fresh vegetation, and pleasant weather all seasons round.
8 – Alibaug
With close proximity to Mumbai, this place is an eye candy for all Bollywood Celebrities and even the businessmen. It just 3 hours away from Mumbai and even faster if you take a jetty ride. The beach side backdrop, with lush green environment and surrounding vacation homes this place is an ideal.
Anushka Sharma and Virat Kohli, Ranveer Singh and Deepika Padukone are some of the celeb couples that own a property here. Sanjay Dutt is also one of the property owners here. The list just goes on. You can secure a property in this place with cost somewhere around a crore.
Vacation houses are next level of travel bug!