India Property News

Holiday rentals in Goa grow by 59 per cent

Holiday rentals in Goa grow by 59 per cent
Holiday rentals in Goa grew by 59 per cent last year, according to's latest report.
The holiday lettings website found that the Indian state was one of the most popular places for British buyers in 2011, with Southern Asia emerging overall as a favourite destination. Australia and Brazil saw the strongest increase in demand across the year, while the highest number of bookings on the site occurred in the Canaries, closely followed by Dubai and Barcelona.

Andy Cockburn, UK regional director for, said: "Both the Maldives and Sri Lanka registered significant growth in tourist demand in the first quarter of 2012, as did Goa. These are emerging markets for holiday rentals and we anticipate seeing supply here steadily increase too."

A survey conducted by the website also found that one in three British homeowners would like to relocate to their holiday home abroad. 75 per cent of them chose not to buy property in the UK due to hard to obtain mortgages and high prices.