For several decades, Kerala, the land known as “God’s Own Country”, has been one of the most popular holiday destinations in India. A favored destination for a holiday home/second home and for investment in real estate. Whether you wish for a getaway from city life or looking for a real estate investment in Kerala, this paradise has a lot to offer. In this blog, we talk about why investing in holiday homes in Kerala is a great idea.
What Makes Holiday Homes popular in Kerala
The allure of Kerala is unique as it is a harmonious combination of natural bounties, cultural heritage and facilities. With its serene backwaters to rolling hill stations, pristine beaches to exciting festivals, the state provides an ideal setting to experience life in a holiday home.
Breathtaking Natural Beauty
One very compelling reason to look at holiday homes in Kerala is the beautiful countryside. Imagine waking up to vistas of palm-fringed backwaters, tea trails in Munnar or golden sands on Kovalam beach. The variety of landscapes assure that there’s much in store – from solitude by the river to mountain snuggeries – this place is for anyone who loves nothing but a holiday in the lap of nature.
Pleasant Climate Year-Round
Unlike other places, Kerala has a moderate tropical climate all around the year. Wayanad and Munnar provide chilling weather, while the coast gives a soothing breeze – making it a perfect holiday destination any time of the year. This weather advantage is a massive consideration when it comes to picking a holiday home one can live in year-round.
Rich Cultural Heritage
Kerala, known for its pious traditions, classical dance forms like Kathakali, and famous temples such as Padmanabhapuram, and Sabarimala, is also known for its festivities like Onam and Vishu. This gives you all the reason to soak in the vibrant culture of Kerala. Also, when in Kerala, do not miss out on some delicious Kerala cuisine.
Rising Popularity of Holiday Homes in Kerala
The idea of possessing a holiday home in Kerala has become increasingly popular with NRIs as well as domestic buyers. Here’s why:
Affordable Real Estate Prices
In India, the other favoured holiday destinations like Goa and Himachal Pradesh have property priced in the premium category, whereas in Kerala, real estate is priced cheaper, particularly in areas which are developing – as opposed to the already done-up and popular ones. This is what makes it one of the best places to buy a house at a lower cost.
Infrastructure and Links
Kerala is known for its good infrastructure when it comes to roads, airports, and railways. The bigger cities like Kochi, Thiruvananthapuram and Kozhikode are well connected with the rest of the country as well as other countries, an added advantage for all holiday homeowners.
Tourism has grown exponentially in Kerala. The demand for good quality accommodation, including holiday homes and villas, has also increased. Investing in a second home in Kerala is not just limited to owning a getaway destination, it is also a lucrative real estate endeavor that has a highly appreciated value.
Best Places to Buy Holiday Homes in Kerala
Kerala itself has a variety of spots that range from the splendorous to the sober, depending on your taste and wallet.
Kochi – The Queen of the Arabian Sea
A blend of modern and traditional culture, Kochi is a much sought-after place for holiday homes. It is a scenic city, which provides amazing waterfront properties along with urban amenities. It’s perfect for people looking for an urban vibe with a touch of seaside charm.
Munnar – The Paradise of Hill Stations
Cool climate and vast tea gardens make it an ideal escape for nature lovers. Waking up to the view of misty hills and fresh mountain air, investing in a home in Munnar will be worth it.
Alappuzha (Alleppey) – The Venice of the East
Alleppey is also known as the “Venice of the East” and is famous for its backwaters and houseboat rides. Serene water views, traditional Kerala lifestyle, and local luxury houseboats make this place a must-visit.
Varkala and Kovalam – Beach Lover’s Paradise
Known for their beaches and natural beauty, these two places offer one of the best tourist vibes in Kerala, making them ideal for property investment.
Advantages of Investing in Kerala for Holiday Homes
The Income Potential You’re Looking For!
If you are not looking to use your holiday home all year round, there’s a thriving tourism business in Kerala that can help you rent your space. A lot of holiday homes are rented on platforms such as Airbnb, making it a source of stable, effortless cash flow for the buyers.
Favorable Government Policies
The government of Kerala encourages real estate development with policy rules for sustainable tourism and development. This works well for buyers planning to invest in real estate in Kerala.
Quality of Life and Healthful Living
Kerala is known worldwide for its Ayurvedic and wellness retreats. Having your own vacation home here provides you with nearby holistic health care services, yoga studios, and health spas to promote your well-being.
Safe and Peaceful Environment
Kerala is one of the safest states in India, with crime rates lower than the national average. The health care system is one of the best in the country. Gender and social discrimination are at low levels. Kerala is also home to 2.76% of India’s population. These demographic features have a major impact on women’s work and pay relative to men’s. Therefore, the state makes an ideal destination for holidays as well as retirement homes.
How to Buy Property in Kerala – A Fast Guide
1. Research and Choose the Right Location
Research the place thoroughly and choose the location based on your preferences and goals.
2. Check Legal Clearances
Be sure of land titles, ownership, and permissions of the site before you purchase.
3. Work with Local Real Estate Agents
They have the best knowledge of the local market and available properties.
4. Consider Added Expenses
Don’t forget registration charges, taxes, and ongoing maintenance costs.
5. Inspect the Property
Never trust pictures alone. Visit the property in person or send a trusted representative.
6. Think About Rental Management
If you plan to rent it out, choose a property near popular tourist locations with good access.
Kerala Holiday Homes – A Perfect Mix of Vacation and Investment
Whether you’re looking for a place to relax or aiming for a smart financial investment, holiday homes in Kerala offer the opportunity of a lifetime. With its friendly climate, diverse culture, and growing infrastructure, this state has so much to offer. With the right perspective, investing in holiday homes in Kerala could bring you joyful days and financial prosperity.
Frequently asked question (FAQ)
Q1: What makes Kerala an ideal location for vacation homes?
Its scenic beauty, salubrious climate all around the year, rich cultural heritage and fast-growing tourism industry make it one of the most rewarding places to invest.
Q2: Which are the best places to buy holiday homes in Kerala?
Kochi, Munnar, Alappuzha (Alleppey), Varkala and Kovalam are some of the places to buy holiday homes in Kerala
Q3: Is the cost of purchasing property in Kerala low as compared to other states?
Yes, the cost of purchasing property in Kerala is comparatively low compared to places like Goa or Himachal Pradesh, making it cost-effective for everyone.
Q4: Can I rent out my holiday home in Kerala?
Absolutely! The thriving tourism industry in Kerala offers excellent rental prospects for holiday home buyers and promises good rental returns.
Q5: Are there any legal conditions for non-resident Keralites while purchasing property in Kerala?
Both NRIs and Indian citizens can purchase properties in Kerala. It is important to confirm all legal documents and clearances before buying.
Q6: What is the state of connectivity and infrastructure in Kerala?
Kerala has a good network of roads, airports and rail, which is well connected to all the major cities and tourist destinations.
Q7: What are the types of Holiday Homes available in Kerala?
From quaint cottages, beach-side villas, backwater bungalows to hill station cottages, Kerala has a plethora of holiday home options for different tastes and budgets.
Q8: Is Kerala a good destination for long-term investment in real estate?
Yes, with increasing tourism, government support and a constant rise in real estate value, Kerala is a great long term investment option for the realtors.