Under-construction luxury service apartments in Penha De Franca, Porvorim, Goa from ₹96,87,000 with professional management and strong rental return potential.
- Service apartments, under construction
- RERA registered (PRGO05252368)
- Price from ₹96,87,000
- Luxury, fully furnished apartments
- Professional hotel-level management
- Prime location in Penha De Franca, Porvorim
Property details
Configuration
- Project category
- residential
Move-in & status
- Status
- Under Construction
About this listing
Unveiling a splendid investment opportunity in the heart of Goa’s vibrant rental marketspace. These exclusive, under-construction service apartments in the prime location of Penha De Franca, Porvorim, Goa, present a unique blend of luxury living and profitable rental return prospects. Priced at a competitive 96.87 Lac, this real estate proposal is a limited-time offer for serious investors. Registered with RERA PRGO05252368, you can invest with confidence.
Key Highlights:
Prime Location: Strategically positioned for easy access to Panjim and key tourist attractions.
Luxury Living: Experience the epitome of luxurious living with exquisitely designed, fully furnished apartments.
Professional Management: Benefit from the peace of mind brought by the expert, hotel-level management service.
Exceptional Amenities: Enjoy a range of world-class amenities for an upscale lifestyle.
High Rental Returns: Leverage Goa’s booming tourism sector ensuring a strong demand for premium rental properties.
Opt for this one-of-a-kind investment opportunity that seamlessly merges luxury, convenience, and profitability.
Frequently Asked Questions:
What is the status of the property? – The property is currently under construction.
Is the project RERA registered? – Yes, the RERA registration number is PRGO05252368.
What type of property is it? – These are luxury, fully furnished service apartments.
What is the price of the property? – The prices start at 96.87 Lac.
What makes this investment profitable? – Given Goa's thriving tourism sector, these service apartments provide high rental return prospects along with the benefits of a premium location and professional management.
Located in the heart of Penha De Franca, Porvorim, a serene and peaceful neighborhood in Goa.
Just minutes away from a range of amenities, including restaurants, shops, and public transport services.
Surrounded by lush greenery and scenic landscapes, providing a tranquil and peaceful living environment.
Close proximity to several renowned educational institutions and healthcare facilities.
Easy access to the popular beaches and tourist attractions in Goa.
Location
Located in Penha De Franca, Porvorim, a serene neighborhood minutes away from restaurants, shops, and public transport. Close to renowned educational institutions and healthcare facilities. Easy access to Goa's popular beaches and tourist attractions. Adjacent to lush greenery and scenic landscapes.
Living in Penha de Franc
Penha de Franca (Britona) is a Bardez village on the Mandovi River's north bank, directly across from Panaji via the Atal Setu bridge. Distinct from the Panjim chapel of the same name, it is confirmed by government records as the seat of Goa's Secretariat and Legislative Assembly (Alto-Porvorim, PIN 403521) plus the Bombay High Court's Goa Bench.
It also hosts Mall de Goa, IHM Goa and other institutes, alongside the historic Reis Magos Fort and Church nearby, blending administrative importance with a quiet riverside village character.
- Houses Goa's Secretariat, Legislative Assembly and the Bombay High Court's Goa Bench, making it the state's administrative and judicial nerve-centre.
- Directly linked to state capital Panaji via the Atal Setu cable-stayed bridge carrying NH66 over the Mandovi River.
- Home to Mall de Goa (the state's largest mall), plus IHM Goa, Vidya Prabodhini College and the Directorate of Technical Education.
- Riverside village beside the historic 16th-century Reis Magos Fort and Church, with Chorao's Salim Ali Bird Sanctuary and Panjim's heritage quarter nearby.
- Retains a green, low-rise Bardez village character centred on its parish church, Nossa Senhora da Penha de Franca, minutes from the capital.
- The Atal Setu/NH66 corridor into Panaji carries roughly 66,000 vehicles a day and gets congested in peak tourist season.
- As a small Bardez parish rather than a marketed micro-locality, none of the major portals run a dedicated locality guide for it.
- Sits inland of Goa's beach belt - Calangute, Candolim and Baga are several kilometres further west - so tourist/hospitality footfall is lower than coastal Bardez.
- Estuarine, mangrove-lined riverside setting near the Mandovi has drawn environmental scrutiny, including an NGT case over mangrove loss during Atal Setu's construction.
- Published population data (2001 census: about 15,375) is dated, and independent recent civic or real-estate coverage specific to Penha de Franca is scarce.
Penha de Franca (Britona) sits on the Mandovi's north bank directly opposite Panaji, linked via the Atal Setu cable-stayed bridge carrying NH66, used by about 66,000 vehicles daily. It lies on the Panaji-Mapusa highway corridor and hosts the Goa Secretariat, Vidhan Sabha and the High Court's Goa Bench.
Mapusa town and Thivim railway station lie further north; Dabolim airport is reached via NH66 south through Panaji.
The locality's Vidya Nagar ward hosts the Institute of Hotel Management Goa, Vidya Prabodhini College (with L.D. Samant High School) and the Directorate of Technical Education.
The Goa Board of Secondary and Higher Secondary Education (GBSHSE), which oversees 518 affiliated schools statewide, is also headquartered in Porvorim. The wider Porvorim-Penha de Franca belt additionally includes Holy Family High School, ACDIL High School, Kids Kingdom International School and Spring Valley High School.
The locality's core economic activity is government administration: the Goa Secretariat, Goa Legislative Assembly and the Bombay High Court's Goa Bench are all sited at Alto-Porvorim (PIN 403521), drawing legal, bureaucratic and ancillary service employment. Mall de Goa anchors organised retail, and IHM Goa supports hospitality training.
Goa's broader economy, per the state government, rests on tourism, mining, and agriculture.
Though away from Goa's beach belt, the locality sits beside the 16th-century Reis Magos Fort and Church on the Mandovi, restored as a cultural centre and tourist attraction. Chorao Island's Salim Ali Bird Sanctuary, Goa's largest mangrove bird reserve, lies across the river.
Panaji's heritage core and Miramar beach are a short drive south-west, while Fort Aguada and the Calangute-Candolim beach belt lie further west in Bardez.
Recreation centres on Mall de Goa, the state's largest shopping and multiplex mall, located within the locality on NH66.
Panaji's Kala Academy, the state's principal performing-arts and cultural centre, and the riverfront Miramar beach promenade are a short drive away across the Atal Setu bridge.
The area's infrastructure is built around state-government functions: the Secretariat/Vidhan Sabha complex and the High Court's Goa Bench building overlooking the Mandovi, plus NH66 highway frontage, the Atal Setu bridge, and Vidya Nagar's cluster of educational institutes.
Goa Medical College, Bambolim, is the nearest major government hospital, while Porvorim itself has several private clinics and hospitals.
Project & building
Questions about this listing
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Penha De Franca, Porvorim, Goa
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Frequently asked questions
Is this service apartment project RERA registered?
Yes, the project is RERA registered with registration number PRGO05252368.
What is the current status of the project?
The property is currently under construction.
What is the price of the service apartments?
Prices start at ₹96,87,000 (96.87 Lac).
What type of amenities are available?
The project offers fully furnished apartments with hotel-level professional management and world-class amenities.
Why is this considered a profitable investment?
Goa's thriving tourism sector ensures strong demand for premium rental properties, providing high rental return prospects along with professional management and a prime location.