Listing Details : LB-21531

Asking Price 15 Crs
Turnover 30 Lacs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Home Stays
Business Listed By Representative

Overview

The Company is an established serviced apartment business located in Arpora, one of North Goa’s most popular tourist destinations, known for its vibrant nightlife, beaches, and rich Goan heritage. The business comprises 8 fully furnished and well-maintained 1 BHK apartments within a secure gated complex offering 24-hour security, power backup, swimming pool access, and dedicated parking. Each apartment spans approximately 680 sq. ft. and is designed in a modern contemporary style, ideal for tourists, families, couples, long-stay guests, and work-from-Goa travelers. The apartments are fully equipped with air-conditioning, Wi-Fi, TataSky television, refrigerator, induction hotplate, utensils, crockery, electric kettle, and linen, providing a comfortable self-service stay experience. Strategically positioned in North Goa, the property is located close to Baga, Calangute, Anjuna, Vagator, and Candolim beaches, as well as Goa’s popular pubs, restaurants, beach clubs, casinos, and the famous Saturday Night Market. Guests also enjoy access to Goa’s Portuguese heritage attractions and cultural hotspots. The business has consistently received excellent guest ratings across leading tour and travel booking platforms and benefits from strong year-round tourism demand, making us a turnkey hospitality investment with strong recurring rental income potential.

Year of Establishment

2013

No. of Employees

2

Current Status of Business

Running Profitable

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

North Goa is one of India’s strongest tourism and hospitality markets, attracting domestic and international travelers year-round for its beaches, nightlife, and heritage attractions. Demand for serviced apartments and vacation rentals continues to rise as families, couples, and long-stay guests prefer spacious, fully equipped accommodations over traditional hotels. AAVAAS ELITE competes with hotels, villas, and guest houses but stands out through its prime Arpora location near major beaches and entertainment hubs. The business offers 8 fully operational furnished apartments with modern amenities, strong guest ratings on tour booking platforms, and recurring rental income potential in a high-demand tourism market.

Products & Services

The business offers fully serviced holiday apartments with recurring income generated through short-term vacation rentals, long-stay bookings, and online travel platform reservations

Growth Potential

AAVAAS ELITE offers strong diversification opportunities beyond traditional holiday rentals. Potential buyers can expand through premium vacation packages, work-from-Goa stays, long-term rentals, corporate retreats, and curated local experiences. Additional revenue streams include airport transfers, car and bike rentals, partnerships with travel agencies, restaurants, and tour operators, as well as seasonal packages and direct online bookings for improved margins. The business also has potential for brand expansion through additional serviced apartment units or nearby properties. With growing demand for experiential travel and flexible accommodations, AAVAAS ELITE is well positioned for scalable growth and recurring revenue opportunities.

Reason For Sale

Owners are focusing on other business commitments and seeking a buyer to take the business to its next stage of growth.

Financial Details

Listing Details : LB-21531

Asking Price 15 Crs
Turnover 30 Lacs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Home Stays
Business Listed By Representative

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