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Old Apr 10th 2017, 5:12 pm   #1
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Post Selling property in Goa

Hi all,

I am looking to sell an apartment in Goa (Arpora, one of the Acron properties)

An old thread mentioned Pink Zebra, and I went into their offices a few years back, so will try speaking to them - does anyone know of any other good agents?

Other friends have suggested advertising in the UK, where I am based. I have seen a few independent adverts on Rightmove etc - if anyone has done this, and could recommend a good site or knows of agents in the UK that would be great also

I will be in Goa next week, just looking to try get in touch with agents initially before I head out

Thanks

Vishal
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Old Apr 11th 2017, 9:11 am   #2
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Smile Re: Selling property in Goa

Quote:
Originally Posted by Vish P View Post
Hi all,

I am looking to sell an apartment in Goa (Arpora, one of the Acron properties)

An old thread mentioned Pink Zebra, and I went into their offices a few years back, so will try speaking to them - does anyone know of any other good agents?

Other friends have suggested advertising in the UK, where I am based. I have seen a few independent adverts on Rightmove etc - if anyone has done this, and could recommend a good site or knows of agents in the UK that would be great also

I will be in Goa next week, just looking to try get in touch with agents initially before I head out

Thanks

Vishal
Hi Vishal, We had an Acron apartment in Siolim which we sold two years ago through sending the details to all my friends and using Facebook. I did contact Pink Zebra and Bill was very good so I would definitely recommend them. We met several agents but Pink Zebra were the best of them all.
Try selling privately first. Advertise in papers in India and have a friend take over the viewings in your absence. While you are there you could give a local lawyer like the one next door to Pink Zebra Power of Attorney. Good luck
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Old Apr 11th 2017, 12:46 pm   #3
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Default Re: Selling property in Goa

Hi Chris,

Thanks for the quick feedback - really useful

I will try advertising and asking around to see if I can sell privately, think we may be able to get others that live in the block to show anyone around

We also used the solicitors you mentioned when buying, so will stop by there, good idea on power of attorney

Vishal
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Old Apr 14th 2017, 12:08 pm   #4
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Default Re: Selling property in Goa

Don't Acron offer re-sale facilities?

AndyD 8-)

P.S. There are new restrictions on using non-family / foreign POA's (try Google)
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Old Apr 15th 2017, 10:33 am   #5
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Default Re: Selling property in Goa

Hi Andy,

I am not aware of any formal re-sale facilities offered by Acron, I think some of the former employees might provide help with sale (we used a contact for rental a while back)

Thanks, i'll look into restrictions on POA, I am leaving for Goa tonight, so can stop by the solicitor for a chat next week. Not a major issue if we need to travel back to sign any documents (another excuse for a holiday).

Vish
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Old Dec 7th 2017, 6:38 pm   #6
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Default Re: Selling property in Goa

Sorry for reviving an old thread, but though people on this forum might be able to help me.

My parents recently passed away, and left us with a property in Goa. They were British nationals, and as I understand it, did not meet the FEMA requirements to own property in Goa.

While we like India, we're not the type who go back to the same place every year, and hence would like to sell the property if it all possible.

Could anyone give us some pointers to how me might sell this property, given the deeds will not have been registered?

Many thanks in anticipation.

Andy
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Old Dec 8th 2017, 10:42 am   #7
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Default Re: Selling property in Goa

Is this Acron? - It may help if it is because they have a reputation for being helpful.
Either way, your parents should have an Agreement for Sale; if it was Acron they would also have a 'revolving' five-year lease (they may also have signed deeds but if they're not registered I don't think that helps much).
An Agreement of/for Sale can be assigned ("Deed of Assignment") to someone else for a 'consideration'; I think it can also be inherited**, and hence assigned by the legatee.
Foreign wills are a bit of a minefield in India (well, so is foreign anything!) - which suggests the other option of reverting title to the previous owner for a price.
Both methods require the agreement of the previous owner, which presumes some (possibly hefty) "consideration".

** If an AforS can be inherited, and you are or could become 'A person Resident in India' as per FEMA then it just might be possible to Register the Deeds in your name.

I'm a bit rusty on this, if you have specific questions or want more info (usual caveats - inalb etc.) then send me a PM.

AndyD 8-)
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Old Dec 11th 2017, 11:50 am   #8
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Default Re: Selling property in Goa

Quote:
Originally Posted by Vish P View Post
Hi all,

I am looking to sell an apartment in Goa (Arpora, one of the Acron properties)

An old thread mentioned Pink Zebra, and I went into their offices a few years back, so will try speaking to them - does anyone know of any other good agents?

Other friends have suggested advertising in the UK, where I am based. I have seen a few independent adverts on Rightmove etc - if anyone has done this, and could recommend a good site or knows of agents in the UK that would be great also

I will be in Goa next week, just looking to try get in touch with agents initially before I head out

Thanks

Vishal
Hi Vishal,

I gave up buying a flat in Colva a couple of years ago after wasting a lot of time and money there. I think I picked a wrong local agent and possibly also the seller who made it difficult for me.

I am still keen to buy a flat there. Would love more details on the property you are selling. I am based in UK too and a OCI holder which in theory should make buying easier, but my last experience was NOT good.

Anyways, get in touch and we can discuss this further.

Cheers

<snip>

Last edited by christmasoompa; Dec 11th 2017 at 8:07 pm.
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Old Dec 11th 2017, 8:09 pm   #9
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Default Re: Selling property in Goa

Quote:
Originally Posted by lenuk50 View Post
Hi Vishal,

I gave up buying a flat in Colva a couple of years ago after wasting a lot of time and money there. I think I picked a wrong local agent and possibly also the seller who made it difficult for me.

I am still keen to buy a flat there. Would love more details on the property you are selling. I am based in UK too and a OCI holder which in theory should make buying easier, but my last experience was NOT good.

Anyways, get in touch and we can discuss this further.

Cheers

<snip>
I've removed your email address from your post - remember that BE is a public forum, so it'll be picked up by every spambot & weirdo out there! The OP can contact you via the forum if they wish, although do note that this is a very old thread and they haven't visited the forum since 15th April, so are unlikely to see your post.

HTH.
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