Exploring Waterfront Properties in Kerala: What to Know Before Buying
Exploring Waterfront Properties in Kerala: What to Know Before Buying
Blog Article
Exploring Waterfront Properties in Kerala: What to Know Before Buying
Kerala, known as "God's Own Country," has some of the most beautiful waterfront properties in India. From calm backwaters and riversides to lovely beaches, the state is full of stunning homes with water views that attract buyers looking for peaceful, beautiful places to live. Buying a waterfront property in Kerala is not just a real estate choice; it’s a chance to enjoy a lifestyle close to nature. Here’s what you should know before exploring waterfront properties in Kerala.
1. Understand Different Types of Waterfront Properties
Beachfront Properties: These homes are right by the beach and are perfect for buyers wanting a vacation feel. Popular spots include Alleppey, Varkala, and Kovalam.
Riverside Properties: These homes offer a calm view of the river and are usually near Kerala's many rivers, providing a relaxed lifestyle away from busy beaches.
Backwater Properties: Kerala’s famous backwaters give a unique living experience. Places like Alappuzha and Kumarakom are great for these properties, offering beautiful views and chances for tourism.
2. Check Legal Clearances and Documentation
Buying waterfront properties needs a clear understanding of legal rules and environmental laws. These may include:
Coastal Regulation Zone (CRZ) Rules: India’s CRZ rules limit building near the coast to protect nature. Make sure your property follows CRZ guidelines.
Ownership Documentation: Like any property purchase, check the title deeds, ownership history, and land use permissions.
Environmental Clearance: Make sure the property meets Kerala’s environmental rules, especially if it’s near protected areas.
3. Assess Flood and Erosion Risks
Kerala's waterfront properties can be more exposed to nature’s elements, like flooding and storms. Here’s how to stay safe:
Flood Zone Mapping: Make sure the property is outside high-risk flood zones by checking Kerala’s flood maps and local information. Areas that flood seasonally may need extra care.
Erosion Protection: Properties by beaches or rivers may face erosion over time. Look for properties with good walls or barriers to prevent land loss.
4. Check Property Maintenance Needs and Costs
Waterfront homes often need more care because of saltwater, humidity, and storms. Consider these points:
Property Wear and Tear: Saltwater and humidity can cause damage. Regular care of exteriors, windows, and balconies is important.
Insurance: Waterfront properties usually have higher insurance costs to cover risks like flooding and storms.
Cost of Maintenance: From landscaping to regular upkeep, waterfront properties need a bit more budget to stay safe and attractive.
5. Explore Investment Potential and Resale Value
Kerala’s waterfront properties offer great investment chances, especially in tourist areas. Key points to think about:
Vacation Rentals: Waterfront properties near tourist spots can earn good rental income. Places like Kochi, Varkala, and Alappuzha are popular for rentals.
Resale Value: Waterfront properties often increase in value over time due to limited availability. Choosing a location with steady tourist interest can boost property value.
Development Opportunities: Some waterfront properties can be used for eco-friendly resorts, homestays, or vacation rentals, making them great for investors.
6. Consider Lifestyle and Accessibility
Living by the water offers a calm, nature-focused lifestyle. But easy access to services is also important:
Amenities Nearby: Make sure the property is close to grocery stores, hospitals, schools, and other essential services.
Access to Public Transportation: While a quiet waterfront home is nice, easy access to roads or public transport can improve your comfort and property value.
7. Consult a Local Real Estate Expert
With Kerala’s unique landscape and local rules, working with a knowledgeable real estate agent is very helpful:
Local Expertise: A real estate agent with experience in waterfront properties will give you insights on locations, legal needs, and maintenance tips.
Negotiation Support: A local expert can help with price negotiation, ensuring you get a good deal on your dream property.
Conclusion
Waterfront properties in Kerala offer a wonderful lifestyle, mixing nature's beauty with the calm of water. While they come with some considerations, like legal clearances and maintenance needs, the benefits are great. With Kerala’s real estate market growing, especially in waterfront areas, buying a property here could be both a lifestyle upgrade and a smart financial choice. Partner with Bhadra Griham to find the best waterfront properties Kerala has to offer and make a smart choice for your ideal property in God’s Own Country.