Lets just get one thing straight. What’s your motive for buying a house in a far away land in the sun. What’s driving you? What deep down urge is giving you the idea that this is actually a good idea. What’s moving you dude? (as the American might say).
A) A desire to be a jet setting jet setter, with property on different continents and an ability to annoy people in the pub.
B) A desire to be a canny investor putting your hard-earned cash where it will earn some easy-earned cash. Buy to let, and maybe sell at juicy profit someday (sooner rather than later).
C) A travel bug that you just can't swat, and a the idea of owning a useful jumping off point in a amicable part of the world - where you can hop bug like in to more dangerous and exotic destinations.
D) Is it the mad desire to do something really mad - like instead of getting on the property ladder with a two bed city flat in Leeds and being a dentist buying a villa in Calangute and taking up guided meditation training.
E) You just don’t want to end your days in suburbia pruning the roses and funding your offspring's mistakes All your mates have gone to the Costa’s and you just want to go a bit further.
F) Maybe you just have the basic human urge to own bricks and mortar - but can’t get the money together to achieve this basic of desires in the UK.
Maybe there are other motivations.
But basically you can do one of two things in Goa - buy very cheap eg a bed-sit on a huge complex, or go up market and low density.
For answers: A,E,D,F - head North Goa - Get a cheap deal but don’t expect earn lots in capital appreciation, and rental lets might be a bit thin in the lower quality developments in years to come however you will have lots of fun and make lots of friends. However you can buy a property you can fund on an average credit card.
For answers B,C and possibly D head South and more up market. Less developed and more controlled means that future values could be much higher - also discerning renters will leave the north to the package holiday crowd and be prepared to pay more for quality.
OK it’s just my opinion and I’m sure there are great developments (seek out Acron for example) in the North of Goa and some doggy in the South - but as a rough rule buy cheap (and low return) from £15,000 in the North and still cheap but more expensive in the South from £50,000 and get a good investment.... Er I think.