Goa
The real estate market in Morjim is currently defined by its premium positioning, with average property rates holding steady at ₹22,950 per sq ft. Price trends show a dynamic path, with recent quarters demonstrating a clear rebound in valuation after a slight dip late last year. The rental landscape across the surrounding regions maintains a consistent benchmark, with various nearby hubs reflecting stable demand for quality living spaces. This consolidation of value and growth indicates a mature market that continues to attract discerning buyers looking for long-term residential assets.
As of Jun 2026, the average asking price in Morjim is ₹22,950 per sq ft. This figure reflects an appreciation of 1.99% compared to the previous quarter, indicating a steady demand for premium residential villa properties in this coastal locality.
Property prices in Morjim have shown a fluctuating trajectory, with the average asking price moving from ₹21,900 per sq ft in Sep 2025 to ₹25,150 per sq ft in Dec 2025, followed by a correction to ₹22,500 per sq ft in Mar 2026, and finally reaching ₹22,950 per sq ft as of Jun 2026. This movement suggests a dynamic market where pricing is sensitive to inventory availability and buyer interest in the villa segment.
Morjim, with its average asking price of ₹22,950 per sq ft, sits among the higher-priced localities in the region. For comparison, nearby areas include Assagao at ₹25,400 per sq ft (which saw a depreciation of 3.05% from its previous period), Anjuna at ₹22,400 per sq ft (appreciating by 15.74%), and Parra at ₹19,900 per sq ft (appreciating by 6.73%). These variations highlight how proximity to specific coastal amenities and the type of development—such as luxury villas—influence local valuation.
The residential market in Morjim is predominantly focused on villas, which command an average asking price of ₹22,950 per sq ft as of Jun 2026. This average price for villas has appreciated by 1.99% compared to the prior period, underscoring the locality's positioning as a premium destination for villa-style living.
While Morjim itself does not have a reported average rental rate, neighbouring areas provide a benchmark for rental income potential. As of Jun 2026, Siolim maintains a stable rental rate of ₹50 per sq ft with 0% change, while other nearby markets like Mapusa at ₹50 per sq ft have seen a depreciation of 12.9% from the previous period. Similarly, Porvorim and Dona Paula also report rental rates of ₹50 per sq ft, with respective depreciations of 2.86% and 19.61% over the same timeframe, suggesting a softening rental market in these specific surrounding zones.
