People invest money in buying shares of companies; others keep it in fixed deposits in banks to earn interest, but today investing in real estate makes much better sense as the returns on investment are higher than in other forms. Goa is known for its exotic beauty and easy access, not only from India but also from other countries and it has become a hot spot for real estate investment, whether commercial or residential.Good Income from Letting out PropertiesGoa has had a colonial past when it was ruled by the Portuguese and this has left an indelible mark on its culture which is a mixture of Indian and European. Your real estate investment can earn you a generous income if you let out your property for commercial or residential purpose. As tourist flock to this area throughout the year you need not worry about any slack season.The other way of making fast money from your property is to fully involve yourself in real estate trading. When you are trading you must have perfect knowledge about the prices of properties which are highly undervalued or are very highly priced. You may buy the undervalued property and as soon as there is an increase in value that can happen quickly, you can renovate the place and sell it at a higher price.You can invest your money in a real estate investment fund. This is run by a trust corporation that has many investors whose money is invested by the corporation in real estate and the investors are paid dividends, which is exempted from income tax. This becomes a regular income which can be a good source of livelihood for people who have retired.Be a Smart InvestorYou can be a smart investor by taking loan against your savings account, which you have accumulated for retirement and invest the same in real estate because the real estate will gain you more income from which you can pay the interest on the loan and at the same time earn interest on your savings too. The North Goa beaches and also the South Goa Churches are great attractions for tourist and many shopping districts have developed there.You can confirm Goa as a prime city for real estate investment, because it is a popular vacation destination and is well known for its beachfront properties. People come over here not only for vacation but also to involve themselves in some business which is concerned with tourism.