I have been asking friends for suggestions and I found this place adorable.

It's in Baga -Calangute beach( the most popular place) in Goa. It has not listings on internet but they are reasonable and clean.

I called the owner and emailed him and he will be sending me rates and even property photos. In the mean time I chanced upon this blog which has photos of this Cottage

http://www.wend.ca/journal/post/1081

There is also another place which simply Looks Awesome!!! The drawback is thats it will take me 3 hours of Drive from Panjim(capital city of Goa) to South Goa .

http://www.chattai.co.in/accomodationp.htm

Both these are reasonable and I can manage it. The First one has locational advantage that its near all the famous beaches and close to the train/bus station and even has ATM's nearby.

The second one has regular bus serivce but ATM's are not easy to find since its really secluded.

I will keep searching and lets keep fingers crossed that I do get my 5 days of vacation!!!

*EDITED*

First one is Bloody expensive:( Just got the rates.Let me negotiate