Foreclosed and Distressed Investment Properties in Albania
Albania, located in Southeastern Europe on the Balkan Peninsula, a European Union membership candidate, which when completed would further support property values as the country aligns with EU standards.
Presently tourism in Albania is a major economic driver due to the coastline with the Mediterranean, which is creating strong demand for vacation or holiday rentals long- and short-term.
In focus are locations in Albania such as Sarandė, Vlorė, and Durrės, which all offer sought after views of the Ionian and Adriatic Seas.
Popular areas of Albania with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
Albania, located in Southeastern Europe on the Balkan Peninsula, a European Union membership candidate, which when completed would further support property values as the country aligns with EU standards.
Presently tourism in Albania is a major economic driver due to the coastline with the Mediterranean, which is creating strong demand for vacation or holiday rentals long- and short-term.
In focus are locations in Albania such as Sarandė, Vlorė, and Durrės, which all offer sought after views of the Ionian and Adriatic Seas.
