Foreclosed and Distressed Investment Properties in Bangladesh
Bangladesh, situated on the northern coast of the Bay of Bengalis is a South Asian country that shares borders with India to the west, north, and east, and Myanmar (Burma) to the southeast.
Bangladesh is a fast growing economy in Asia, and rising middle and upper class brackets that are underpinning the demand for luxury real estate, especially in cities such as Dhaka and Chittagong.
Popular Cities and Towns in Bangladesh with International Buyers and Investors:
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.
