Foreclosed and Distressed Investment Properties in Bolivia
Bolivia is a landlocked country in the heart of South America, bordered by Brazil to the north and east, Paraguay and Argentina to the south, Chile to the southwest, and Peru to the west.
Major cities in Bolivia include La Paz, Sucre, Santa Cruz de la Sierra and Cochabamba.
Bolivia's tourism sector is expanding, and luxury real estate for sale, investment or to rent out in cities such as Santa Cruz, La Paz, tends to be more affordable than many other luxury property markets in South America.
Popular areas of Bolivia 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.
