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Central America
Where to Look for Distressed Central America Luxury Properties and Investments
Featured Property:
Gorgeous Sea-View 3 Story Hotel + Penthouse
Location
San Pedro Town, Ambergris Caye
Property Type
Condo
Bedrooms
N/A
Bathrooms
N/A
Price
$1,400,000
Popular areas of the Central America with International Buyers:
Placencia Properties
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
There are many places to find distressed or foreclosed properties in Central America, for examples you can ask a real estate agent to filter for foreclosures or bank-owned (REO) properties.
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.
Popular areas of the Central America with International Buyers:
Placencia Properties
International Property Directory (IPD) Online Since 2003