Cheap Distressed Los Sueños Costa Rica Property For Sale
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Costa Rica Featured Listing
House for sale in Atenas, Costa Rica
Location
Atenas, Alajuela
Property Type
House
Bedrooms
7
Bathrooms
6
Price
$1,700,000
Los Sueños, is a luxury resort and marina located near Herradura on the Pacific coast of Costa Rica and is also close to Jacó. The resort is situated on 1,100 acres, nestled between the Pacific Ocean and a tropical rainforest.
It's known for its blend of luxury, nature, and adventure, offering a range of amenities and activities for visitors.
There are many places to find distressed or foreclosed properties in Costa Rica, 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 and you may find cheap distressed Los Sueños Costa Rica property for sale with broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
Buying luxury properties in Costa Rica can be a smart move for both investment and personal use, depending on your goals.
Costa Rica offers very favorable property ownership laws where foreign investors and buyers have full property rights, which is not the same as in many other Caribbean and Central American countries.
