Cheap Distressed Tamarindo 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

Apartment Complex with Beach View Ready for you! Location Limon City, Costa Rica Property Type House Bedrooms 4 Bathrooms 4 Price $499,000

Tamarindo, located in Guanacaste province of Costa Rica, is a district of the Santa Cruz canton, and is situated on the coast of Nicoya Peninsula.

Quickly growing from a village into a town, Tamarindo is now a large beach development area in Guanacaste, expanding due to the location becoming a famous surfing and eco-tourism destination for wealthy buyers, digital nomads, investors and expatriates.

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 Tamarindo 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.