Foreclosed and Distressed Investment Properties in Dubrovnik, Croatia
Dubrovnik, situated near the border with Montenegro, is a historic world renowned coastal city located in southern Croatia, on the Adriatic Sea. Also referred to as the "Pearl of the Adriatic", it is one of the Mediterranean's most beautiful and best-preserved walled cities.
As one of Europe's most visited tourist cities, Dubrovnik receives millions of visitors each year, many of who are high-net-worth travelers. Investors, tapping into the tourism market in particular, and private use buyers look for properties for sale or rent that include luxury villas, sea-view apartments, and historic traditional townhouses.
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.
