Foreclosed and Distressed Investment Properties in Sheikh Zayed, Egypt
Sheikh Zayed City is located roughly 20 kilometers, or 12 miles, west of central Cairo, and located next to the 6th of October City, which all forms Greater Cairo's western urban development expansion.
Sheikh Zayed is thought to be one of Egypt's most sought after areas, for both real estate investment, and buyers purchasing luxury properties for personal use near old Cairo.
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.
