Caen is a city in northwestern France, in the region of Normandy, and located on the Orne River, near the English Channel.
Caen can be reached in 2 hours by car or train from Paris, and being part of the attractive Normandy coast has good transport links and sea access, and is a well-known city along the Normandy coast.
The proximity to Paris makes Caen very attractive to buyers looking for French property for investment or perhaps as a second home, who also want efficient transport links making Caen a good option to consider.
There are many places to find distressed or foreclosed properties in Caen, 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 French 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 Caen 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.
Caen generally has a very stable property market and purchasing or selling properties is done in a transparent manner. Caen is well-regulated, with strong legal protections for ownership, and relatively low political risk provides peace of mid to investors and private buyers looking for real estate opportunities.
In sought-after cities and tourist destinations, property values have shown consistent long-term growth-especially in areas with at times limited supply.
Real Estate Agents and Property Developers in France