Foreclosed and Distressed Investment Properties in The Island and The Quay, Gibraltar
The Island and The Quay are two of the most prestigious residential developments within Ocean Village in Gibraltar, which is a world-class marina complex located on the western side of Gibraltar, facing the Bay of Gibraltar and Spain's coastline.
Both developments are a few minutes' walk from Gibraltar's Main Street shopping district, the Financial Centre, and the international airport.
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.
