Foreclosed and Distressed Investment Properties in Israel
Israel is a country located in the Middle East, on the eastern shore of the Mediterranean Sea, and offers one of the most advanced and diversified economies in the Middle East.
Urban centers such as Tel Aviv, Jerusalem, and Herzliya Pituach have continuous demand for premium housing from wealthy locals, expatriates, and international buyers.
Popular areas of Israel with International Buyers and Investors:
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.