Distressed and Foreclosed Properties in Rome, Italy

Looking for distressed or foreclosed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.

Rome is the capital city of Italy, and one of the most visited cities internationall that supports a strong tourism market which in turn supports a healthy luxury real estate rental market. This offers good opportunities for property investors seeking income through short-term or holiday or vacation rentals.

In addition, Rome also attracts high-net-worth individuals looking for luxury properties for sale to use for personal use, investment or at times a mixture of both.

Located in the central-western part of the country, Rome is situated within the Lazio region, and is seen as a hub in Italy for culture, politics, religion, and commerce, and attracts millions of visitors each year, again supporting property investments and capital appreciation.

There are many places to find distressed or foreclosed properties in Rome, Italy, for example 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 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.

If you are in the area you are focussed on, you can drive around neighborhoods looking for vacant properties, and you may find cheap distressed Rome, Italy property for sale with broken windows, or online you may find contacts for attorneys, property managers, and bankruptcy lawyers who may know of distressed or foreclosed real estate in the area.

If looking at Italy as an overseas or foreign investor or buyer into Italian real estate, those who typically invest or purchase at €250,000 which varies according to the area chosen, can obtain Italian residency through the Golden Visa Program, making Italy an attractive gateway to the EU.

Italy offers both stability and opportunity to buyers and investors, as tourism to Italy brings in over 30 million visitors across the mainland and the Italian Isles.

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