Foreclosed and Distressed Investment Properties in Beirut, Lebanon
Beirut is the capital and largest city of Lebanon, and is located on the eastern Mediterranean coast, facing the sea, with the Lebanon Mountains rising dramatically just behind it.
Beirut coastal beauty, the luxury marina areas, and mountain views make it popular for buyers looking for personal use real estate or for investment taping into the tourism property market.
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.
