Foreclosed and Distressed Investment Properties in Madagascar

Madagascar is becoming a sought-after destination for international property investors looking for unique opportunities in Africa. With its breathtaking landscapes, rich culture, and growing tourism sector, buying a home in Madagascar offers significant investment potential for both residential and rental purposes.

Popular cities and towns attracting overseas buyers include Antananarivo, the capital city known for its vibrant urban lifestyle and modern amenities. Coastal towns such as Nosy Be and Mahajanga are favored for their stunning beaches and growing tourist infrastructure, making them ideal for vacation rentals and long-term property appreciation.

To find the best homes for sale in Madagascar, it is important to consider factors such as location, proximity to essential services, and potential rental yield. Properties near schools, hospitals, and commercial centers typically offer higher demand and value retention. Additionally, beachfront or scenic properties in Nosy Be and Īle Sainte-Marie can provide excellent short-term rental income due to tourism.

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

There are many places to find distressed or foreclosed properties in Madagascar, 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 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.