Foreclosed and Distressed Investment Properties in Larvotto, Monaco
Larvotto is a ward that can be found on the eastern edge of Principality of Monaco, and a notable feature of the area is that a seafront boulevard is named Avenue Princesse Grace, and it is seen as a very prestigious address to own a property in Monaco.
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.