Foreclosed and Distressed Investment Properties in Tivat, Montenegro
Tivat is a coastal town situated in Montenegro, a country in Southeastern Europe, is located along the Adriatic Sea, and one that is becoming more popular with investors and private property buyers.
In the heart of the Bay of Kotor, with its luxury marinas and lifestyle developments, Tivat is becoming an exclusive luxury region in the Balkans, and just a short distance from other popular destinations like Kotor and Budva.
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.