Foreclosed and Distressed Investment Properties in Nicaragua
Nicaragua, located in Central America has borders with Honduras to the north, Costa Rica to the south, and benefits from coastlines on both the Pacific Ocean and the Caribbean Sea.
Nicaragua's capital city is Managua, and overall the country is known for its volcanic landscapes, colonial cities, lakes, and a wide range of beautiful beaches.
In Nicaragua the locations that attract most international investors and private buyers include San Juan del Sur, Granada, León, and Corn Islands, which are the area that receive much of the tourism traffic that forms a key part of Nicaragua's economy.
Popular areas of Nicaragua with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
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.
