Foreclosed and Distressed Investment Properties in Peru
Peru, siutated on the western coast of South America is bordered by Ecuador and Colombia to the north, Brazil to the east, Bolivia to the southeast, Chile to the south and The Pacific Ocean to the west.
Lima is the capital of Peru, and a major economic centre of economic activity Latin America.
Real estate in Peru tends to be cheaper than in many areas of North America and Europe, and offers potential for investors looking for opportunities, and private buyers seeking personal use property.
Popular areas of Peru 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.
