Foreclosed and Distressed Investment Properties in Bangkok, Thailand
Bangkok is located in the central region of the country along the Chao Phraya River, and serves as the capital and largest city of Thailand.
As the political, and economic heart of Thailand, Bangkok is known as a city that blends temples with modern skyscrapers
Plus as a main tourism destination, and multinational corporations, foreign embassies, and retail outlets Bangkok attracts both local and international property investors, as well as high-net-worth buyers looking for luxury real estate for personal use only.
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.