Foreclosed and Distressed Investment Properties in Antalya, Turkey
Antalya is the capital of Antalya Province, and a very popular coastal city that is located in southwestern Turkey, situated on the Turkish Riviera on the Mediterranean Sea region.
As global destination, Antalya enjoys 15+ million international visitors each year, resulting in Antalya being one of the world's top tourism cities, which provides for a strong demand in long and short-term rental market place, which includes renting luxury homes and apartments, that in turn leads to high ROI potential for real estate investors.
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.