Foreclosed and Distressed Investment Properties in Fujairah, UAE
The Emirate of Fujairah UAE, of which capital is Fujairah City, is one of the seven emirates of the United Arab Emirates (UAE).
Fujairah is located on the eastern coast along the Gulf of Oman, not on the Arabian Gulf like Dubai or Abu Dhabi.
It is the only emirate situated entirely on the UAE's eastern side, separated from the rest by the dramatic Hajar Mountains.
About 90 miutes journey away from Dubai Fujairah has borders with Oman, Ras Al Khaimah, and Sharjah, and stands out as this Emirate has mountains, beaches, diving spots, and a quieter lifestyle, amd very green coastline due to higher rainfall.
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.
How to buy, sell or rent properties in United Arab Emirates: