Foreclosed and Distressed Investment Properties in Uruguay
Uruguay is a relatively small country located in South America in terms of land-mass when compared to countries such as Brazil or Argetina that cover significant areas in the South American continent.
Uruguay is bordered by Brazil to the north, Argentina to the west, and The Atlantic Ocean to the east, and the capital of Uruguay is Montevideo, which is world famous coastal city located on the Río de la Plata.
Popular areas of Uruguay 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.