Foreclosed and Distressed Investment Properties in Venezuela
Venezuela, located in the northern area of the South American continent, is bordered by Colombia to the west, Brazil to the south, Guyana to the east and The Caribbean Sea which is to the north.
The capital city of Venezuela is the world famous Caracas, and as a country it is known for having a tropical climate, its sought after Caribbean coastline, and the large oil reserves that help drive the Venezuelan economy.
If looking to invest in real estate in Venezuela, or purchase property for personal use, there are many options on where to invest in residential or luxury real estate in Venezuela.
Popular areas of Venezuela 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.
