Repossession Investments - find investment listings in Portugal

Bank Repossessions

Bank reposessions are properties bought directly, from an agent, or at an auction from a lender who has foreclosed on a property over which they held a mortgage.

The bank does not usually want to retain ownership of the property for any length of time, so it can be possible to pick up a real below-market-value bargain when buying a repossessed property.

In over-supplied markets where there is a glut of similar properties, it can take a long time for prices to recover, so you may need to take a long term view with this kind of opportunity.

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T2 Torres Forum Madeira Invest From: £23,521 Sao Martinho, Funchal, Madeira, Portugal

Real Estate undertaking with unique and privileged location only a few minutes from many famous places in Funchal such as the Lido promenade and pool complexes Praia Formosa Fórum Madeira CR7 Museum Casino of Madeira and others.

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