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Distressed Properties

Firstly may we explain what we mean by ‘distressed properties':

• Properties completed, key ready
• Bank or developers discounted sales
• Never, a property directly repossessed from a private homeowner

If we can paraphrase one of the greatest investors of all time; Warren Buffet, Warren says “buy a great company at a good price” if we can amend that adage to read “buy a great property at a good price”!

Throughout the world the property market is going through what some people refer to as a 'correction', you, like us might say recession! We’ve seen them before, we’ll see them again. One thing history does show us that the savvy investors buy at the bottom of the market. Many pundits believe we are at that point now.

A friend of ours in retailing told us there will never be sales like this winters sales, (just gone by) the reason being, and excuse me if we quote him; “The retailers were caught with their trousers down!” Now this is apt for the property business, right now many banks, investors and financial institutions will want to remove debts from their balance sheets, in a years time these developments would have been sold in bulk, at knockdown prices to ‘vulture funds’ and cash rich investors.

Now before we go any further, we are not qualified to offer any financial advice, and our view, (the same we’ve delivered over the previous seven years ) is invest in a property because you love it –and the lifestyle it offers you, and your loved ones.

We at Compass Amazing Resorts have secured several exclusive deals direct from the banks and developers; first and foremost we are looking for:

• Amazing Resorts
• Great build quality
• Clean deed & title
• All licences and land ownership registered
• Key ready
• Independent legal advice available
• Target discount of 25% to 40%

Many of the deals rely on bulk purchases; we have the network of partners to be given “first bite of the cherry” on some developments. Many such developments have a fixed time frame, so please register today so we can keep you informed on the best distressed property deals available.

Register today for information on our distressed properties