Could you grab a bargain home?

 Below market value specialists IPS have compiled a shortlist of the world’s most distressed property markets.

They have warned “although cheap deals may sound attractive, distressed property can be bad news for unwary property investors who might stray off the beaten track into areas that are unlikely to see growth for the next 20 years or so”

However, Portugallooks to be a better bet with IPS suggesting investors go for high-spec coastal properties. Portugal’s cities should be avoided though as the population struggles with austerity measures. Compared to Spainthe gap between supply and demand is less pronounced in Portugalmeaning that when economic conditions improve, property investors could make a nice return by investing in discounted property.

Read more: http://www.thisismoney.co.uk/money/mortgageshome/article-2071640/The-worlds-distressed-property-markets--grab-bargain-house.html#ixzz1g2sKCQA2