After the flood, the property market has become active and auctions are fierce

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After the flood, the property market began to become active, and it was clear at a glance whether all the houses had been flooded.

I was drawn to this house because of its unique design and potential for development. The land offers direct access to the beach, and the backyard is a rocky beach where you can jump right in and swim (though I don't know how). The ocean view from the window is so stunning it looks like a painting.🥰Land area 943 sqm.

The auction was quite intense, with the highest bid reaching $1.5 million. However, it seemed the property wasn't on the market, so the auctioneer placed an auctioneer bid of $1.6 million. Unfortunately, the house passed in.😔

If I were the owner, I would probably first demolish the house and split the land into two titles. Then, I would package the two plots of land into a super-premium wet lot. Then, I would sell it for 900K-1M. That way, it would be easier to sell.

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