Buying Mortgaged Property in Monopoly : Mastering the Art of Real Estate Strategy




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Buying Mortgaged Property in Monopoly

Monopoly is a popular board game that has been entertaining families and friends for decades. It’s a game of strategy and luck, where players buy and sell properties to build their real estate empires. One interesting aspect of the game is the ability to buy mortgaged properties. Let’s dive into this topic and see what it entails.

What is a Mortgaged Property?

In Monopoly, when a player lands on a property they can choose to buy it if it is unowned. However, if the property is already owned by another player and has been mortgaged, the player landing on it has the opportunity to purchase the property from the bank.

A mortgaged property has a mortgage value, which is typically half of the property’s purchase price. When a player mortgages a property, they receive the mortgage value in cash from the bank. The property is then marked with a mortgage deed, indicating that it is mortgaged.

Buying a Mortgaged Property

Buying a mortgaged property in Monopoly can be a strategic move to expand your real estate portfolio. When a player lands on a mortgaged property, they have the option to buy it from the bank by paying the mortgage value plus a 10% interest fee.

For example, if the mortgage value of a property is $100, the player will need to pay $110 to buy it from the bank. The interest fee serves as compensation to the player who originally mortgaged the property.

Buying a mortgaged property can be a smart move if the property is strategically located or complements your existing properties. It can also prevent other players from acquiring the property at a later time.

Benefits of Buying a Mortgaged Property

There are several benefits to buying a mortgaged property in Monopoly:

  1. Financial Gain: By purchasing a mortgaged property, you can take advantage of the 10% interest fee paid by the player who originally mortgaged it. This can provide a financial boost to your game strategy.
  2. Expansion Opportunities: Buying a mortgaged property allows you to expand your real estate holdings and potentially form monopolies, which can increase your rental income.
  3. Strategic Advantage: When you buy a mortgaged property, you gain control over its future. You can choose to lift the mortgage and collect rent from other players landing on the property or keep it mortgaged to hinder your opponents’ progress.
  4. Preventing Opponent Growth: Buying a mortgaged property prevents other players from acquiring it and using it to build their own monopolies. This can give you an edge in the game and limit your opponents’ opportunities.

Considerations when Buying a Mortgaged Property

While buying a mortgaged property can be advantageous, there are a few points to consider:

  • Resource Allocation: Purchasing a mortgaged property requires allocating your resources effectively. Make sure you have sufficient funds to cover the purchase price and interest fee without jeopardizing your overall game strategy.
  • Property Evaluation: Assess the value of the mortgaged property in relation to your current holdings. Determine if it aligns with your overall investment strategy or if it may divert your focus away from your existing monopolies.
  • Future Financial Commitments: Acquiring a mortgaged property means you will assume the responsibility of lifting the mortgage. Ensure you have the financial means to unmortgage the property and maximize your return on investment.
  • Game Progress: Evaluate the stage of the game and the potential benefits of purchasing a mortgaged property at that specific moment. Consider the potential rent income, the likelihood of other players landing on the property, and your overall game position.

Frequently Asked Questions For Buying Mortgaged Property In Monopoly : Mastering The Art Of Real Estate Strategy

How Can I Buy Mortgaged Property In Monopoly?

To buy a mortgaged property in Monopoly, pay the mortgage value to the bank and receive the title deed.

What Happens If I Don’t Pay The Mortgage On A Property In Monopoly?

If you don’t pay the mortgage on a property in Monopoly, it remains mortgaged and you cannot collect rent until the mortgage is paid.

Can I Buy Mortgaged Properties From Other Players In Monopoly?

Yes, you can buy mortgaged properties from other players in Monopoly. You’ll need to pay the mortgage value plus any negotiated price they set.

Can I Collect Rent On A Mortgaged Property In Monopoly?

No, you cannot collect rent on a mortgaged property in Monopoly. The property must be unmortgaged for rent collection to occur.


Buying mortgaged properties in Monopoly can be a strategic move to gain a financial advantage, expand your real estate empire, and hinder your opponents’ progress. However, careful evaluation and consideration of various factors are essential when deciding to buy a mortgaged property. With a well-thought-out game strategy, buying mortgaged properties can significantly enhance your chances of emerging victorious in the game of Monopoly.

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