Potential investment property is selling fast in an upmarket condo project in Las Vegas close to the city’s famous strip.
Representatives said the Signature MGM project, a three-tower scheme close to the famous MGM Grand hotel, was proving a big hit with people looking for luxury Nevada real estate.
Real estate expert Debbie Drummond revealed only a few units are left with one bedroom and adjacent studio sapce.
Boasting both city and mountain views, the homes have balconies and are pre-furnished with appliances and plasma televisions.
There is also a rental programme for people looking for a holiday home and investment property in one.
Ms Drummond said: “The luxury Las Vegas real estate market is still popular because of the sustainable value and luxurious amenities, and some great investment opportunities are available in highly sought after locations.”
The exclusive residence also includes a private owners pool and access to the main pool at the MGM hotel.
Prices are in the $1,300,000 bracket for 1,394 sq ft of the prime real estate and owners also get “VIP treatment” when making reservations for MGM concert tickets.
Las Vegas has emerged as one of America’s most intriguing real estate markets, with a high volume of foreclosed homes and a number of luxury new potential investment property developments which have pushed on despite the credit crunch.
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Vegas has been a great place to invest for the higher end investor for a long time. Its seems resistant to the recent downfall in property prices elsewhere and seems quite a safe bet. Nice place to hava a property too. Expensive though.