Las Vegas: The Strongest Example of Hot Property in the US.

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Las Vegas is leading the house price recovery as annual property gains grew to 31.2% in the year to July 2013 according to recently published data discovered by Select Resorts. This is the first time property gains have surpassed the 30% growth mark since the recovery began.

Veer Towers, Las Vegas

Veer Towers, Las Vegas

There's a real demand for property in Las Vegas - and Veer Towers is an absolutely stunning opportunity.

According to data recently published by Clear Capital, Las Vegas real estate has shown exceptionally strong annual gains of 31.2% and quarterly gains of 4.3% - implying Las Vegas will lead the property market recovery – at least in the short term.

The metro is ranked 35 out of 50 in terms of market value and current low property prices are driving the recovery, as median house prices are around $145,000 in the area.

Purchasers are therefore able to advantage of current low investment prices and benefit from higher gains, without concern of being priced out of the market.

Select Resorts are currently offering for sale a number of exquisite studios, 1 & 2 bedroom apartments which are located at Veer Towers – situated right at the heart of the Las Vegas Strip.

The two towers stand 37 storeys tall, and are the only fully residential buildings on the famous Strip. With entry level studio properties priced from $250,000, the purchases are a lot more affordable than many would expect.

Pauline Bonnani, Select Resorts Managing Director comments on the recovery;

“We’ve found there’s a real demand for property in Las Vegas, and this data demonstrates the strength of the area’s property market. Veer Towers is an absolutely stunning opportunity, and as it offers a leasing program even those that don’t want to live on the strip can benefit from the current property values & benefit from guaranteed returns.”

The country’s steady recovery is being well documented and with residential real estate values across the US increasing at an average of 9.3% over the year, the recovery is taking place at a ‘healthy and sustainable pace’.

Select Resorts are the exclusive European agents of The Veer Towers, therefore if you have any questions or would like further information on this project, please email marketing(at)selectresorts(dot)co(dot)uk.

About Select Resorts
Anyone looking to invest funds into property or land abroad should contact Select Resorts. A well-established company with over 30 years in the industry, the dedicated and passionate team offer the service one would expect from a company giving expert advice on a vast range of international property areas to assist in reaching more profound decisions on purchasing overseas property and land.
The only UK based associate of Savills, Select Resorts investment specialists offer in-depth knowledge and experience to meet the needs of overseas real estate investors.

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Becky Grail
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