Thursday, January 7, 2016

Las Vegas Strip Condos - Tangible Assets - The Name of the Game in 2016!



What a week so far for the stock market! Financial News Analysts say this is the worst first week for a market in 25 years. With the tanking of the Chinese stock market, low oil prices, and the current geo political environment, as people sell off stocks, there may be a renewed focus and shift into tangible assets.

The Nevada & Las Vegas economy is improving.  North Las Vegas announced that Faraday Future Electric Car relocation will be setting up shop there.  

Their new Corvette Inspired Batmobile Type car looks cool......Click Here. Tesla is building a $5 Billion Dollar plant in Reno for its Gigafactory for lithium battery production.

The new AEG/MGM Arena will be opening on the Strip and the Monte Carlo will be re-branded as a new urban epicenter.  That part of the Strip will be home to a new park and a Theater!


And, as usual,  we are in the top ten states for relocation per Forbes 2015 List. Nevada has NO State Income Tax, No Inheritance Tax, No Corporate Tax, No Inventory Tax.

Las Vegas Strip area condos are limited in inventory.  With no new luxury high rise towers under construction or even planned, buildings such as the MANDARIN ORIENTAL in CITYCENTER, VEER TOWERS, VDARA, MGM SIGNATURE, THE MARTIN, and TRUMP and Panorama Towers remain in strong and continual demand. Many luxury units and penthouse condos in the desirable Harmon Corridor area of the Strip especially those in CityCenter are viable commodities for any real estate portfolio. The views below are from a 10th floor corner unit in Panorama Towers #2.

Connect with THE STARK TEAM for all your Las Vegas Condo Needs.  We have been selling Las Vegas High Rises from paper and know our buildings and stacks & views and HOA Dues & what is covered/included in each different tower's Dues, rental policies, rental demand, etc.  We are a wealth of knowledge when it comes to Las Vegas Luxury Condos and Penthouses.

Showings By Appointment: 702 236 8364.