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Las Vegas apartments no longer a gamble, now an investment
Roisin Carabine

 


FOR years, the bright lights of Las Vegas, the gambling mecca of the US, has attracted those hoping to get rick quick in its massive lavish casinos. But like moths to a flame many have been burned.

Now those, looking to make a fast buck have switched from gambling and are being turned on by property.

And it's the Irish investor who is the most savvy, hoping to capitalise on the weak Dollar and make it big in bricks and mortar.

For those considering investing in this desert paradise, Savills HOK has just recently launched a number of high-quality apartments at Sullivan Square, one minute from Vegas's main strip, from just $315,000 ( 237,000).

According to Savills HOK Sullivan Square offers purchasers not only a great location but also a sound investment. With a staggering 7,600 people moving to Vegas each month, the city has one of the strongest rental markets in the States.

The brainchild of leading Irish company Harcourt Developments and US firm Glen, Smith & Glen, Sullivan Square is a mixed-use development comprising 1,300 high-spec residential units and 25 shops and services set on 16.5 acres, which draws on urban themes from all over the US.

Buyers can choose from five different living options which include: high-rise condominium towers, Chicagostyle lofts, townhomes, terraced condominiums and live/work spaces.

Savills HOK is selling the "Madison II high rise condominiums" phase of the development which consists of one-bed studios from $315,000 to $578,000; twobed plus den studios from $484,000 to $1.25m and threebed studios from $1,484,500.

For further information contact 01-618 1300.




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