Las Vegas is one of the most popular cities for people looking to invest in real estate but which are the best buildings for investment condos? Investors are looking for something desirable and easy to rent in order to minimize carrying costs and maximize profit. So we've made it easy by compiling this list of the top 5 condo buildings for investors beginning with the top three which allow short term rentals such as Airbnb.
For Airbnb investors, navigating the licensing process is often one of the biggest challenges. However, for the first two buildings on our list, it isn't necessary.
1. Signature MGM Grand Residences
There are many perks of owning at MGM Grand Signature. The building allows third-party rental companies such as Airbnb but what we love best is that owners are able to take advantage of the resort's impeccable booking system and service staff who take of the guests staying in your condo.
2. Palms Place
Palms Place offers a range of rental options allowing owners to choose which model works for best them. Both MGM and Palms Place offer convenient locations minutes from the Las Vegas Strip.
3. Veer Towers
Veer Towers is a perfect choice for those wanting to be in the middle of the action. The building is located in CityCenter, a desirable location surrounded by luxury hotels, shopping, and dining, with easy access to everything Las Vegas has to offer.
4. One Las Vegas
One Las Vegas, on the South Strip, is selling fast. A combination of affordable luxury and low assessments — especially considering what comparable properties in Las Vegas charge — makes this a highly desirable property. It's just off the strip, it offers a host of amenities, and it has gated, secure grounds.
5. Panorama Towers
Located directly across the I-15 from CityCenter, Panorama Towers soars 45 stories above Las Vegas and boasts incredible views of The Strip. To take advantage if these sweeping views, investors often look for strip facing units above the 24th floor.
For a complete listing and more information about Las Vegas condo buildings please visit our interactive building directory.