For starters, homes for sale in Las Vegas are very affordable. You can purchase a brand new home for a developer on the SW part of town, 10 minutes from the Las Vegas strip starting in the mid 200’s. There are plenty of senior citizens particularly that are retiring in Las Vegas due to the cost of living and the entertainment. In fact, those people who chose to rent an apartment prior to purchasing a home can do so for as little as $700.00 per month.
Many people come from other countries to invest in a Luxury High Rise Condo style living simply because it is affordable. There is an abundance of casinos, an array of restaurants, shopping & an experience of live entertainment like no other. People from all over the world are looking for more than a taste of the action. They actually are looking to own a piece of Las Vegas. For those that do want the privacy, they seek to purchase homes and Luxury homes in guard gated communities. Most of the Luxury communities are located 15-20 minutes away from the strip in all directions. Canyon Gate Country Club, Red Rock, TPC, The Ridges, McDonalds High Ranch & The Willows just to name a few. Lets not of course forget the Lake Las Vegas Resort community.
While there are homes for sale in Las Vegas lets not forget about the tax benefits. Las Vegas is one of 7 stats that do not collect income tax. As a result more businesses migrate here, thus keeping more of the profits, which in turn has financial means to hire more employees, thus fueling the economy. Las Vegas is also known for their desirable climate. Over 300 days a year there is sunshine. Topping it off are the gorgeous scenic mountain views.