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Key selling points
- Only 2% required if you exchange with a deposit bond
- Investors will get 2% cashback, zero net outlay
- Mortgage and managment fees paid until 2013
- 2 years off plan so hassle free investment for 5 years
- No personal or corporate income tax in Nevada
- No VAT or Stamp Duty either
This is your opportunity to invest in one of the world's most dynamic cities. Known the world over for its sizzling nightlife, world-class shopping & dining and opulent resorts, Las Vegas is the most lucrative property investment option on the market today. It is consistently rated amongst the elite in growth and expansion in the USA.
The Spanish Hills project is positioned at the heart of one of the most affluent areas in Las Vegas. It offers wide-open floor plans up to nearly 2,000 square feet, providing plentiful room to spread out. Pound for pound, this is untouchable value compared with prices per square foot you've seen elsewhere.
The UK Pound is enjoying historic strength, trading at a high of over two Dollars during 2007 - the highest it has been in 26 years. The favourable exchange rate makes this an opportune time to purchase property in the US. The time has never been better to take advantage of the historic purchasing strength of Sterling.
Mortgage paid for 3 years!
The developer has agreed to pay the mortgage of your apartment for three years from settlement along with all management fees. You can therefore benefit from three years of capital growth without paying a single dollar. In fact you can collect five years capital growth if you include the two years off plan. This is an outstanding opportunity!
Pay only 2% until 2010! (First 10 investors will get 2% cashback, zero net outlay deal)
A key opportunity for our UK, US, NZ and Australian investors is securing an apartment with a Deposit Bond instead of a 20% cash deposit. This method allows clients to invest in an off-plan development, locking in today's prices and paying only 2% until settlement of the property (in this case 2010). It allows clients to free up their monies that would otherwise have been used as a cash deposit. Please read below for more information on Deposit Bond investing.
Furniture Pack is included!
A high quality furniture pack is included in the price of your unit. A full list of what's included will be available shortly.
Key Investments Points
Deposit Bond Investors - The cost of the deposit bond will be around 2% of the unit price therefore entry costs are minimal. Don't forget you pay only 2% to exchange and nothing else until 2010
- Cash Deposit Investors - 20% cash deposit is required to exchange with nothing else to pay until 2010
- Mortgage and management fees will be paid by the developer for 3 years. Meaning you have a hassle free investment until 2013
- Capital growth focused investment that you will not have to subsidise
- Mixed use community with excellent facilities. Everything you need is within a few minutes walk
- Comparable mixed use developments are priced much higher
- Capital Gains Tax in Nevada is only 15% if you hold your unit for at least 12 months
- No personal income tax
- No corporate income tax
- No VAT
- Freehold units
Point of Difference
The development at Spanish Hills brings all of the exciting amenities of a developed urban core into one convenient, liveable neighbourhood. The location is key for this development, near the heart of this vibrant city. This style of property will attract professional higher-income tenants.
Why you should invest in Las Vegas
- Booming tourism industry - over 39 million visitors per year and over 25 million people live within 500 miles
- Population Growth - over 6,000 new residents each month with a new resident arriving every 6 minutes
- Nevada is predicted to be the fastest growing state in the US for the next 25 years and Las Vegas the fastest growing city in the US
- Between 1985 and 1995 the Las Vegas population grew by 97.6% and is forecast to double to 4 million by 2030
- Job growth & diversification - no longer reliant on the gaming industry
- Lack of available land - By 2013 all available land will be developed and the Bureau for Land Management will not be releasing any more
- Job growth is 4 times the national average - 16,500 jobs created last year in the gaming industry and 13,600 professional and business jobs created last year
- $25 billion being invested in new hotels and casinos over the next 4 years
What was once a tiny watering hole in the middle of an inhospitable desert, Las Vegas has blossomed into a welcoming oasis and one of the fastest-growing cities on the planet. It is truly the "Entertainment Capital of the World."
This metropolitan area has one of the strongest economies in the USA. Where people once came to Las Vegas purely for gambling and lavish cabaret, they now also come for business conventions, along with the climate, amenities and communities being created within the city limits, with their vibrant mix of small businesses, boutiques, fine restaurants and bijou stores.
A number of unique factors have come together in Las Vegas, from a historically steady boom in population to a limited supply of land. These factors continue to push Las Vegas property values up - and to the forefront of the clever investor's portfolio.
Why you should use a Deposit Bond instead of Cash
A Deposit Bond is a substitute for the cash down payment or deposit required when purchasing a property. Below are the main reasons why investors use bonds instead of cash: -
- Reduced cash outlay. Just 1%-2% with a bond compared to 10%-20% with a cash deposit.
- Smart, safe, simple and secure. Guaranteed by QBE Insurance (S & P Rating A+) one of the largest insurers in the world. Approval usually takes 72 hours.
- It allows you to leave your hard earned cash invested until completion.
- No need to raise your deposit through equity release which can be time consuming and costly.
- No need to arrange bridging finance - also costly.
- Don't risk your cash. If a development doesn't proceed we refund your premium.
- The new Deposit Alternative Bond can be used to secure property in the United States, New Zealand and Australia. More countries will be added to this list later this year.
- Investors from the United Kingdom, United States, New Zealand and Australia are eligible for the Deposit Alternative Bond.
Deposit Bonds mean that you won't lose your dream investment when speed is of the essence.
Contact us
We have an administration service, which is designed to assist an overseas investor enter the US market in confidence. You will have access to a lawyer for your conveyancing, a mortgage broker for your finance and an accountant for your yearly tax returns. We assist in every step of the buying and holding process of US property.
DON'T FORGET WE DO NOT CHARGE ANY FEES - NO JOINING FEE, NO ARRANGEMENT FEE, NO FINDERS FEE!!
For more information on this fantastic investment opportunity please click the enquiry link below and we will then email you further information and instructions on how to reserve an apartment with zero net outlay!!
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