Top Las Vegas Condo Towers For Short-Term Rental Investing
Short-term rental investing is a hot investment strategy right now, especially in popular tourist destinations like Las Vegas. As you might expect, the city does have some short-term rental investment opportunities inside high-profile condo towers, but not as many as you might think. So if you're thinking about investing in a short-term rental space in Sin City, here's a closer look at several Las Vegas condo towers that allow short-term rentals.
Trump Tower Las Vegas
Trump Tower is one of the most iconic towers in Las Vegas, offering stunning views and amenities that can rival any other high-end property. Many short-term-rental-ready condos in Trump Tower Las Vegas are fully furnished and include Sub Zero and Bosch stainless steel appliances, custom cabinetry, and open hotel-room-style layouts with plenty of space to maneauver. Beyond well-appointed rooms, though, guests enjoy a litany of amenities, including a fitness center, spa, seventh floor pool, and signature DJT restaurant and bar. Trump Tower Las Vegas gets a lot of attention from travelers thanks to name recognition alone, making it a smart investment option if you're looking to capitalize on the city's booming tourism industry.
This next property is one of the most sought-after in all of Las Vegas for both short-term and long-term stays. Managed by MGM Resorts, it goes above the conventional offerings of other high-end properties with five-star amenities like a pool, lounge, rooftop deck and cafe, meeting rooms, fitness center and cocktail bar. But these luxuries aren't afforded at the cost of privacy; owned units in the building are limited and professionally managed by a separate real estate entity, which means renters can enjoy all the perks of hotel living while still having a sense of exclusivity. As a bonus, you'll never have to worry about smoking or casino noise complaints, as Vdara in Las Vegas is completely free of both smoking and casino spaces.
Signature at MGM Grand
Built in 2006, this Airbnb-approved highrise is an easy choice for first-time real estate investors. Signature at MGM Grand is part of a much larger resort of the same name and combines the seclusion of private condo living and luxurious hotel features in one package. Studio-style units come outfitted with stainless steel appliances, granite countertops, entertainment centers, and Jacuzzi tubs. Many can fit up to four people, making it an ideal choice for travel groups of all sizes. Amenities available on site include three private heated pools, spas and cabanas - plus the countless attractions right next-door.
Modern, sleek, and luxurious, this condo's design is just one of many selling points you'll have upon listing it on Airbnb. The high-rise is known as the Palms Place Hotel, but it is also home to a number of highly attractive condo units that make for the perfect short-term rental investment in Las Vegas. These spaces range in size and style, with some offering as many as three bathrooms and two balconies. They tout gorgeous Red Rock Mountain views and partial Las Vegas Strip views, merging the best of both worlds. Most suites come fully furnished, complete with floor-to-ceiling windows and hardwood floors. On-site amenities include a contemporary 50,000-square-foot pool, waterfalls, and stone gardens. Condos at Palms Place are accessible via a private elevator that only services higher-floor units, ensuring guests of your short-term rental enjoy a private experience above what they would get with a traditional room.
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