Vacant land can be a great investment and many’s prefered investing option. Vacant land can be a lot less trouble than purchasing homes for those who are looking to invest in real estate but don’t want to hassle with tenants and more. Many enjoy investing in vacant land as you do not have to keep the land “up to date” or fix any repairs as you would a home or condo. With vacant land for sale, all you have to do is purchase it and let it sit.
Vacant land is also not a competitive investment option. When investing in a home or condo in Las Vegas, Boulder City or Henderson you may have to make competitive offers and if a home has good investment potential, it may drive the price up as many are fighting for the home. You also won’t necessarily have to visit the land if you are an out of state investor. Unlike homes and condos where you get a home inspection to look for structural, plumbing, electrical, and more issues with the home. With vacant land, you can have an inspector test the land to see what minerals or other things that are found in the soil so you can make a well informed purchase.
20 acres of vacant land with valley and mountain views has been listed for sale by Nevada Desert Realty. Located just outside of downtown Searchlight with quick access to US 95 freeway in the 89046 zip code region. This home is listed for $299,000. The terrain of this vacant land is mountain and slope.