Real Estate portfolio manager and investor Igor Purlantov is once again predicting Las Vegas, Nevada, among others, to be a ‘hot market.’ He has spent time reviewing the specs, trends, numbers, and activity, and Igor Purlantov believes he has found a market ready to peak.

Igor Purlantov has an impressive history of success in real estate markets all over the world, with some of his best results coming from previous investments in Las Vegas during the 2000s. With Igor Purlantov’s success has come a variety of awards and accolades. A particularly memorable year for Igor Purlantov came in 2011. He was given a CIS International Entrepreneurship award, listed as one of the AIM Top 100 Balkan Portfolio Managers, named to the Balkan 40 Under 40, and listed, for the second year in a row, as one of AIM’s Top 200 Fund Managers.

Since the turn of the century, Igor Purlantov has been involved with quite a few business associations and organizations, including the CIS Asset Manager Association, the Eastern European Fund Managers Association, and the Bulgarian Association of Asset Managers.

“I have a lot of experience in a variety of different markets, and unprecedented success in the Vegas market,” said Igor Purlantov. “I am now predicting that Las Vegas is a good place to invest in real estate again,” he continued. Igor Purlantov co-managed a Las Vegas real estate portfolio from 2001-2007 that grew by 500% over the years.

Igor Purlantov points out that prices have already hit rock bottom in Vegas and will only continue to rise in the coming months and years. Some of his research has shown that properties are selling for less than replacement cost in certain areas. Igor Purlantov attributes a rise in demand to retirees, foreign purchasers, and people moving there for the climate, lifestyle, and entertainment. “It’s the perfect storm for a hot market in Vegas,” he said.

Other cities that Igor Purlantov sees as good investments in the coming year are Miami and Phoenix. These hot climate cities were real estate hotbeds before the collapse, and Igor Purlantov believes they will surpass their previous peaks in the coming years. “They are really looking good, and I’m advising everyone around me to get in while the prices are good,” said Igor Purlantov.