Las Vegas high rise Condo Hotels and luxury Condominiums
The Las Vegas skyline is changing it seems almost over night. Condo towers and new casino hotels are spring up faster than the dasies in your garden, well almost.
Why is so much vertical construction going on in Las Vegas? Well because people want to live here in a mild climate in the winter and plenty of sunshine year round. The folks accross the ponds (Atlantic & Pacific) have also found a new love and passion for Las Vegas. With Las Vegas evolving at lighting speed into the adult lifestyle City of the 21st Century. Living in Las Vegas will provide you with access to the worlds best services, amenities and shopping. Las Vegas provides a lifestyle like no other place on planet earth.
So you have decided to take a look at what Las Vegas condominiums have to offer you. So where should you begin?
You might start with this little condominium self examination:
Is this condo going to be an investment property or a residence? Of course all real estate is an investment but are you going to live in it or rent it out for income?
Choose an Answer by clicking on it:
a) I want to use it as my primary or secondary (vacation) residence.
b) I want to rent it out full time as an income property.
c) I want to pre-construction reserve a unit and close on it the flip it for profit.
d) I want to use it for a couple of months a year and rent it the rest of the time to help cover its overhead, I'm a snowbird.
e) I want to use it like a hotel and be able to book it when I want to and rent it the rest of the time.
Las Vegas Condominium Market News - Second Quarter 2006
For an explanation of Las Vegas Condos types (click here)
Prudential Americana Group, Realtors®
Max Schmidt P.C. dba Max Schmidt
Broker/Salesman
871 Coronado Center Dr., suite 100
Henderson, Nevada 89052
(702) 334-2200
The information provided above is believed to be true and correct but is not guaranteed or warranted. This site is for informational purposes only and should not be relied upon as the basis for any purchase. This is NOT an offer to sell and this agent is not under contract or in the employment of the developers of the above projects. All pricing was obtained at an earlier date and in general will not be the pricing of the units available at the time of purchase. Any information may change at any time by the developer and may not be included in this information.
The market is booming. The number of projects that are moving forward with construction signals nothing less than a surprise international interest in Las Vegas condos/condominiums as a second home destination. Not all of the mid-rise and High rise units are geared for the part time resident. Many of the projects are designed for full time condo residency with the addition of on property shopping, an eye towards currently developing mass-transit, and cultural enrichment. Las Vegas is like no other city in the world for pure lifestyle. Becoming a full time resident can provide tax benefits and an opportunity to work in an truly vibrant economy.
There is no bubble in the Las Vegas real estate market as some foolish reporters have written. The small dip (January 2006) in the average price of a home is due to conversions that are taking one and two bedroom apartment complexes and turning them into affordable housing by selling them as condos. These older projects sell as new homes because they have never been titled at the County Assessors office as individual properties before. If you add many thousands of the low priced unit sales into the equation of the increasing single family residences the result is a lower average selling price that makes it look like Las Vegas real estate is going down in value when in fact it is going up!
I hope you enjoy your look at Las Vegas High-rise condos.
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