Condo in Las Vegas

With approximately 100 condo projects in different stages of development, ranging from plans on paper to maybe a dozen or more that are actually under construction, the Las Vegas Real Estate market looks even more competitive than does the booming U.S. market as a whole.

The builders and developers in Las Vegas aim to tap top investors and second-home buyers scrambling for a piece of the action in this prime southwest getaway location.

Las Vegas Condos, Townhouses, Lofts and Penthouses are the newest trend in urban Las Vegas living. Las Vegas is now setting the new 'standard of excellence' for the finest available luxury & style for condos, townhomes, lofts and penthouses anywhere in the world. These new designs incorporate the most up to date and modern conveniences, amenities and 'pure class' ambiance that can be found anywhere. And, they are being designed, built and marketed by some of the biggest names in the industry. It's all happening right here is the City of Las Vegas, and only minutes from the world famous Hotels and Casinos.

What's with the new high-rise concept, you ask?
First of all this is not really brand new to Vegas.it has been happening slowly since the 1970s, but not on the scale of what is happening today and being planned for the future. With the many limitations on the amount of land that can now be developed in the Las Vegas Valley, many developers are beginning to build up instead of out. And the list consists of some very famous builders and developers that have been around the Las Vegas area for many decades.

There are approximately 100 or so, new Las Vegas high-rise condo projects in preconstruction, construction, or somewhere in the planning stages at the present time, with many more on the way. These projects will feature unbelievable and fabulous amenities like on-site gyms and work out facilities, complete conference centers, valet services, maid services, spas, gourmet dining, chic shops, pools, and other fabulous amenities and conveniences, and some will sport their own 'in-house' Casino.

There are two different kinds of high/mid rise condos in the process:

Residential Las Vegas Condos :
This Las Vegas condo is for long-term living, or used as a second home. The residential condo units in most of the projects will be designed for those who want to make Las Vegas their primary residence, or have for a second home.

The Las Vegas Condo-Hotels for short stays or short term rentals:
The Condo-Hotel type units can also be purchased for long or short-term living, however, they are being designed more to be used as rentals when the owner is not using the unit. The management will rent out the unit for you and will handle all management operations, including cleaning, etc. The usual management fee for this service is a percentage of the rental fee, or approximately 50% in most cases.

Projected prices will range anywhere from $400,000.00 for a smaller unit to the upper $$Millions for larger units (penthouses with over 6000 sq. ft. etc.). Most of the units will have fantastic views; however, many of the higher end units will have unbelievable views of the city and mountains.

Another concept that is taking place here in Las Vegas are the existing luxury apartment conversions which are providing many of the lower end home buyer, and the first time home buyers with affordable alternatives to the single family home, or to the higher priced new condos. Prices start at approximately $150,000.00 and up and go to over $300,000.00 for these beautiful conversions. The prices will mainly be based on age, size and location. It's a great way to get a 'piece of the action' in the booming Las Vegas real estate market.

Keep in mind that many of these new High Rise Condo Projects will also feature their own 'in house' Casinos. The following are just some of the High Rise Condo Projects that are in the planning, or construction process in the City of Las Vegas:

• Turnberry Place is located in the heart of the city, minutes from the airport, near many of the must see attractions. Premier shopping, dining and entertainment is nearby.
• Park Avenue has a spectacular location and gives you the best of both worlds. You can choose: from breathtaking nature or 'fast nightlife'. Conveniently located within five miles of McCarran International Airport and the heart of the Las Vegas Strip, this 24-hour guard-gated condo community consists of 20 residential buildings.
• Liberty Towers will be located on the Las Vegas strip. The single high-rise tower will be 20 stories with a 132 condominiums. These high-rise condos will come with gourmet kitchens and with your choice of finishes and the latest in appliances and modern amenities.
• MGM Residences at MGM Grand Las Vegas is located on over 22 acres on the MGM Grand Hotel and Casino site. The first 40 story tower will be completed first and will offer all the comforts of living at the MGM Grand. All the most modern and convenient amenities are yours in these high-rise condos.
• Newport Lofts will be 22 stories and will feature 168 units, all of which will be located above the 7th floor. Located downtown Las Vegas.
• The Platinum luxury condominium resort hotel offers fabulous views of the strip and neighboring mountains. Located on Flamingo Road just off the strip and just one block from Bellagio and Caesars Palace.
• Soho Lofts are located downtown (at the end of the Las Vegas Strip) The Soho Lofts will give you freeway access and is close to the airport. Great entertainment, shopping and dining are just minutes away, in any direction.
• Loft 5 residences range from multilevel lofts with high ceilings and private terraces, to luxury penthouse lofts with private sky decks. Very high end amenities and wonderful views.
• Park Towers are t wo incredible high-rise towers of prestige focused on easy living with the greatest security available. Park Towers is located in the Hughes Center overlooking the Las Vegas Strip.
• Metropolis is overlooking the Wynn Las Vegas Golf Course. These are the first high rise condos project that will have loft style floor plans. Turn of the Century Art Deco design, lots of stainless steel and neon lights for these lofts and flats. Presenting a contemporary luxury high-rise that reconsiders the very notion of what a residence can be. Combining sophisticated modern living environments with imaginative social and recreational spaces, world-class shopping and dining, as well as a host of superlative amenities and services, Sky Las VegasT is set to redefine the concept of modern urban living in America's fastest growing metropolitan area.
• Vegas Grand is located at the corner of Flamingo and Swenson, just minutes from the famous Las Vegas Strip. These are mid rise condos featuring the most exquisite of amenities.
• Sky Las Vegas are luxury high rise condos and located on Las Vegas Blvd., otherwise known as the 'strip'. A great view in the middle of everything that Vegas has to offer. Centered by a magnificent 44-story tower sculpted in a striking blue glass, Sky Las VegasT offers discriminating buyers their own personal window to the stunning and spectacular views of Las Vegas; from the glittering neon lights of the Strip to the majesty of the surrounding mountains.
• Panorama Towers will be luxury high-rise condos and will be located just 1/4 mile from the Las Vegas strip with sweeping views of the Las Vegas skyline and surrounding mountains.
• One Las Vegas will be located on at the south end of the Las Vegas strip, and among the finest restaurants and shopping in Las Vegas. Located within 10 minutes of McCarran airport. Resort style pools, a health and fitness club, valet, guard-gated.
• The Cosmopolitan Resort & Casino will create a whole new standard of living in Las Vegas. The complex will have 2,000 luxury condominium units. 75,000 square-foot full-service casino. 1,000 hotel rooms. Over 150,000 square feet of integrated business, convention and conference space available for meetings or special functions and much much more.
• Stanhiwill redefines downtown living with super luxurious accommodations including a full time concierge service. A world-renowned spa and health club, nothing will come closer to full-time hotel-style living.
• Boca Ratonis a seven-story building w/underground parking located at the South End of the Las Vegas Strip. 24 Hour Guard gated, fully equipped Clubhouse which includes Spa, Steam Room, fitness room, business center with computer access, theater with 15 person seating, meeting rooms, dining areas, warming kitchen, and a self-service coffee area. This place has it all and all in pure luxury too. Units range from 593 sf. to over 2,400 sf.
• Trump Tower Construction on Donald Trump's first Las Vegas project a 64-Story tower located on Las Vegas Boulevard behind the New Frontier -- across from the Fashion Show mall and Wynn Resorts is well underway. The tower will include 880 studio units, 352 one-bedroom models and 50 deluxe penthouse suites of one, two and three bedrooms on floors 60-64.
• Allure Las Vegas is an extraordinary community for living well. Two 40-story high-rise condominium towers of contemporary beauty overlooking the world famous Las Vegas Strip. It promises to set a new standard for upscale urban living in Las Vegas .
• Turnberry Towers will include two 45-story towers with one-, two- and three bedroom residences. Turnberry Towers is located just a few miles from McCarran International Airport and near the city's best shopping and dining.
• Pinnacle is two 36-story towers rise more than 400 feet into the air. Unbelievable views of the city and mountains are right here. 1-3 bedroom units with multiple floor plans, also penthouses, poolside bungalows are available.
• Sullivan Square, Las Vegas is the newest urban type community. A 1.5 acre Central Park providing the residents serenity and calm in the center of the Most Happening City of Las Vegas.
• 17th and Vine Downtown Lifestyle. Uptown Amenities. A whole new concept of modern living in Vegas. Schools, libraries and all the other facilities Las Vegas has for families is close by. Freeway close, and close to downtown and the strip.
• Promenada at Rainbow is just ten minutes from the world famous Las Vegas Strip and McCarran International Airport. It offers upscale living at its best, restricted access and parking offers the ultimate in safety and security. Plans ranging from 828 to 1,478 square feet.
• VERGE , Downtown Uptown Living Downtown Vegas! VERGE'S location is walking distance to all the action. 296 residences built into a community that offers the latest in modern living, state-of-the-art architecture and design. There are 39 impressive floor plans starting at $149,900, including studios, one, two, three bedroom condominiums and spectacular lofts with 23-foot ceilings. Many residences have floor to ceiling views of Downtown Las Vegas, The Strip, the valley, surrounding mountains and atrium courtyards; affordable.
• Bella Venezia at Vegas Grand 11 Designer Home Plans from 650 sf to over 2100 sf. Ranging from the low $300k's almost $1 Million. The famous Las Vegas Strip is just steps from your luxury condominium residence. At Vegas Grand.. Offering luxury residences with open floor plans, high voulted ceilings, oversized terraces and private balconies, where careful attention is paid to every detail. Luxury at its best.
• MGM City Center MGM Mirage's $7 billion Project City Center is proceeding quickly. Pre sales are available now. This is going to be one of the finest, without a doubt.
• Streamline Tower Downtown Vegas at its best. Located in the middle of a $13 Million downtown renovation. 21 stories with 275 luxury condos that are one, two and three bedroom floor plans and all modern amenities.
• Queensridge Place Beautifully designed units of distinctive architecture and style. These units offer wonderful amenities. This project is close to everything, great shopping, entertainment, elegant dining, fast food too, golf and casinos.
• C2 Lofts Condominiums under construction in West Las Vegas. The loft's will offer wonderful views of the strip and city. Residences will consist of 100 residential lofts configured in two, five-story buildings that offer eight different floor plans. Units will range from 1,400 to more than 2,800 square feet.

For assistance in selling or purchasing real estate in the Clark County Nevada, contact a realtor at RE/MAX Preferred in Las Vegas for all real estate needs, whether it be a single family home, condo, townhouse or land, there is a Las Vegas Realtor associate who specializes in Las Vegas Real Estate.

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