Las Vegas High Rise Condominiums
Wow! Las Vegas High Rises are world-famous and in demand. There are currently 15 Las Vegas High Rise Condominium Developments as part of the Las Vegas Strip because nothing in the world compares to owning a high rise condominium on The Las Vegas Strip. High Rise Condos are also available in The Financial District, by UNLV, and on the west side of town in Summerlin. Downtown Las Vegas has 6 mid-rise developments. Full-time residents often prefer off-strip high rise tower properties that are only 5-10 minutes to the Las Vegas Strip.
A high rise condominium in Las Vegas is the perfect housing choice for people who want to be close to the action and want the freedom of a “Lock and Leave” lifestyle. Is a luxury high rise condominium right for you? Below is information that may make your decisions about High Rise Condominiums, Mid Rise Condominiums, and Lofts in Las Vegas easier.
A home on a golf course, in a newer luxury guard-gated community, or located in a master-planned community, might be the right lifestyle for you instead. Link to those information pages above. Are you 55+? Retirement living in Las Vegas can be extremely social and fun. Since Las Vegas is so unique and diversified, rest assured that our “over 50 years of top-producing Las Vegas Realtor experience” provides you with the knowledge you cannot find elsewhere. Consequently, each of us can give you information and our points of view about everything Las Vegas and Henderson. Call and Ask!
Las Vegas, NV High Rise Condos
The Las Vegas High Rise Condominium demand is HUGE. Because of entertainment, conventions, businesses, and the tourist industries, many people visit Las Vegas regularly. As a result, investing in Las Vegas High Rise Condos allow many business people the investment benefits as well as the ability to stay in a home away from home when they come to Las Vegas for enjoyment.
There is also a high demand from the second home, snowbird community. With over 300 sunny days a year, diversified entertainment, and guaranteed visits from friends and family, the Las Vegas snowbird lifestyle is highly sought-after. The last two clients we’ve shown high-rise condos to were purchasing them as a location for family get-togethers. Frequent flights and inexpensive airfares as well as unlimited entertainment options make the Las Vegas Strip a great place to spend vacations and holidays. What is your reason to investigate this lifestyle?
Luxury High Rise Condos on the Las Vegas Strip range in price from the high $100,000’s to many millions. As one would expect, luxury condominiums on the Las Vegas Strip are all elegant and beautiful with world-class amenities. Besides stylish decor and the prestige of the tower itself, units are priced according to which floor you’re on and the quality of the view.
Views of The Strip’s city lights featuring so many incredible resorts add a remarkable ambiance to any unit. A Strip view is marvelous, but Las Vegas has many great views. Depending on your tower and your unit’s location, you may see city lights, mountains, golf courses, people, different resorts, or shopping venues.
With such a variety of views to choose from, you may want a view that does not have the highest premium – you may want a sprawling city and mountain view as opposed to a Strip view. I think all the views are great and the most important factor is location. What do you want to live near? Which tower you choose will likely determine your view- and they’re all great! Honestly, you can’t go wrong looking at “The Entertainment Capital of the World.”
You may not know it, but the Las Vegas Country Culb and Golf Course are behind the Wynn Hotel and Casino. City lights sprawl for miles in every direction and mountains surround the valley. Red Rock Canyon is due west, and the new Allegiant Stadium is off the South Strip. Not to be dismissed, views of airplanes and helicopters landing and taking off at McCarran Airport are fabulous! A view of Nellis Air Force Base also offers some interesting flight transportation views. It’s all good!
Fireworks for holidays are usually launched from 10-15 different rooftop locations and the Stratosphere. Because of this, there is no bad place to see them. Las Vegas also features a dazzling Downtown with numerous tall buildings. The city’s excitement and energy combined with the lights of the Las Vegas Strip are a commodity only offered by one place on earth.
Hotel Condominium Rental Investments
CCR’s in some buildings are very strict and strongly enforced. To protect the residents’ safety and be unbiased towards anyone, equal enforcement of the CCRs and all of the pre-determined rules are strictly adhered to. The Home Owner Associations in about 1/3 of the Strip’s Condominium Towers allow short-term rentals. Those are called a Hotel Condominium- a Condo-Tel. There are currently 6 that will allow their condominiums to be rental investments.
If you’re thinking about a luxury Las Vegas High Rise rental, the first thing to decide is if you want to own part of the Las Vegas Strip. The second thing is to determine if you want to live in the building part-time, stay sometimes, or rent your unit out when you are not in residence. This makes a difference as to which buildings to even consider.
All of the condominium towers in Las Vegas are non-gaming properties. However, some are connected to gaming or are a part of a gaming facility. If that’s the case, guests are given direct access to the “parent” hotel and casino. This includes 24-hour access to most of their amenities. Trump and Platinum Condominiums are the only luxury high rises Condo-Tel without direct access to a hotel and casino property- but numerous gaming properties are close.
In these buildings, management provides renters, charging premium rents for special occasions. Management will handle everything from admittance to check-out, accounting, and housekeeping. Of course, on-site management charges a monthly fee and they’ll retain a percentage of the fees charged from every rental facilitated. The good news is that maintenance is included in the HOA fees.
Las Vegas luxury high rise Condo-Tels for sale right now are still in demand. Due to pandemic vacancy and other factors, some sellers are very motivated to sell their units. Prices have not sky-rocketed and some owners will consider OWC financing. Call us for more information and to find properties with owner-will-carry financing. Hotels on the Strip are now open 7 days a week again, many at pre-pandemic room rates.
Other Las Vegas Condo Options
Luxury High Rise Towers on the Las Vegas Strip and in Summerlin can cost up to $10M. However, there are high-rise, mid-rise, and regular condominiums off of the Las Vegas Strip. Be sure to check out mid-rise lofts and condominiums located in Downtown Las Vegas, Las Blvd. South, Summerlin, Henderson, and in Lake Las Vegas. They are stylish mid-rise condominium developments that cost less money in some great areas. Luxury Townhouses and golf villas may be another option for you to consider for your housing needs.
Give us a call, and let us show you some of these elegant homes in the heart of “The Entertainment Capital of the World! All Las Vegas High Rise Condominiums are Shown Only By Appointment. Call or text us with any questions or for an appointment to see some of these luxury high-rise towers- 702-750-7599.
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High Rise Condominiums, Condos, and Townhouses in Las Vegas and Henderson are in high demand whether you’re buying one or renting one. Most properties are shown by appointment so if you see a unit you’d like to see, give Kurt Grosse a call to schedule an appointment. 702-750-7599
This Blog was written by Kurt Grosse, a 25-year Las Vegas Realtor with Realty One Group. Before becoming a Realtor, Kurt was a Nevada Building Engineer (P.E., C.E.) who told builders how to build wood-framed construction buildings and homes. Kurt protects his clients, using his real estate experience, and his building knowledge and skills to protect you and your investment. Call or submit a form in the footer to schedule a housing consultation today.