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| LAS VEGAS CONDOMINIUMS |
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Las Vegas Condominiums are rapidly becoming some of the most desired places to live and there are approximately 75 new Las Vegas high rise preconstruction condo projects either in development or in a formal planning stage. Most of these are high end condominiums offering such luxurious amenities as on site health club facilities, valet and/or concierge services, maid services, gourmet dining, conference centers and formal resort style pools featuring state of the art designs and amenities. Las Vegas condominiums prices range from the low $400s for a studio up to the millions for a high end luxury penthouse with 3-5K square footage and spectacular views. There are two primary types of condominium developments under construction or built, residential for long term living or “condo hotels” offered strictly for short term rentals. Las Vegas is also experiencing a large number of condominium conversions driven by first time home buyers who are having a difficult time finding affordable homes. As a result of these market trends, condo conversions provide a low cost alternative to single family homes and higher price luxury condominiums, with prices starting in the $100-200K range. |
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