Las Vegas High Rise Condominiums
Wow! Las Vegas High-Rises! High rise condominiums in Las Vegas are world-famous and in demand. There are currently 15 separate tower developments of high rise condos on the Las Vegas Strip. 15 years ago there were none.
Most owners agree that no other place in the world compares to owning a Las Vegas high rise condominium on The Strip. High-rises are available in The Financial District, by UNLV, and on the west side in Downtown Summerlin Las Vegas.
High-rise condominiums in Las Vegas are the perfect housing choice for people who want to be close to the action. Owning a no-maintenance high-rise condominium in Las Vegas gives the owner freedom with a “Lock and Leave” lifestyle. These towers are extremely secure. But, is a luxury high-rise condominium right for you?
Mid-Rise Condominiums In Las Vegas
Mid-rise lofts and condos are scattered around the valley. Downtown Las Vegas has 6 midrise condominium and loft buildings. Lake Las Vegas has Medeterrian-style condominiums over the lake. Summerlin is ever-changing but has more than 5.
Henderson’s District boasts mid-rise condominiums above their storefronts. The south part of the Strip has a few popular mid-rise condos to choose from in fabulous locations. Full-time residents sometimes prefer off-strip mid-rise tower properties that are only 5-10 minutes to the Las Vegas Strip.
Las Vegas, NV High Rise Condos
The Las Vegas, NV 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. And, there’s a lot to be said about staying in a home away from home when visiting Las Vegas.
There is also a high demand from the second home, snowbird community for a high-rise condo. With over 300 sunny days a year, diversified entertainment, and guaranteed visits from friends and family, Las Vegas attracts snowbirds. We’ve shown many high-rise condominiums on the Las Vegas Strip purchased for family and friend get-togethers.
Frequent flights and inexpensive airfares, make the Las Vegas Strip a great place to spend vacations and holidays. Everyone loves the diverse entertainment options. What is your reason to investigate this lifestyle?
Luxury high-rise condominiums on the Las Vegas Strip range in price from the low $300,000 to many millions. As one would expect, luxury high-rise condominium towers on the Strip are ALL elegant and beautiful with world-class amenities. Height, size, and view are the 3 main factors of pricing.
A view of the Strip’s city lights and resorts adds a remarkable ambiance to any unit. A Strip view is marvelous, but Las Vegas has many great views.
Depending on your tower and your condominium’s location, you’ll see city lights, red-rock mountains, golf courses, resorts, or arenas.
With such a variety of views, you may want a view that doesn’t have the highest premium. A sprawling city and mountain view as opposed to a Strip view is also stunning. 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 anywhere 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. A high-rise condominium in Las Vegas is definitely “the high life.”
Hotel Condominium Rental Investments
CCR’s in some buildings are very strict and strongly enforced. To protect every residents’ safety and be unbiased towards anyone, CCR’s are strictly enforced. All pre-determined rules are strictly adhered to and some towers include “in-person” guest registration.
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 high-rise towers that allow their condominiums to be short-term rental investments.
If you’re a Las Vegas high-rise condo rental, ask yourself if you want an investment or private residence. The second thing, determine if you want to live in the building part-time. You might want to stay sometimes or rent your unit out when you are not in residence. This makes a difference as to which condominium towers to consider.
Las Vegas High Rise Rentals
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.
Access includes 24-hour access to most of their hotel amenities. Trump International Las Vegas and Platinum Condominiums are the only high-rises Condo-Tels without direct access to a hotel. They both have many hotel and casino properties near-by.
In these buildings, management provides renters, charging premium rents for special occasions. There is a rental pool that your residence is entered into. It usually won’t be rented every night. You are also allowed to rent the property yourself.
Management handles 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.
What can make a condo-tel a great investment is when rents are high. The end of October had a Raiders game, a VGK game, the Electric Daisy Festival for 3 days, and other events happening, An average hotel room started at $400.
High Rise Condominium Rentals
The NFL Draft in 2020 that will now be in 2022, rooms started at $600. Large conventions are the same thing. Consult an accountant for a list of tax benefits. Our understanding is that management provides you with accounting and you can stay any time you want.
Las Vegas luxury high-rise Condo-Tels for sale right now are in demand. Pandemic vacancy and personal reasons had some sellers motivated to sell their units. Prices have not sky-rocketed since 2020 compared to other housing appreciation. A condo-tel needs a cash buyer, private money or owner financing.
Call us for more information and to visit some of these amazing high-rises and condo towers. The experience of living on the Strip is high-energy and unique. Would you enjoy it? Would your family or employees? There are other condominium options in the Las Vegas Valley.
Other Las Vegas Condo Options
Luxury High Rise Towers on the Las Vegas Strip for sale can cost up to $15M.There are high-rise, mid-rise, and condominiums and townhouses off of the Las Vegas Strip for sale too.
Be sure to check out mid-rise lofts and condominiums located in Downtown Las Vegas, Las Blvd. South, Summerlin, Henderson, and Lake Las Vegas. Downtown lofts attract many millennial homeowners. Downtown and walking everywhere is an appealing option.
There are stylish mid-rise condominium developments that cost less money than Strip properties 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 luxury high-rise towers- 702-750-7599.
Las Vegas High Rise Condominiums
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Other Luxury Housing Options
A golf villa mid-rise condominium on a golf course, or maybe a newer luxury guard-gated community, in a master-planned community, might be the right lifestyle for you instead. Link to those information pages below. Are you 55+? Retirement living in Las Vegas can be extremely social and fun.
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.
Las Vegas is full of wonderful high-rises, homes, and multi-family buildings. Our “over 50 years of combined top-producing Las Vegas Realtor experience” provides you with knowledge you cannot find elsewhere. Let each of us give you our points of view about Las Vegas, North Las Vegas, and Henderson housing. Call and Ask!
We Sell Las Vegas, Henderson, and North Las Vegas
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 (PE, CE) 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.