Looking For High Rise Condos in Las Vegas?
If you’re looking to purchase or simply learn more about high rise condominiums in Las Vegas, Nevada – you’ve arrived in the right place. LasVegasCondoHighRise.com is your #1 source for all things related to High Rise living in Las Vegas. We have a regularly updated database of all high-rise condominium developments in all of Las Vegas. Our high-rise database contains floor-plans, pictures, amenities, HOA fees, history and much much more. Real Estate agents can be helpful – but it’s always good to do your own research too!
Since the economic crisis began in 2008, high rise condo prices have fallen upwards of 80%+. Is it a good time to buy? Maybe. Condos in Sky Las Vegas which sold for $800,000+ back in 2007 are selling for $220,000 today – and Sky Las Vegas is located ON the strip! If you’re looking to Invest in Las Vegas property – high rises may very well be your best bet. High-Rise Properties from Allure to Veer Towers are already at an incredibly low price and can be a great investment. While single-family homes in Las Vegas have declined in value too, high rises are located on prime “on-the-strip” real estate – so they are more likely to appreciate at a faster rate.
Many condo units in high rises which have been foreclosed upon are being purchased by investors on the cheap. Banks are looking to sell their repossessed condo inventory and investors are gobbling them up! Many properties are receiving numerous offers at or ABOVE their list prices. If you look at the sales history on properties in Las Vegas, it’s very common to see high-rises close at prices well above their list prices due to huge investor demand at these rock-bottom prices. Despite the great recession being over, High Rise prices haven’t recovered and remain near their all time lows. Single family homes have rebounded strongly, but luxury condos remain depressed, making them a great investment opportunity. The construction of Resort World on the Strip between Fashion Show Mall and Circus Circus will provide a huge boost to Sky Las Vegas, which is nearby.
Living on the Strip – High Rise Living
Even if you’re not an investor, the prices on Las Vegas high rise condos have fallen so far that ordinary people can actually afford them. Small 1 bed / 1 bath units which used to sell for $600,000 to $1,000,000 can now be purchased for under $200,000. Living on the strip is an incredible way to live. Access to world class entertainment and dining on a daily basis is a dream come true! Plus if you keep an eye out for good deals, you can enjoy Vegas on a budget – especially many casinos on the strip provide locals a discount!
The purpose of this website is simple. We’re not looking to sell you a high-rise property or tell you today is the best time to buy. We’re here to educate those interested in high-rise properties by providing them all the information they need to know about the current developments in Las Vegas. Our Database is the most comprehensive on the net and includes everything from monthly HOA dues to floor-plans. If you are interested in any of the condo high rise properties we list, we do provide contact information for realtors in the area such as Elite Realty, Realty One Group, Prudential and many more. I strongly recommend working with Shawn Sellers though, as I’ve personally worked with him on my own high rise purchase and he’s been incredibly helpful.