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Chris Rubeis
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Posts Tagged ‘Las Vegas High Rises’

Buying a High Rise Condo or Apartment in Las Vegas

Thursday, February 11th, 2010

Buying a high rise condo or renting a high rise apartment is considered one of the highest points of luxury in any major city, but this is especially so in Las Vegas. Due to the nature of the desert city, the most conveniently located condos and apartments are always expensive, and high rises command a premium price due to their luxury and the spectacular view they offer. It is thus important for potential high rise owners to carefully select their condo or apartment to ensure that they can afford it, that they genuinely want it, and that it is in their long term best interest to own or rent it. High rise apartments charge a high price for the convenience and service that they offer, but are a must-have among the high rollers and other persons of high luxury.

The finest high rise apartments in Las Vegas are located directly on or adjacent to the Las Vegas strip. Many are built into the upper levels of office buildings or above casinos, and most offer some sort of package deal or benefit from local casinos in order to attract and pamper potential renters and buyers. Because of their proximity to the action, noise and bright lights generally surround them, so it is important for potential buyers and renters to make sure the rooms have adequate sound and noise insulation. Luxury isn’t worth it if you can’t get a good night’s sleep, after all! If this is a concern, there are equally high quality high rise apartments and condos located a few blocks off the strip.

Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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