Las Vegas Condos, Lofts, Luxury Condos for Sale
Condominiums, lofts or townhomes for sale in Las Vegas, Henderson and North Las Vegas are selling at 50%-80% discount from 2006 prices. Short-sales and foreclosures are responsible for these price cuts. Condo communities are good choices for vacation homes or buyers who don't want to maintain common areas and want to use amenities such as community pools, clubhouses or playgrounds.
The difference between condominiums and townhomes is that townhomes are usually built on two stories and the living room is usually downstairs. However, due to FHA rules, townhomes can be easily financed like single family homes but it is very difficult to obtain financing for condos. As far as the banks are concerned, Lofts are treated as condominiums and are hard to finance.
This doesn't mean that condos are impossible to finance in Greater Las Vegas, there is one way to finance condos, call us and we will tell you how. However if a buyer has to pay in cash for a condo deal, they can buy a bank owned condo or short sale through the Las Vegas MLS, which we have explained in different options to buy Las Vegas condos, luxury condominiums and lofts, or bypass buying a condo through the Las Vegas MLS and buy a HUD condo through online auctions or buy from the Trustee Sale real estate auction.
Search Las Vegas, Henderson and North Las Vegas condos, luxury condominiums, lofts for sale listings by price range
If your search returns more than 250 condominiums (250 is the maximum you can view), click on modify search to filter by square footage, number of bedrooms, lot size or whether you want a private pool, etc.
Las Vegas Condos, Lofts
North Las Vegas Condos, Lofts
Henderson Condos, Lofts
Mid rise luxury Las Vegas condos, lofts and townhomes for sale
Inventory of luxury midrise condos in Las Vegas grew significantly after 2004 due to the success of condo projects such as Park Avenue or Manhattan condos on South Las Vegas Boulevard (Strip); however other condo projects like Boca Raton were completed too late and ran into bankruptcy. Most midrise luxury condo projects have been built before 2006 and the builder is selling excess inventory which has to compete with re-sales, including foreclosures and short sales.
These mid rise luxury condominiums easily match high-rise condominiums in terms of luxury and amenities, the HOA fees and taxes rival high rise condominiums also. A few communities offer concierge services.
Condos, lofts and townhomes in Greater Las Vegas master planned communities
Just about every master planned community offers resale condos and townhomes for sale that are designed to complement it. Some of the more expensive condos can be found in Summerlin and Green Valley in addition to Seven Hills. Cheaper condominiums can be found in Mountain's Edge, Desert Shores, etc. Below is a sample blog post that discusses HOA fees and taxes for Summerlin condos.
Our Las Vegas real estate blog is one of the highest rated real estate blogs in the US. Read it for an in depth discussion of issues involved in buying and selling Las Vegas condominiums.