Las Vegas New Condominiums for Sale  - Buy Las Vegas Luxury Condos

Buying a new condominium in Las Vegas from the builder may not be the buyers best option as resale condos pricing can't be matched by the new condo builders. New condos in Las Vegas, Henderson, North Las Vegas and master planned communities like Summerlin, Lake Las Vegas, Anthem, Green Valley or Southern Highlands can be divided in to two categories

1. New or near new mid rise luxury Las Vegas condominiums, lofts and townhomes for sale
2. Regular new condominium, townhomes and lofts for sale and
3. What Las Vegas new condo buyers have to do get a good deal while buying one

New or near new mid rise luxury Las Vegas condos, lofts and townhomes for sale

Most of Las Vegas' near new mid rise luxury condominiums and lofts are already built and there are not many new projects under construction. Las Vegas, North Las Vegas, Henderson and Las Vegas Boulevard (STRIP) new luxury condominium buyers have the option of buying a near new condo or loft as a foreclosure or short sale and for far below the builders original prices.

New condo builders have dropped the price for new condominiums and are offering low interest loans, interest rate buy downs and offer to pay for the buyer's HOA or condo fees for a year. Some are currently renting their units, like Loft 5, and hoping for better prices in the future.

New or near new condo communities include Boca Rattan, Luxe Lofts, Fairway Hills in Summerlin, Vita Bella in Lake Las Vegas, Manhattan and Park Avenue on the South Strip. Bank owned Manhattan Penthouse condominiums are selling for less than $120 per sq. ft. This is unbelievable.

Buyers should pay particular attention to the condo or HOA fees and taxes for these luxury condominiums as they are high.

Regular new condominiums, lofts and townhomes for sale in Las Vegas

Regular Las Vegas new condos, lofts and townhomes are priced as low as $72 dollars per square foot and the majority of them are priced below $120 per square foot. However Las Vegas foreclosures may offer a better deal for a similar condominium. Home owner association fees for these new condos can run $60-$300 and are based on the amenities.

What Las Vegas new condo or loft buyers have to do

A condo buyer should exercise care about deciding on the different options for buying a Las Vegas condos. We recommend our new condominium buyers search the MLS Wizard for Las Vegas resale condos for sale listings and register for a VIP membership and Property Watch as a new condominium may not be your best option. Listings for foreclosure or bank repo homes and condos, and short sales are included in these listings.

Some condo communities have or have recently imposed restrictions on renting the units. This is due to the banks restrictions on making loans for condo communities with a high percentage of rental units. Attention Las Vegas real estate investors.

To insure success in your condo deal, follow the road map to a successful Las Vegas new condominium deal and use the side bar links for all the tools to research your Las Vegas condominium. 

We offer the following services to Las Vegas, Henderson and North Las Vegas new home buyers.

For additional articles about buying a new condominiums, read buying and selling Las Vegas condos blog posts.  TOP

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