Las Vegas High-Rise Condos for Sale or Rent

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High Rise For Sale

211 Flamingo Road, Las Vegas, Nevada 89169


High Rise For Sale

29 Montelago Boulevard, Henderson, Nevada 89011

Across the Ponte Vecchio Bridge sits this beautiful 3rd floor studio with balcony - featuring breathtaking views of Lake Las Vegas and resort style pools. This Tuscany-styled complex has an outdoor heated pool, a shared common room with fitness facilities and laundry room, two elevators, central air, 24-hour front desk, concierge and Wi-Fi.

High Rise For Sale

29 Montelago Boulevard, Henderson, Nevada 89011

RESORT LIVING STYLE. Gorgeous lake with golf course views, underground garage parking. Laundry and fitness center areas. A beautiful community pool. Charm & Sophistication both found in this property! Open suite living. Extra large bathroom w/oversized shower and soak tub.

High Rise For Sale

211 Flamingo Road, Las Vegas, Nevada 89169

One bedroom Princess King suite with Balcony! Fully furnished Condo-Hotel in walking distance to the famous Las Vegas strip! This Platinum Resort unit is move-in ready and features 9’ ceilings, living room with plasma tv and energy efficient comfort systems, King bed, a full kitchen with breakfast bar, marble countertops and stainless-steel appliances.

High Rise For Sale

29 Montelago Boulevard, Henderson, Nevada 89011

Scenic sunsets, lake, city & mountain views await off your balcony within your own piece of Las Vegas luxury with this 4th-floor waterfront studio end corner unit with no neighbors on one side. This studio floorplan includes an open space for a living room, dining room, bedroom, and kitchen.

High Rise For Sale

3930 University Center Drive, Las Vegas, Nevada 89119

Freshly Painted High-rise in the Wimbledon Community! Onsite HOA, Security and gated entrance. Some other amenities are Clubhouse, Gym, Pool and Tennis Court onsite laundry machines.
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How to pick the best Las Vegas high-rise condos for sale in your price range

Las Vegas high-rise condos for sale are offered in twenty-one towers. However, even the most discriminating buyers can find a suitable condo to buy from the existing units.

We have made it easy to search for high-rise listings. You can search for listings in all towers in your price range or click the tower's name and see all listings in that building. Search results are shown instantly under the search widget.

Buying a condo as an owner-occupier is different from investing in high-rise condos which we discuss separately. When discussing the best Las Vegas high-rise condos for sale, we aren't talking about the most luxurious units in high-priced buildings. Instead, we discuss the best condominiums for your price range and how to find them.

Buyers should do the most comprehensive initial search and look at all listings in their price range. On more than one occasion, a client was initially interested in one building but purchased a unit in another after consulting with us.

Of course, it all depends on what is essential for the buyer. For example, if great amenities or the Strip's proximity are a consideration for relatively low-cost units, Sky Las Vegas is a good fit.

A: The following factors affect condo pricing

1: Location. Strip condominiums have the highest price per square foot ratios; Strip adjacent and off-Strip units are cheaper.

2: Views: In our mind, the best views of any tower belong to an Off-Strip building, Metropolis. However, condominiums with the Strip views sell for more than those with the mountains and city views.

3: Elevation: Penthouse units are the priciest.

4: Upgrades: There are two types of resale condominiums. Those originally purchased in gray shell and finished by the buyer are usually more upgraded than units that failed to sell, were completed by the tower's new owners, and rented until the market improved. The majority of these have outdated flooring and countertops which need remodeling.

Condo Pricing and how the high-rise market affects it

Listing agents can put any asking list price for their listing, which is immaterial. We calculate the correct price for units according to comps that have sold in an appropriate period.

However, pricing condominiums isn't straightforward due to upgrades, elevations, or views. We have done extensive research about the subject and are an authority on calculating the correct price for condominiums.

In theory, Las Vegas high-rise condos for sale are priced based on the market conditions. However, the Las Vegas high-rise condo market is unlike the housing market due to the lower sales and higher prices. Additionally, while regular residential units have appreciated continuously in the last few years, high-rises appreciate in fits and starts. For example, 2018 was an excellent year for verticals, but condo pricing was stagnant until the significant price gains after the California buyer's invasion of 2021, which is ongoing.

We dedicate a lot of time researching the market and are an authority on the subject.

Las Vegas high-rise condos for rent

Las Vegas high-rise condos for rent are offered short-term or long-term and furnished or unfurnished. However, short-term rentals are not available in all towers, and only The Ogden allows for monthly rentals without a business license. Sky Las Vegas allows three-month leases. And One Las Vegas allows three months rental period for furnished condos and six months for unfurnished units, as discussed on each tower's page. So AIRBNB is not permitted in most residential buildings.

Las Vegas high-rise condos for rent listing inventory has shrunk since 2021. And demand has increased, resulting in significantly higher rental rates. Rents for lower-priced apartments have appreciated by about 20%, while more expensive units are renting for about 10% more. So while it was possible to get some discounts on long-term rentals before 2021, condominiums are renting at the asking list price, but it is still possible to get a discount on the furnished short-term apartments for rent.

Searching Las Vegas high-rise rental listings

The easiest way to see all rental listings in a building is to click on the project's name, scroll to the bottom, and click on the for rent tab. The other way is to click search Las Vegas high-rise condos for rent listings. While searching, you must put the project's formal name in the subdivision field. In most instances, the tower's name is the legal name, but some have had a name change.

Please put these names in the subdivision field while searching rentals: Waldorf Astoria: Resort Condo at Luxury Building, The Martin: Panorama Tower Phase III, and The Ogden: Streamline Tower.

Las Vegas high-rise interactive map

Please click the link to see the interactive Las Vegas high-rise condo map. Locations can be divided into four categories. When you click on a building, you can see a picture, property address, telephone number for the customer service, and a link to Google reviews of that tower.

Condo-hotels for sale in Las Vegas

Las Vegas high-rise condos for sale can be divided into residential and condo hotels. We discuss their differences in the Las Vegas residential high-rise and condo-hotels differences. One of the differences is the rental period, and the other is how the revenue is divided. Las Vegas condo hotels for sale have appreciated far less than residential towers, and COVID-19 has hit a few harder than any other real estate sector.

Investors can rent condo-hotels in two ways.

1: Owner can enroll their condo-hotel in the hotel's rental program. After a unit is rented, it goes back to the end of the queue and waits for its turn. At the same time, the rent is split between the owner and the hotel.

2: The owners list their Las Vegas high-rise condo for rent listings on a site like VRBO or AIRBNB and rent the unit directly. While they have to pay a fee to the hotel, cleaning condo hotels is their responsibility. However, in some cases, higher rental income is worth the trouble.

Las Vegas high-rise foreclosures and short sales for sale

Ten years ago, one of four Las Vegas high-rise condos for sale was a foreclosure, but that time is long gone. Only five foreclosures sold in 2021, and we don't think you will see many banked-owned listings any time soon. To search Las Vegas high-rise foreclosures for sale or short sales for sale, please click on the more options tab in the search form above and click on the foreclosures or short sales.

Las Vegas high-rise short sales for sale listings are hard to come by as well. By May 2022, only two short sale listings were listed in the MLS, while 16 short sales were sold in 2021. Short-sales usually provide a better deal than foreclosures, but the deal's outcome is unclear until the bank approves the sale.

Las Vegas high-rise condo HOA fees, amenities and minimum rental cycles

Las Vegas High-rise condos HOA fees vary significantly among towers and floor plans, and you can find the HOA fees for each building on its page.

The minimum rental cycle for Las Vegas high-rise condos for rent is from a one-year minimum at Allure Condo to six months in most towers. However, some buildings like The Ogden allow short-term rentals.

Las Vegas high-rise amenities at the minimum include a private pool and spa, gym, and in some instances, much more, like concierge, business meeting rooms, party rooms, outdoor barbeque, etc. But the amenities at some towers are smaller and less equipped than others discussed on each tower's page.

Las Vegas High-Rise Condos for Sale or Rent was last modified: June 13th, 2022 by masouds