Las Vegas Strip Condos for Sale at Allure
Las Vegas Condo Investors who purchased or are purchasing in ALLURE LAS VEGAS have made a safe bet. As of this writing, Sept. 16, 2014 there are ONLY TWO rentals available at ALLURE LAS VEGAS. Compared to 25 at SKY LAS VEGAS, this is quite a difference. What has fueled the desirability of ALLURE CONDOS? SLS Vegas has opened, catty corner across the Boulevard. Employees at SLS can pretty much walk to work in a matter of minutes. Given the low available rental inventory, asking prices for rent are sure to increase, and in turn, the property values at ALLURE CONDOS will be well poised for upside appreciation potential.
Built by Fifield CO., a well reknowned luxury high rise condo developer, Allure Las Vegas have the same graceful design as their Californian Tower located on millionaire's row, Wilshire Boulevard in Westwood California. Because Fifield is a tried and true high rise condo developer, the floorplans at Allure are varied and functional and innovative. You will find variations in the floorplates in different sections of the Tower. Some have large terraces overlooking the Strip and downtown.
If you would like a pdf of all ALLURE LAS VEGAS FLOORPLANS e-mailed to you - please contact me at email@example.com with your request.
ALLURE LAS VEGAS HOA TRANSFER FEE AND CAPITAL CONTRIBUTION FEE
In order to keep the ALLURE LAS VEGAS HOA stable, new owners purchasing a resale condo at ALLURE will have to paya one time capital contribution fee of 1/3 of 1% of the sales price plus a transfer fee to set up the HOA account in their name of approximately $250.
ALLURE LAS VEGAS CONSTRUCTION DEFECT LITIGATION
As of this writing ALLURE LAS VEGAS CONDOS are involved in a Construcion Defect Lawsuit that involves common area issues. This is not an uncommon scenario in the Las Vegas high rise condo marketplace, but most banks will shy away from lending to a building involved in a construction defect lawsuit, resulting in most sellers seeking all cash buyers for their Allure Las Vegas Condos.
Those investors with patience to wait out the resolution of the lawsuit - which has a possibility of being settled with mediation rather than in court, will find that the prices per square foot at ALLURE LAS VEGAS are very attractive, and this may be an opportune time to buy an ALLURE CONDO for sale.
We have the contact information for the Law Firm representing the ALLURE HOA and can get our clients complete disclosure info on any ALLURE LAS VEGAS CONDO under purchase consideration.
CLICK TO TAKE THE TOUR OF AN ALLURE LAS VEGAS PENTHOUSE FOR SALE
ALLURE LAS VEGAS RECENT SALES COMPS
This week our team will be closing two ALLURE CONDOS:
# 803 - 1 BR STRIP VIEW - 897 sq. feet listed at $187k - sold at $186k
#1404 2 BR Strip View - wood floors - lsited at $279k - SOLD for $277k yesterday - 1233 sq. ft.
Compared to the prices on a psf basis to the Californian on Wishire Blvd - ALLURE LAS VEGAS COndos look like a smoking bargain! And which would you rather? The smog of L.A. or the excitement of LAS VEGAS BOULEVARD minutes from your doorstep.
Investors in Las Vegas Real Estate may want to take a look at ALLURE LAS VEGAS CONDOS for sale as our bet is that these luxury high rise condo units may have very significant upside potential as a long term portfolio buy and hold.