Great news!! The ultra-luxury market in Las Vegas continues to improve due to purchase prices being below the cost to build in the high-rise segment, dwindling inventory and external economic factors such as California real estate costs/income tax policiesm in addition to foreign buyers turning focus from Canada and China due to concerns about potential real estate declines in those countries.
Here are a few of the communities in high demand, and that I will suspect will continue to see incresases in 2016:
The Residences at Mandarin Oriental Las Vegas condos mix the prestige of an internationally renowned hotel and resort brand, unparalleled amenities and striking architectural design with a world-class, five-star hotel and residential experience. Mandarin Oriental condo buyers and investors are treated as permanent guests of The Mandarin Oriental Las Vegas and enjoy privileged access to the exceptional services provided by the Mandarin Oriental hotel.
Veer Towers CityCenter offers buyers the only pure residential condo building on the south Las Vegas strip. With approximately 335 residences in each of the two 37-story glass towers, Veer Towers soars above Las Vegas and provides some of the best views of any Las Vegas high-rise condo development. This complex allows buyers to live steps away from the City Center and the worldd famous Aria, Bellagio and Cosmopolitian Hotels.
Park Towers is the perfect alternative to The Mandarin Oriental for clients looking for an ultra-premium off strip location. Park Towers offers expansive terraces and lush outdoor green spaces and is just minutes from the Las Vegas strip on Flamingo, just east of Las Vegas Blvd.Blue Heron at Seven Hills
Absolutely some of the most incredible views in the city are to be found in Seven Hills real estate; a 1300 acre hillside community perched atop the McCullough mountain range south of the Las Vegas Valley in Henderson, Nevada.
One Queensridge Place, located in Summerlin, offers 219 residences with 43 distinct floor plans ranging from approximately 2100 to over 16,000 square feet. Each Queensridge condo has been finished with the finest stones, professional grade Viking appliances and offer open, spacious floor plans. One Queensridge Place views can include Las Vegas strip, golf and mountains and its within a short proximity to 5 golf courses and the shopping/dinning of Tivoli Village, Boca Park and Rampart Commons.
The Ridges is guard gated exclusive community featuring a private desert sanctuary for residents marked by beautifully designed streetscapes, rich and colorful landscaping and stunning architecture. The Ridges natural topography and elevation along the Spring Mountain range affords some of the best views of the Las Vegas valley and the glittering Las Vegas Strip. The Ridges is located 20 miles west of Las Vegas blvd on Flamingo.
The Summit Club is a private club community located on 555 acres beneath the spectacular Red Rocks just 15 minutes from the sparkling Las Vegas strip and 11 miles from McCarran International Airport. With its Tom Fazio designed course and world class amenities, The Summit Club will be the only truly private golf community in Las Vegas. The Summit Club is near other prestigious communities such as Red Rock Country Club, The Ridges, and Traccia.
Lake Las Vegas is a pristine, master-planned 3600 acre residential and recreational community surrounding a fresh water lake. Its Mediterranean theme is reflected in the overall design of this charming destination and also very unique to the desert southwest. Lake Las Vegas is an approximate 30 minute drive to the strip.
I hope this information is helpful. Las Vegas real estate continues to be a great investment, with relatively low prices! Contact me today!