Las Vegas Condos For Sale – Page 6 – Las Vegas Condos For Sale

August 20, 2013

Mandarin Oriental Las Vegas Condos

July 23, 2013

Luxury Real Estate Management’s Newest Listing at Panorama Towers

Panorama Towers #2-105/ Two Story Townhome Overlooking Pool Area

Two-story townhome overlooking the pool at Panorama Towers. Panorama amenities include 24h guard gate, pool/spa, fitness center and complimentary limo service. Panorama Towers is located just steps from the Las Vegas Strip.

July 17, 2013

2013 1st and 2nd Quarter Las Vegas Condo Market Report | MyLvCondoSales.com

Significant Improvements in the Las Vegas Market | MyLvCondoSales.com Market Report

The Las Vegas high-rise condo market continues to see significant improvements this year. Yearly average sale prices increased from $313,084 (2012) to $451,382 (2013 TYD) , and inventory continues to tighten in the majority of high-rise projects.

I have added a full market report spreadsheet to the following link.https://mylvcondos.com/2013/07/12/las-vegas-real-estate-market-data/

Our team at Luxury Real Estate Management also sold its Cosmopolitan re-sale listing at a record setting $1126/sf and holds the price/sf leasing records at Mandarin, Veer, Vdara and The Martin.

If you are thinking on purchasing a developer owned condo, you should always have agent representation. Our office will share ALL comps with you, provide a realistic expectation of rental rates/ROIs and we can often get additional concessions beyond what developers say is “bottom line pricing”.

Here is a brief summary of significant events:

Mandarin sold almost all of their grey shell inventory and a significant amount of finished residences. The developer is now offering up to 2 years of tax and HOA credits on Mandarin 1bds if purchased within the next 30 days, please email us for more information.

Veer Towers is offering a new program called “The Carefree Veer Life Leasing Program” where buyers can purchase condos with tenants in place and Veer will guarantee a fixed rent payment up to 2 years. Contact us for inventory and program details.

MGM has also announced that they are partnering with entertainment promoter AEG to build a retail district/stadium behind the NY-NY/Monte Carlo which should be a positive for Mandarin, Veer and Vdara. http://news.yahoo.com/mgm-aeg-develop-20k-seat-las-vegas-strip-171928652.html

Trump Tower is the new hot property in the condo-hotel segment due the announcement ofGenting’s new $5 billion project being built next door. In my opinion, there is upside potential on north facing residences because the Genting project will significantly improve North views.

See link for details:
http://www.vegasinc.com/news/2013/mar/05/new-genting-mega-resort-expected-be-big-boost-stri/

We have added an investment page on our website which shows both sales/leasing data for the majority of the high-rise projects, please visit http://www.mylvcondosales.com/investments/

Las Vegas Condo Stats from Jan through May***

Allure Las Vegas
Number of Properties Sold – 18
Avg Sale Price – $248,995
Avg Sale Price/SqFt- $194
Avg Days on Market – 128
Current Inventory on MLS – 23
Avg. Rent Year- $18,864
Avg. Rental Income- $1557
Avg. Days on Market-62
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/allure-las-vegas/

Mandarin Oriental
Number of Properties Sold – 42
Avg Sale Price – $1,095,025
Avg Sale Price/SqFt- – $459 –most of these sales were unfinished so they had lower $PPSF ***
Avg Days on Market – 50
Current Inventory on MLS – 15
Avg. Rent Year-$43,380
Avg. Rental Income-$3615
Avg. Days on Market-74
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mandarin-las-vegas/

MGM Signature
Number of Properties Sold – 60
Avg Sale Price – $237,183
Avg Sale Price/SqFt- $380
Avg Days on Market – 83
Current Inventory on MLS – 68
Avg. Rent Year-$19,776
Avg. Rental Income-$1648
Avg. Days on Market-61
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mgm-signature-las-vegas/

Newport Lofts
Number of Properties Sold – 7
Avg Sale Price – $268,571
Avg Sale Price/SqFt- $171
Avg Days on Market – 93
Current Inventory on MLS – 6
Avg. Rent Year-$16,236
Avg. Rental Income-$1353
Avg. Days on Market-86
For current inventory, please visit:
http://www.mylvcondosales.com/downtown-vegas-condos/newport-lofts-las-vegas/

Palms Place
Number of Properties Sold – 24
Avg Sale Price – $262,094
Avg Sale Price/SqFt- $299
Avg Days on Market -61
Current Inventory on MLS – 18
Avg. Rent Year- $29,400
Avg. Rental Income- $2450
Avg. Days on Market-52
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/palms-place-las-vegas/

Panorama Towers
Number of Properties Sold – 42
Avg Sale Price – $496,397
Avg Sale Price/SqFt- $239
Avg Days on Market – 123
Current Inventory on MLS – 21
Avg. Rent Year- $26,916
Avg. Rental Income- $2243
Avg. Days on Market- 52
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/panorama-towers-las-vegas/

The Martin
Number of Properties Sold – 41
Avg Sale Price – $407,893
Avg Sale Price/SqFt- $311
Avg Days on Market – 46
Current Inventory on MLS – 17
Avg. Rent Year- $28,920
Avg. Rental Income- $2410
Avg. Days on Market-60
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/martin-condos/

One Queensridge Place
Number of Properties Sold – 32
Avg Sale Price – $1,442,740
Avg Sale Price/SqFt- $400.89
Avg Days on Market – 50
Current Inventory on MLS -24
Avg. Rent Year- $69,540
Avg. Rental Income- $5795
Avg. Days on Market- 26
For current inventory, please visit:
http://www.mylvcondosales.com/summerlin-condos/one-queensridge-place/

]

Sky Las Vegas
Number of Properties Sold- 29
Avg Sale Price – $256,509
Avg Sale Price/SqFt- $214
Avg Days on Market – 79
Current Inventory on MLS – 16
Avg. Rent Year- $21,696
Avg. Rental Income- $1808
Avg. Days on Market-69
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/sky-las-vegas-condos/

Turnberry Place
Number of Properties Sold – 30
Avg Sale Price – $481,339
Avg Sale Price/SqFt- $193
Avg Days on Market – 62
Current Inventory on MLS -32
Avg. Rent Year- $26,364
Avg. Rental Income-$2197
Avg. Days on Market- 65
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-place-las-vegas/

Turnberry Towers
Number of Properties Sold – 24
Avg Sale Price – $333,954
Avg Sale Price/SqFt- $259
Avg Days on Market – 67
Current Inventory on MLS – 19
Avg. Rent Year- $24,240
Avg. Rental Income- $2020
Avg. Days on Market- 67
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-towers-las-vegas/

Trump Tower (some developer sales are not reflected in this data)
Number of Properties Sold – 45
Avg Sale Price – $330,333
Avg Sale Price/SqFt- $481
Avg Days on Market – 59
Current Inventory on MLS- 35
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/trump-towers-las-vegas/

Veer CityCenter (some developer sales are not reflected in this data)
Number of Properties Sold- 40
Avg Sale Price- $520,164
Avg Sale Price/SqFt- $446
Avg Days on Market- 80
Current Inventory on MLS- 24
Avg. Rent Year- $25,512
Avg. Rental Income- $2126
Avg. Days on Market- 25
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/veer-citycenter-las-vegas/

If our team can help you buy, sell, lease or manage a Las Vegas high-rise condo, please give us a call/email.

Thanks,

Anthony J. Phillips
Owner/Realtor
Luxury Real Estate Advisors
Luxury Real Estate Management
3960 Howard Hughes Parkway Suite 500, Las Vegas, NV 89169
P: 702.482.8885 | F: 702-302-4486
MyLvCondoSales.com | MyLvHomeSales.com
High-rise Blog MyLvCondos.com
Property Management LvLuxPm.com

Data provided by the MLS and is deemed reliable but not guaranteed.

July 13, 2013

Veer Towers Executive 1bd Residence

Visit http://www.mylvcondosales.com/las-vegas-strip-area-condos/veer-citycenter-las-vegas/ for more information.

June 29, 2013

Veer Towers Las Vegas

http://www.mylvcondosales.com/

June 28, 2013June 28, 2013

Luxury Real Estate Management’s newest residence at Mandarin Oriental Las Vegas

Luxury Real Estate Management‘s newest residence at Mandarin Oriental Las Vegas

Mandarin Oriental Las Vegas condos combine the prestige of an internationally-renowned brand, unparalleled amenities, spectacular Strip views, and dramatic design with Mandarin Oriental’s celebrated world-class, five-star hotel service. This one bedroom residence offers views of Aria/west Mountains, hardwood floors and Thermador and Bosch appliances.

Mandarin Oriental Las Vegas condo residents are treated as permanent guests of the Mandarin Oriental Las Vegas and enjoy privileged access to all the amenities and services of this ultra-luxury landmark hotel. Mandarin Oriental residents have 24-hour access to gourmet cuisine, doorman, housekeeping, valet services, and a concierge service, as well as an array of dining, entertainment and well-being facilities, including a 27,000-square-foot spa and 8^th Floor pools and decks.

June 16, 2013

The Residences at Mandarin Oriental, Las Vegas

The Residences at Mandarin Oriental Las Vegas are a stylish luxury hotel and condominium development prominently located at the entrance of CityCenter, a brilliant urban resort destination at the heart of the Las Vegas Strip. Awarded the respected AAA Five Diamond Award rating and the Forbes Five-Star award for the Spa, the Mandarin Oriental Las Vegas offers fine-dining, a relaxing Spa, impressive accommodations and renowned service all steps away the world class amenities being offered at Aria, Bellagio and the Cosmopolitan Hotel and Casino

For current Residences available for sale, please visit http://www.mylvcondosales.com/las-vegas-strip-area-condos/mandarin-las-vegas/

June 12, 2013

Veer Towers New Investor Program | MyLvCondos.com

Veer Towers New Investor Program | MyLvCondos.com

Veer Towers presents a limited opportunity for savvy condo buyers interested in purchasing pre-leased residences at Veer Towers. The Carefree Veer Life Leasing Program is ideal for real estate buyers seeking rental income without the headaches of being a landlord.

A wide selection of available inventory, including studio, 1-, 2- or 3-bedroom floor plans, have been reserved for participation in this exclusive program. Veer Towers will assure the fixed payments while you participate in the program (up to 24 months) regardless of the actual lease rate or occupancy during that time. Certain deed restrictions apply, including a restriction of re-selling the residence during the 24-month period.

No monthly HOA fees or real estate taxes while you participate in the program (up to 24 months), due to seller reimbursement. Contact us today for details 702-482-8885 or anthony@mylvcondosales.com

June 7, 2013

Cosmopolitan Condo Sales Listing

A rare opportunity to live in one of the highest private residences of Las Vegas. This captivating residence provides endless views of the surrounding city and beyond with sliding glass doors opening to an over- sized private terrace. A large, luxurious bathroom features an opulent soaking tub and an exhilarating shower. Sitting atop the Cosmopolitan Resort Casino, owners enjoy world class amenities and all hotel privileges including room service, private concierge services & much more.

June 4, 2013

Vdara Las Vegas Condos For Sale

Vdara Condos at City Center offer modern interiors spaces including kitchens with the latest technology, all in a stylish atmosphere. This residence offers stunning views of the Las Vegas Strip, Bellagio , Paris Las Vegas and the surrounding mountains. Vdara Condos are located just steps from the Aria Casino at City Center.