Las Vegas, NV (PRWEB) December 15, 2004
The Las Vegas real estate housing market is taking an upward turn. Over the course of the last two years, developers have seen an opportunity to market and build luxurious high-rise condominium projects to help overcome the lack of land available for single family residential developments in Las Vegas.
With over thirty new high-rise Las Vegas luxury condos in pre development or development stages, Las Vegas builders are trying to market to upscale buyers and Las Vegas real estate investors with good reason. According to the National Association of Realtors, condo sales are growing at a more rapid rate than single family homes.
When you compare the Las Vegas Condos market to some of the better established luxury real estate, vacation and condo markets in the country including Destin Florida, Miami, Sarasota, Myrtle Beach, Hilton Head, Austin Texas and even New York, you will find a significant pricing trend that will likely occur here in Las Vegas. Vacation homes and condos with good locations in these markets usually demand anywhere from $400 to over $1000 dollars per square foot.
Most luxurious condos located in the Las Vegas real estate market offer the owners of these developments, 24 hr guard gated security, concierge services, health and spa facilities, gourmet grocery shopping, fine dining, dry cleaners and lush worry free landscaping. All of these Las Vegas Luxury condos will also include some of the most picturesque views of the famous Las Vegas Strip.
Condos in Las Vegas are predicted to sell quite rapidly. With the above average appreciation rates and lifestyles that condos afford, it becomes apparent to Las Vegas buyers and investors alike that purchasing a condo is a sound financial decision whether you intend to use the property as a primary residence, vacation home or investment property.
No one can predict future values, but with a thriving Las Vegas economy, competitive interest rates, above average appreciation and 35 plus million visitors a year lends us guidance that Las Vegas investment real estate would make a sound financial decision.
To learn more about investing in Las Vegas or to receive more information on the condominium developments currently under construction visit our websites or contact a member of MyGoRealty.net @ 702-300-1004. http://www.mygorealty.net
# # #