Las Vegas High Rise Condos in Demand by Buyers and Investors
Las Vegas, NV (PRWEB) March 05, 2012
SKY Las Vegas condos for sale have seen both an increase in demand and sales price and over the last 12-months. According to LasVegasRealEstate.org inventory has shrunk due to savvy all-cash buyers with less then 20 units currently available. Las Vegas real estate values are at 20-year lows and the price-to-rent ratio on Las Vegas homes is currently ranked #1 in America with CNNMoney, MarketWatch and Inman News all mentioning Las Vegas as the city to buy.
Ashley McCormick with Realty One, Nevada's number one Las Vegas real estate company, says that buyers and investors buying now may be getting in at the most opportune time. Over the last 6 months some Las Vegas luxury condos communities have seen what may have been the bottom of the market with prices starting to rise. McCormick notes the financial strength and stability that these all-cash buyers have brought to high rise communities such as SKY.
SKY is a 45-story luxury high rise with 409 units from one bedroom suites starting at just $140K, to premium three-story Las Vegas Penthouses with rooftop garden patios up to $4 Million. SKY is located on the world famous Las Vegas strip with immediate access to world-class shopping, dining and entertainment venues. McCormick says the popularity in SKY condos for sale is due to the recreation area and amenities.
SKY Las Vegas condos include access to over an acre of pool and garden space complete with putting green, outdoor fire pit, barbeque area, and dog run. Indoor amenities include a social room overlooking the Las Vegas Strip, a spa and fitness center, business center with private meeting room, private screening room, billiard room with bar, valet parking, concierge services and state-of-the-art security.
The luxury condos Las Vegas high rise market has over twenty communities that are located near the Las Vegas strip or Summerlin, with essential living, scenic mountains, exhilarating nightlife and exceptional views that separate Las Vegas from other high rise communities around the world. 1 out of 10 properties sold in Las Vegas is currently an out-of-state or foreign investor who has done their research and found Vegas to be the best investment. Further information about Las Vegas high rise condos for sale or investing in Las Vegas Real Estate can be acquired by contacting Ashley McCormick direct at 1-702-523-0916 or search available properties online at http://www.LasVegasRealEstate.org