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Purchasing a condo, whether for a primary, secondary residence or for an investment can be daunting. Condos are not cheap, so before investing in one do the research and make sure that you are buying something that will bring you years of happiness and ensure your investment for the future. Purchasing a condo in Las Vegas can also be difficult because the Las Vegas real estate market is very unique. There are large demands not only for from permanent residents but also from seasonal visitors. The market can fluctuate on a month to month basis so it is important to do the research.
One of the main issues to contend with when purchasing a condo in Las Vegas is where the condo is located. Buying a condo in an up and coming neighborhood can be a great way to maximize the value of the investment. If you are planning to start a family it is also important to find out the quality of the schools in your area.
Here are the major areas of Las Vegas and what they have to offer.
- Central Strip - Between Tropicana (Mandalay Bay) & Sahara (Stratosphere). This is the heart of the Las Vegas action. It's also the heart of noise and tourism. If you like the hustle and bustle, the Central Strip is for you.
- South Strip - Any on Las Vegas Blvd. South of Tropicana (Mandalay Bay). It's still with a Strip address, next to but not in the hub of activity. The South Strip has been called the "New Vegas" and is an area of booming development. Many new casinos, shopping meccas and restaurants are coming to this area including Town Square, M Resort and a hefty expansion to the Silverton.
- Downtown - "Old Las Vegas", the first part of Las Vegas to be developed, and currently undergoing redevelopment. Hotels and casinos include Fremont Street Experience, Horseshoe, El Cortez, Fitzgerald's, Four Queens and Golden Gate.
- Harmon Corridor - 2.5 mile stretch which intersects the Strip at the Planet Hollywood Resort (Aladdin). Anchored by the Hard Rock Hotel and Casino on the East end and the Rio at the west end.
- Others - This includes areas in Henderson, North Las Vegas and areas east and west of the Strip. Hotels, casinos and shopping in these outlying areas include The District, Station Casinos, Sam's Town, and The Cannery.
To learn more about purchasing a Las Vegas Condo or to see a model unit, check out ONE Las Vegas at one-lasvegas.com or call 702.444.4321
Thanks for your interest and if you have any questions or comments feel free to call or write us:
Phone: (702) 444-4321
Email: info@one-lasvegas.com
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