Las Vegas Luxury Highrises

Las Vegas is one of the hottest destinations for people who are looking to retire, or to have a better quality of life for their families.  At the moment, the real estate market is still working to rebound, so it’s a perfect time to get into real estate while prices are still low.

One real estate option that not everyone considers is the loft.  Similar to the luxury high rise, but more hip and modern in design, the loft is becoming a more popular alternative for many.  Lofts come in many forms in Las Vegas, from the luxury high rise lofts, to the mid rise variety, to the live and work loft.

The Live Work Loft is a particularly interesting model. Certainly, this idea isn’t for everyone, but it’s ideal for the small business owner who wants to live close to his shop.  These lofts are usually designed in old warehouses and they include trendy storefront locations with residences on the second floor.  They are perfect for entrepreneurs, consultants, artists and for others who want to be right near their place of business. Las Vegas us currently constructing a few of these Live Work Loft projects, and they will certainly add to the local flavor and to the real estate options.

Lofts offer a great deal of benefits.  They include open floor plans, volume ceilings, expansive glass windows and modern architecture.  Perfect for the business executive living alone, they are also a great answer for the retiring couple or for the new, young family.  They offer an incredibly spacious feel that allows for great entertaining, a feeling of space and an open and inviting design.

As one of the fastest growing cities in America, Las Vegas offers it all to prospective buyers.  Lofts, as well, are a great choice for comfortable living at affordable prices.

In Las Vegas anyone looking for a truly luxurious apartment or home should consider the various options available to him. Condos in Las Vegas are a popular choice among off-shore buyer to be vacation homes. The special problem faced by any developer looking for projects in Nevada is the fact that 80% of the land is beyond reach, due to its ownership by the United States government. This land shortage has led many developers to think in terms of hi-risers, multi-story, luxury apartment buildings.

Condo hotels are another option for potential investors in the Las Vegas real estate market. Sophisticated investors enjoy the most elaborately appointed and completely furnished apartments. On- site leasing agents and rentals on a nightly basis help to add value to the investment.  When the owner is absent a professional property management company maintains and leases out the units to hotel guests on behalf of the owner. Condo hotels are becoming a hugely popular investment alternative that many projects were already sold out before even ground was broken on them.

On additional choice for those wishing to invest in Las Vegas are residential high rise condos. These projects focus more on the local market, seeking out young professionals who prefer to stay on the Strip and receive all the luxuries which would be offered in a great hotel. More and more of these investors are looking for urban style accommodations including lofts, live-and-work office lofts in addition to the usual high rise condos.

“It’s a lifestyle choice for those Generation-Xers like you see in the `Friends’ TV show. It’s an emerging market,” according to Carina Corporation President Mark Doppe. Carina is building several loft-style condominium complexes throughout the Valley to meet this demand.