Las Vegas Penthouses for Sale – Things to Consider Before Buying
With all that is happening on and near the Vegas Strip in 2020, Las Vegas Penthouses are especially appealing to those wanting an easy lock and leave lifestyle. Living above it all, in your own Mansion in The Sky Above the lights and glamour of the Strip is never boring, visually stunning, and the ultimate easy & exciting luxury lifestyle.
5 Things to Consider before Buying a Las Vegas Strip Condo or Penthouse
#1 Parking – Some high rise towers offer each owner the use of one dedicated parking spot. Other condos, especially penthouses, come with the use of 2 parking spots or in the case of a building like Metropolis, all 2 bedroom condos there have the use of two spots, however, some are tandem. Towers, such as VEER, The Waldorf Astoria, Vdara, and Trump Tower are valet only. And buildings like SKY, The Martin, Panorama Towers offer dedicated parking spaces AND Valet parking.
#2 Terraces – Is having a terrace or balcony important to you? If so, all high rise condos in CityCenter ( Veer Towers, Vdara, and The Waldorf Astoria) do not have balconies. Turnip Tower does not have balconies. Only the corner units in The Martin have balconies – which would be the 00, 01, 09 and 10 stacks. That said – the other units in The Martin do have glass sliders in the living rooms that open up, but these have a Juliette Type railing, so you can’t step out. The Turnberry condos at Turnberry Place, Turnberry Towers do have are sweeping balconies with glass walls – so views are not compromised. SKY Las Vegas has huge glass wrap around balconies on the corner units, and concrete walled ones on the other units.
#3 Rental Restrictions Each Las Vegas luxury high rise condo building has different rental restrictions as far as the minimum time frame that each HOA allows. Some require minimum FICO scores for tenants and require HOA BOARD APPROVAL. Our Team has been involved with leasing these units for clients for years, so we are familiar with each high rise condo’s rules and regulations.
#4 HOA Dues and What the Cover Make sure you understand what the HOA dues Cover. Some dues include TV and Web access. Most include water, trash, insurance on the structure. Make sure your individual insurance carrier understands whether the master policy includes coverage on plumbing fixtures, cabinetry and the like, so you know how to structure your own individual insurance coverage.
#5 Amenities – What is most important to you? Understand each building’s amenities. Is a social calendar important to you? Is driver service something that is a must have? Do you want an on site valet? A Guard Gated Entry ? Floor Access Control? What type of business center services are available? Spa Services? Pet Park?
We’ve been selling Las Vegas high rise condos since the preconstruction days. We are quite familiar with the nuances of all the different condo towers. Given your “wish list” items, we will hone in on the high rise condo or penthouse that will best fit your needs.
Below you will see listings of all available luxury condos for sale at The Martin and Panorama Towers where Driver service is available & you can walk to the T-Mobile Arena. They are located just 1 mile from the Allegiant Stadium – future home to the Raiders!
Luxury Condos for Sale at The Martin & Panorama Towers