|By PR Newswire||
|September 9, 2013 06:14 PM EDT||
LAS VEGAS, Sept. 9, 2013 /PRNewswire-iReach/ -- Las Vegas high rise condos for sale have been the fastest rising segment for appreciation in the Las Vegas real estate market for the past 18-months. According to LasVegasRealEstate.org there are only two existing developments with product and no other high rises in Las Vegas scheduled for construction. With the prices still below the pre-recession cost-to-build for the Trump Las Vegas and The Martin, all-cash investors and buyers are grabbing what's left. With 90% of Las Vegas high rises being purchased all-cash, it may be the safest real estate investment nationwide.
Ashley McCormick of Realty One, The #1 company in Nevada for Las Vegas real estate, says that a complete sell out of all new units is not unlikely. McCormick specializes in high rise condos for sale in Las Vegas and say TRUMP Las Vegas is still undervalued. TRUMP hotels condos for sale in Vegas start at $225K making them the lowest prices globally in their line. McCormick says one unique factor for these properties is that a private investor is offering private financing now with cash-buyers looking to finance 50% of the value.
With its 24-karat gold front, the 64-story tall TRUMP Las Vegas tower shines in the Las Vegas skyline. The 64-story tower holds 1,232 furnished guest suites and 50 luxury Las Vegas penthouses with floor-to-ceiling windows offering some of the best views on the strip. LasVegasRealEstate.org indicates that this distinctive property is seeing a record number of buyers as investors, many purchasing with cash, are grabbing units to take advantage of the prestige and ambiance that comes from owning a piece of the TRUMP name. These properties are at an all-time high demand, and interested investors need to move quickly to ensure they can get their own piece.
The Las Vegas Convention and Visitors Authority estimates that there are around 42 million visitors in Las Vegas each year. This represents a market for the savvy investor, who can purchase Las Vegas real estate and capitalize on these visitors. With units starting a just above $225k, the five-star luxury condo hotel offers one such investment opportunity. With five-star amenities, fully furnished residences and a close proximity to the Las Vegas Strip, not to mention clear views of the Vegas skyline, TRUMP Las Vegas fits the need of these types of investors lookin for Las Vegas high rise condos.
With the recent announcement of the $9 billion Genting Group project, the Resorts World Las Vegas mega-resort, McCormick indicates that smart investors are continuing to gamble on Vegas real estate. This 87-acre destination resort on the Las Vegas strip will drive greater numbers of visitors to Las Vegas, thus creating an even greater demand for five-star resort condos like those in TRUMP Las Vegas. The Genting Group project, set to open in 2016, is the first mega resort built since the real estate crash, and its addition to the Las Vegas community will drive up property values and help high rise buyers find a market for their properties. As the Genting Group has shown, Las Vegas is the place to be when investing in real estate.
For the savvy investor, TRUMP Las Vegas condos for sale makes sense as the benefit of the Trump brand is not something that can be duplicated. It sits in a preeminent location in Las Vegas and offers owners unparallel views. Five-star amenities, such as white-gloved valets, an exclusive pool and a state-of-the-art fitness center, make this location stand out from its competitors. The sheer cost of reproducing everything found in TRUMP makes duplication practically an impossibility according to McCormick. More information in investing in Las Vegas high rise condos for sale in TRUMP Las Vegas and other similar properties can be obtained by contacting Ashley McCormick at 1-702-523-0916 or visiting www.LasVegasRealEstate.org to search active Las Vegas real estate listings.
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Media Contact: Ashley McCormick, Las Vegas Real Estate | LasVegasRealEstate.org, 406-600-3733, firstname.lastname@example.org
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