For investors and potential homebuyers who are looking for luxury Las Vegas homes may be the answer. Whether located in Summerlin, along LV Boulevard, or Anthem in Henderson, luxury homes for sale are located in many ideal communities around the valley.
Condominiums in Summerlin Las Vegas
Thinking of Summerlin usually conjures images of single-family homes in the suburbs. However, the condominiums at One Queensridge Place are some of the most luxurious residences in the whole area.
As an updated take on Art Nouveau art and architecture, these condos are magnificent and the quintessential example of the type of lifestyle that can be provided by Vegas multi million dollar homes.
Downtown Lofts for an Upscale Life
Vegas has a vibrant downtown with equally vibrant lofts for a lifestyle of urban luxury. Developments like Newport Lofts and SoHo Lofts offer traditional yet sophisticated condominiums that are perfect for young professionals.
Located near the World Market Center, the downtown arts district, Lou Ruvo Brain Institute, and future home of the Smith Center for the Performing Arts, these condos are literally in the heart of the city.
The downtown area is truly up and coming. Don't believe me? Go visit the artwalks and coffeeshops to see what I mean. Downtown is teeming with culture, shopping, and educational opportunities. It really is no wonder that so many of the young urbanites are flocking to this area.
Living on LV Boulevard
Another option for a luxurious life in the city is to consider the several Las Vegas high rises located along The Strip. The condominiums at CityCenter are just as impressive as the CityCenter skyline.
And speaking of sky, Sky Las Vegas is another condo development on The Strip that features modern architecture and a full host of amenities for a sophisticated lifestyle.
Once-in-a-Generation Investment Opportunities
Some analysts predict that home prices will begin a gradual increase as early as 2011. Others take a more pessimistic view and say that 2012 is the date when the market will begin to recover.
However, this September 2010 Business Week reported that thousands and in some cases, millions of dollars, have been slashed from the prices of condominiums in markets like Vegas and Manhattan. The same article referenced a report from Sotheby's International that said the luxury real estate market hit bottom back in 2009.
In light of this report, it is unlikely that the prices of luxury homes will drop lower than where they are now. As the economy improves and attention to Las Vegas high rises increase, the city may soon face a shortage of high rise condominiums (see the September 9, 2010 article, "Second Homes: Las Vegas Condos for Sale," from USA Today).
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