Corporate investors spent $1 billion on Las Vegas real estate this summer, leading the nation in investor activity with a 27.9% increase in purchases during the third quarter, according to Redfin. With an average home price of $420,000 and investor ownership in Clark County estimated at 15%—rising to 25% in areas like North Las Vegas—demand for high-yield properties remains robust.
Outside the investor market, average everyday buyers have been exploring owning condos on the Las Vegas strip and condo hotels, offering a seamless blend of personal use and investment, are perfectly positioned to capitalize on this growing interest in Las Vegas real estate. These fully furnished units starting at just $275,000 offer resort-style amenities such as pools, spas, fine dining, and concierge services, while allowing owners to generate income by placing their units in professionally managed hotel rental programs. Popular properties like Trump International Hotel and The Signature at MGM Grand attract buyers seeking flexibility and strong returns in the thriving tourism market.
Trump International Hotel Las Vegas: The Gold Standard of Condo Hotels
Standing tall just off the iconic Las Vegas Strip, Trump Tower Las Vegas Condos sets the benchmark for luxury condo hotels. This 64-story golden tower offers 1,282 elegantly designed studios and suites, including one-bedroom and penthouse units. Fully furnished with high-end finishes, units feature Italian marble bathrooms, Sub-Zero appliances, and floor-to-ceiling windows showcasing stunning views of the Strip and surrounding mountains.
Owners at Trump Las Vegas enjoy access to world-class amenities, including a heated outdoor pool with cabanas, a state-of-the-art fitness center, a full-service spa, and fine dining at the on-site restaurant, DJT. A hallmark of this property is its impeccable service, highlighted by a dedicated concierge team and a private owners’ lounge.
Uniquely positioned as a condo hotel, Trump Las Vegas allows buyers to place their units in a rental program managed by the hotel. This model appeals to investors seeking a seamless blend of luxury living and passive income opportunities. In 2024, the property continues to attract buyers worldwide, drawn to its reputation for elegance, convenience, and strong rental returns.
There are currently 14 Condos on the market starting at $275,000 and a rare penthouse unit just entered the market at $1,900,000.
The Signature at MGM Grand: A Seamless Blend of Comfort and Convenience
The MGM Condos for sale is another standout in the condo hotel market, offering a distinct blend of resort-style amenities and investment potential. Comprising three 38-story towers with 576 units each, The Signature provides owners with access to the expansive MGM Grand complex, including its pools, entertainment venues, and renowned dining options.
Units at The Signature are fully furnished, with kitchens, spacious bathrooms, and private balconies in select units. Residents benefit from 24-hour concierge services, valet parking, and in-suite dining options. The property’s rental program is a significant draw, allowing owners to generate income when their units are not in personal use.
In 2024, The Signature continues to see strong demand, particularly from buyers seeking a hassle-free vacation home with access to some of the best amenities Las Vegas offers. Its central location and proximity to the Strip further enhance its appeal.
The Growing Appeal of Condo Hotels Across Las Vegas
The condo hotel market in Las Vegas extends beyond Trump International and The Signature. Properties like Palms Place, Platinum Hotel, and Vdara at CityCenter contribute to the city’s diverse offerings. Each development caters to a specific lifestyle, from the boutique luxury experience at Palms Place to the eco-conscious design of Vdara.
Key Features of Las Vegas Condo Hotels:
- Turnkey Living: Fully furnished units with high-end finishes.
- Revenue Potential: Opportunities for passive income through hotel-managed rental programs.
- Luxury Amenities: Pools, spas, fitness centers, fine dining, and concierge services.
- Prime Locations: Close proximity to the Strip, entertainment venues, and dining.
In 2024, condo hotels are increasingly attracting international buyers and investors, cementing Las Vegas as a global hotspot for high-rise living. These properties offer a unique opportunity to own a piece of the city’s luxury real estate market while generating income and enjoying world-class amenities.
Four Seasons Private Residences Las Vegas: Redefining Luxury Living
While condo hotels dominate the high-rise market, the Four Seasons Private Residences Las Vegas represents a new level of opulence in the city’s real estate landscape. This $1 billion development, located in the prestigious MacDonald Highlands community, is redefining high-rise luxury.
Featuring 171 units across two towers, the Four Seasons offers residences ranging from 2,279 to 8,349 square feet, each designed with expansive terraces, outdoor kitchens, and private pools for select units. Residents have access to resort-style pools, a wellness center, private chef services, and exclusive membership at the DragonRidge Country Club.
Sales have surpassed $500 million since launching in May 2023, with more than half of the units already sold. The development’s crown jewel, Penthouse B, is listed at $31.55 million, making it the most expensive high-rise residence in Las Vegas history.
Las Vegas: A City on the Rise
As Las Vegas continues to evolve into a luxury real estate powerhouse, the thriving condo hotel market and groundbreaking developments like the Four Seasons Private Residences underscore the city’s appeal. With its unique blend of world-class amenities, strategic investment opportunities, and iconic skyline, Las Vegas is cementing its reputation as a premier destination for high-rise living.
For more information on Las Vegas condo hotels or luxury developments
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