The Martin Las Vegas High Rise Condos for Sale Sees Increased Interest After $2-Million Re-Model According to LasVegasRealEstate.org High rise condos for sale in Las Vegas real estate market see over 26% appreciation in less than 1-year due to close out of inventory and all-cash buyers. LasVegasRealEstate.org reports strong sales at the newly remodeled luxury highrise The Martin with prices started at just $350K.
LAS VEGAS, Oct. 3, 2013 /PRNewswire-iReach/ -- The Martin Las Vegas high rise condos has continued to grow in demand after a revamping in 2012. According to LasVegasRealEstate.org, only 21 new units remain for sale and is on track to sell out in the next 7-9 months. Many of the buyers who are investing in luxury high rise condos for sale in The Martin and other Las Vegas properties are investing as all-cash buyers. However, The Martin is one of the few luxury high rise condo communities that offers financing for those who do not wish to pay with cash. Currently available properties start at just under $350,000 to just over $2.5 million.
Ashley McCormick of Realty One, Nevada's number one Las Vegas real estate firm, indicates that the 374 total units in The Martin offer amazing views of the Las Vegas Strip. Of the available units, the best views are found in the "10" units, a handful of condos with 180-degree unobstructed views of the skyline. "The '10' units have the most amazing Vegas views in properties available for ownership," states McCormick, an expert in Las Vegas luxury real estate. All of the properties in The Martin, from the penthouses to the more affordable properties on the lower levels, have 10 to 13-foot ceilings to provide a spacious feel.
The Martin redesign included a completely new lobby, library and garden lounge, as well as a spa with steam room, pool area and fitness center. It also added a new porte cochere. These details raise the standard of luxury living in Las Vegas, and are part of the reason that the few remaining properties will not last long. Intricate details like warm woods and natural stone as well as custom kitchens with Italian-built mahogany cabinetry add to the affluent feel of these properties. Select residences also feature Juliet balconies, floor-to-ceiling windows and roomy decks to maximize enjoyment of the Las Vegas skyline.
McCormick points out 3 important reasons why serious high rise buyers need to consider investing soon. First, there are no current Las Vegas high rise developments under construction and may not be for 5-7 years creating a lack of inventory. Next, out of the 25 existing high and mid rise communities only TRUMP Hotel, Turnberry Towers and The Martin have new units available. Last, is that according to cost-to-build index, all remaining units in Vegas are underpriced as it would cost a minimum $500 a sqft. to build standard Las Vegas high rise condos which gives today's buyers an opportunity to purchase under what it would cost to build new today.
The Martin offers the Effortless Ownership Program for its owners with round-the-clock white glove service and a concierge and valet. Las Vegas penthouses on the top two floors offer spectacular views, and a few of these spacious properties are still available with prices between $1.3 million and $2.5 million. McCormick advises interested buyers and investors wanting to take advantage of the newly redesigned units need to make their purchased quickly while properties are still available. For more information or to set an appointment for a viewing, call McCormick at 1-888-920-2292 or view all Las Vegas high rise condos for sale at http://www.LasVegasRealEstate.org.
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Media Contact: Ashley McCormick, Las Vegas Real Estate | LasVegasRealEstate.org, 1-888-920-2292, info@LasVegasRealEtate.org
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