For decades the image of penthouse life has been portrayed in the movies and on television as only an option for very rich and the very famous. In reality this is simply not the truth. There are a range of different prices points for penthouses for sale in Las Vegas with the prices based on a variety of different factors.
As more and more condos and apartments are built, upgraded and fully renovated across the city the number of penthouses for sale in Las Vegas is on the rise. Combining this with excellent mortgage rates, incentives to buy in a still sluggish market and a range of attractive features make a penthouse a very good investment option.
Downtown or Just Out of Town?
The closer to the heart of Vegas you get the more you can expect to see a higher dollar value for penthouses for sale in Las Vegas. Buildings right on the strip, overlooking the city, and with the view of the dramatic landscape around Vegas are always hot properties.
However, this slightly higher price is going to continue to stand regardless of how quickly or slowly the real estate market corrects. In fact, the top prices today for penthouses make the best investment as they will still be higher priced options should you decide to sell in the future.
Fully Customizable
One of the advantages in owning a penthouse is that you have the option to fully customize your living space. There is no one above you and, with most penthouses, you also have the possibility of more outdoors space that you would have in a traditional condo with a balcony.
New buildings may offer you the option to create your own unique design as part of the incentive to buy. With existing buildings there may still be additional options to upgrade or renovate which can be negotiated as part of the sale.
Penthouses for sale in Las Vegas area offer some amazing views, features and options. They overlook the hectic life of the city below, while allowing you to relax, unwind and literally live above it all. For the person that loves the city but likes their own space and quiet a penthouse is a perfect match.
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