Who Primarily Lives On Strip VS. Off Strip?
When it comes to living in a luxury high-rise condo in Las Vegas and/or Henderson, there’s several factors to consider. While developers will tell you everything you want to hear, it’s my job as a real estate agent to inform you. For instance, did you know Vdara and Palms Place are not a true residential buildings but instead condotels? Do you know the difference and how that affects the type of vibe you might encounter when staying in your hot, new place? These are just SOME of the ways I help consumers of luxury real estate make informed decisions.
Today’s discussion, however, is about the type of condo buyer TYPICALLY to be found on off-Strip versus on-Strip condo projects. Firstly, there’s only three true PURE Strip high-rise condos: Waldorf Astoria, Veer Towers, and Sky Las Vegas. Communities such as Panorama Towers, Allure, and Turnberry Place are NOT direct-Strip locations. Some like to claim they are, but they are not. Doesn’t mean they’re not great buildings, just means they’re not true Las Vegas Strip developments.
So Who Purchases On Strip VS. Off Strip?
A good portion of owners of high-rise condo buildings with direct-Strip locations are second-home buyers. They typically use the properties to: flip, rent out, or vacation in. That’s not to say everyone who owns a Strip condo unit doesn’t live there, however. My main point is that those who own units in properties such as One Queensridge Place or who’ll be interested in the new Pinnacle Residences condos for sale are PRIMARY-residence-minded people. How this affects the vibe inside the projects is important, it’s a less transient atmosphere. I hope that helps. Thanks for reading LUXE BLOG.