As we enter 2008 knowledgeable real estate brokers including us at Luxury Realty Group, consider the current Las Vegas Luxury High-rise market to be an exceptional opportunity for those willing to buck the negative sentiment coming from the mainstream media.  Read on for our current top 5 list of best buys now.  We will list in ascending order based on price.  We are dealing with the resort corridor, this means prime Strip area only.  It is our opinion this is the only to place invest.  At Luxury Realty Group and the Garcia Group, this is our area of specialty. http://www.vegasluxuryliving.com/

Here we Go.

#1.  Unit #1014 Signature at MGM Grand

This is a turnkey, fully furnished 1Bedroom unit with a view balcony, it is the lowest priced 1 bedroom unit with a balcony in 3rd Tower at Signature.  These Signature units are perfect for someone who wants a piece of Las Vegas and also desires rental income as these units can be placed in the rental pool with the management office at Signature.  This tower is attached to the MGM Grand and walking distance to some of the best entertainment and dining in the world!  List price, $649,000

#2. Unit #1308 SKY Las Vegas 

This is a fully furnished corner suite with world class views down Las Vegas Blvd.  This tower is the only luxury high-rise currently located directly on Las Vegas Blvd.  It is located across the Strip from the under construction, $3 billion Fontainebleau Resort.  SKY is also surrounded buy land that was recently purchased by MGM Mirage. According to MGM executives, a large portion of this parcel is slated for development in the near future.  The point here is that SKY Las Vegas is in a great location!  In addition to Fontainebleau, the $5billion Echelon and the $5billion Plaza are under construction or in grading stage just up the Blvd. Unit #1308 is the lowest priced southeast facing corner suite on the market in this beautiful blue glass tower.  List price. $949,000

#3. Unit 1402 Tower 3, Turnberry Place

This is a huge 2800 sq. ft. front to back unit with 2 view balconies, The current owner is an acclaimed bass guitarist, and it shows. The ultra high-end finishings display his love of music. Grand piano, spectacular sound system, photos of Bill and Hillary!  The guitar collection on the living room wall is reportedly worth several hundred thousand dollars and is negotiable in the deal! This 3 bedroom unit is in the complex that brought luxury high-rise living to Las Vegas.  Turnberry Place.  Owners in Turnberry Place enjoy membership in the most exclusive private club in Las Vegas, the Stirling Club.  List Price, $1,465.000.

#4. Units 4502,4504 and 4508, "Penthouse" Turnberry Towers

These 3 units are on the Penthouse level of the just completed Turnberry Towers.  They are side by side units and present an incrediable opportunity for the right buyer to assemble almost 5000 sq ft of Penthouse grandeur! These 3 units represent 50% of the Top floor in this beautiful new tower.  Turnberry Towers is setback from Las Vegas Blvd just enough to provide what we consider to be the best Strip views available today! This is a one of a kind opportunity not likely to be replicated in the Las Vegas luxury high-rise market.  Engineering and architectural plans for the consolidation of these 3 units are complete and available.  List Price approximately $4,000,000.

#5. Unit 4302 SKY Las Vegas

This 3 story Penthouse unit on the West facing corner of SKY is the only multi-story luxury high-rise unit currently available in the Las Vegas market.  It has soaring glass walls, interior elevator, outdoor kitchen and sauna on the roof level and numerous other one of a kind amenities.  At just over $1000 a Sq. ft.  This property compares with the product being sold at MGM CityCenter in towers like Mandarin Oriental and The Harmon Hotel.  Prices for quaility penthouse units in CityCenter, are selling for over $2400 as sq. ft.  This places unit 4302 SKY Las Vegas at the top of our best buy list for January 2008.  List price $5.490,000.

This list represents our personal top 5 for January, 2008.  The fact is we are in a tremendous buyers market!  We have recently placed clients in units for hundreds of thousands of dollars less than they would have paid a couple of years ago.

Contact Tom Garcia or Amy Garcia for more information on the above great deals, or hire us to work for you if you have specific needs or desires for property in the prime Strip area of Las Vegas.

Tom Garcia Direct (702) 350-6355

Amy Garcia Direct (702) 994-3850 

We are Tom and Amy Garcia of the Garcia Group.  www.VegasLuxuryLiving.com  We work for the #1 High-Rise Brokerage in Las Vegas. Luxury Realty Group.inc

"Your Premier Las Vegas Strip Consultants"

"Selling the Luxury lifestyle is our Passion"

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