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Allure Towers, Las Vegas –Growing Stronger

By: Tony Sena

The Chicago-based Fifield Companies, developers of more than 50 high-rise projects nationwide including Allure believe that this fall-out is a symptom of a very strong and very aggressive market. There is high demand for limited contractor and construction resources, which in turn is driving up construction pricing. Developers, who cannot handle the heat, quit.

This actually makes investment in high rises of Las Vegas an even better investment than ever. The demand is growing while the supply has reduced. This can only speed the price appreciation. Anyone who buys a condo that will actually be built is going to realize an even greater profit. The question is how do you know which projects are going to see the light of day? A recent announcement by representatives from several properties including Allure will probably help you choose.

Developers have formed a marketing alliance, Las Vegas High Rise and Condominium Association and if a project is eligible to be a member, you automatically know it is an authentic project, viable, and under construction. This will probably reassure nervous potential real estate investors. Anyway, buyers should look closely at any developer’s experience and financial strength and find out if they have contracted a general contractor. Confirm that the project is truly under construction to help evaluate its viability.

Allure meanwhile is growing well. Construction is well underway on Tower I, and residences in Tower II have recently been released for purchase. With 404 residential units, Allure on the North Strip is a luxury project priced from the mid $400s up to $4 million. Strategically located on Sahara Avenue, Allure will be a premier residential landmark in Las Vegas offering an unparalleled choice for homebuyers seeking an exciting lifestyle.

The two magnificent 41-story high-rise condominium towers will have floor-to-ceiling walls of glass and private balconies. It will be like living among the clouds! The homes have 15 distinct open floor plans with a choice of studio, 1, two and three bedroom homes, ranging from 671 to 4,400 square feet. Owners can look forward to European style wood cabinets, granite countertops, marble flooring, entertainment islands and stainless steel appliances.

Common facilities include a lush landscaped garden and an outdoor pool at level six, surrounded with 36 private cabanas. Plans include a rooftop spa looking over downtown Las Vegas and a spectacular lobby entrance with custom stone and wood finishes. Security is high with modern surveillance and monitoring systems.

Investors can lock in a price with a reservation and then decide over a few weeks whether to move forward and purchase the unit. There is a very good chance that a resale program will be available once both towers are sold out, giving you the option of putting your unit on the market for sale before closing and making a neat profit.

Allure has an exciting new offer for investors called Allure-Now! This five-star concierge service allows Allure purchasers to enjoy the Las Vegas lifestyle - now - while their residence is built. Allure Now's services include, but are not limited to aircraft or yacht charter, party planning babysitting, car rentals and show reservations!

Article Source: Main Articles

Tony Sena of www.las-vegas-nevada-real-estate-relocation.com is a full service real estate agent specializing in relocation to the Las Vegas Valley. Tony has lived in Las Vegas for 29 years and is a former Henderson Police Officer. He is very knowledgeable of the area and has over 5 years experience, making him an experienced real estate agent you can count on.

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