That’s an interesting conclusion.
They also have HOA fees. Building related HOA fees will be lower because maintenance costs rise with every floor. Everything else is basically the same though, you still need to pay for security, landscaping and people taking care of the amenities. Labor costs for a place like Meridian are certainly >100k/month?

Yea that make sense. So anyone here currently live in a high rise condo in vegas? Few people mention they use to or use to own one or currently own one but i mean currenting living there.


Also, why is it when you check airbnb and rental sites, the renter doesn't seem to charge that month for rent at these high rises? I mean how much is a standard studio/1bd/2bd in vegas for rent nowdays? Because i was a bit shocked a while back when i saw airbnb site, some people advertise monthly rent for something like at palms place in vegas for like 1800 or even less. I remember someone advertise meridian condo monthly for like 1500 or so which surprised me because that isn't that much more than certain extended stay places etc.

So the people who rent these high rise condos for 6 months or a year, I got to assume the owners who rent them... barely make much profit right? Always heard these vegas high rises on the strip... you barely break even at best.



But has anyone here recently lived in one of these high rises recently or currently live there? I did recall there are those medium high rises like meridian condos which seem a bit more reasonable.



But it does seem like waste of money paying for one of these... and the HOA is basically rent prices etc.

Do you have an elaborate script running that posts basically the same questions every couple months?

I wonder if he ever got a new monitor.

LOL

I'm pretty sure Esfandiari and Robl were in the Panorama or Martin (they are next to each other) and Bellande was in the Mandarin (now Waldorf Astoria). According to Redfin.com HOA fees at Panorama for roughly 1,100 sq ft is about $800 per month. For the Waldorf a similar sized condo of 1,100 sq ft will set you back about $1,500 per month in HOA fees.

Yes, HOA fees are getting close to rent, in part to discourage renting out units in Luxury Buildings.

I'm guessing some reasons to live in High Rise Luxury Building is because you split your time between several locations and the convenience of having maintenance taking care of as well as security are worth the expense.

There are for sure a LOT of downsides to Luxury High Rises and HOA's in general. Owning a home has it's own unique challenges as well, like regular maintenance.

PaulyJames, I agree that the luxury high rises are probably better suited to single folks or couples with no kids who like to travel a lot and want to be near "the action".

Well I think the security probably is one of the most important things there. Would you agree these high rises are much pretty as secure as possible? I know there is gated communites in vegas but obviously that is no where like a high rise.



That doesn't seem that bad for panorama a month though for that much square foot. But its still like paying close to rent prices.



Someone had mentioned they didn't like it much because you couldn't like put a new bigger tv or change the whole setup of the place. Is that still true today? Someone in thread said they wanted to put a bigger tv as oppose to the current one in the place. I did remember Robl in one of those cribs from years ago, he had a nice computer setup even back then at his place.



Also if someone orders a ton of things online like from Amazon, do they basically sign and hold your packages for you each time? Obviously you give them money when the holidays come along but I got to assume they don't expect money every few days or so? Someone had mentioned they didn't haves self parking and valet only... and obviously having to wait each time for valet but expecting to give the guy each time would be adding up in costs. But of course if you living there, that probably wouldn't be a concern.



But in terms of value, which one is probably the best in vegas now? I know veer towers is very expensive. I heard about allure and turnberry towers. But if you were to rent on the strip, you still pretty much need a car for groceries right? Back when I was in vegas years ago, I don't really remember seeing many big grocery stores on the strip. I remember an albertsons but it was a short drive from the strip etc.



Also I seen videos of places that are like mid rise condos like boca roton on youtube etc. Those obviously cost much less and HOA is much less. But does anyone here live in those condos here?

Supermarkets will deliver groceries right to your door......

Well I didn't think about that. But I rather go grocery shopping myself.


But anyone else who one of those high rise condos can give their opinion on it? Are there issues renting it out if you aren't going to be there?


Any experience on those mid rise condos like meridian or boca roton? I know the latter is farther from the strip etc.

OP would be rich by now if he pulled the trigger on ANY condo when he initially asked this. And he wouldn't have had to upgrade his TV, either. Cost savings are cost savings.

Thanks for the laughs during this multi-year RE epic.

I don't really get why you all reject extended stay places offhand. Siegel suites is a great place to get for a few months while you take your time finding something more permanent. They include every utility and every service and you can pay anywhere from a day to several month and get increasing discounts. Last time I moved here I moved to one, and I ended up staying there almost a year. They're perfectly safe too, lol. I mean they probably have a higher proportion of minorities then high rises in paradise but if you can get but that they're fine.

Does anybody have any thoughts on the noise or other aspects of The Ogden? I'm considering a high rise, and I like the being right at Fremont for degening and hitting the Nugget 1/2, but I'm worried about the noise from Fremont. Considering something 20+ floors up, but it does face southward towards Fremont.

(I don't care about HOA/fees, etc. Solely looking for info on non-fee related issues.)

Barring that, any other high rises people really like? I feel like personally would benefit from many aspects of the high rise condo. I like large windows and the view from up high, and I hate doing any maintenance myself, so a high rise condo seems like a good fit.

I'm also secondarily looking at non-high rise regular condos, generally around Summerlin. (I'm split between a high rise right where the action is, and a nice home that makes me feel like a normal human person. The Meridian might be a happy medium. Who knows, I'm still deciding..)

Rented a southern facing unit on 10th floor a few years back. Live a few blocks from Times Square, and are used to sleeping with ear plugs.

We like the Ogden a lot, but the noise from the nightclub Inspire on the corner of LV Boulevard and Freemont is a deal breaker. Based on how loud it still is on the pool deck getting further up probably doesn't help.

North facing units, OTOH, are perfectly fine.

Was watching few youtube videos on this and apparently lot of people seem to rent or buy condos but in summerlin or las vegas country club? Also saw one on boca raton that seem to be mid rise and the hoa fees here seem to be ton less than the ones on the strip. Also seem to be many downtown as well.



Has anyone either rented there or owned property in those condos? Anyone know much about meridian condos which is bit close to the strip and doesn't seem that expensive in term of rent compared to other places?

A couple of years ago, we were remodelling our Henderson house and getting new flooring done. We rented an extended stay for 30 days or so at Copper Creek on Bermuda very close to SouthPoint, The place only got 2 or 3 stars, but it was fine, nice furnished apartment, pet friendly

Oh, hi Pauly, how's that search for a new monitor coming?

Hey guys
I've been going to Vegas for roughly 15 years. Usually staying around 3 to 4 weeks.

Back in the day it was pretty comon for me to either Stay at the now defunct IP or on ocasion I was able to find decent close to the strip condo sub-leases here on 2p2.

My last time was Xmas and NYE 2019 just before Covid hit and I stayed at an hotel for decent value. Now I'm planning on going end of October to end of December and the prices are sick expensive like WTF. I'm also having trouble finding month to month condos near the strip that are not total dumps or in shady areas. Any recomendations on how to go about this. As a reference I'm looking at something like Panorama, Meridian etc... With a flexible 1.5-2k budget per month.

I'll be playing 90% PLO so I guess Mostly Aria

Thanks in advance
Piu

A normal 1 bedroom apt in vegas is 1600-1800 now. You expect a luxury high rise for that price? Lol this isn't 2012

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1. Make your budget way more flexible like $2000 to $3500 per month
2. Some buildings, like Panorama or Meridian might have a 6 month minimum rental
3. Definitely check AirBnB as some folks will still rent places in higher end buildings like Martin, Panorama, Turnberry, Veer, etc..even if the building requires 6 months, owners might be willing to work something out

Bets of luck with the search, life in Vegas has definitely become way more expensive in the past year.

HOA's have cranked their costs back up to where the monthly fees might be almost as much as your budget.

You can't even stay at low end strip property for $1500/mo. Resort fees and taxes for 30days at a place like Circus Circus and the Linq are going to run you +$1200

As someone who just relocated back to Vegas, no place is doing short term luxury leases, unless you work out a deal with an AirBNB host. Even still, cleaning fees for your AirBNB stay over a long term stay is going to crush you even more.

This budget is possible for 4-5 days max, realistically, where you want to stay.

There's no VRBO anymore for condos close to the Strip? That would be disappointing.

Guy I know has studio at Veer (pretty convenient for playing Aria). The rent is $1,800.00 per month, but the HOA fees are $800 per month.

Why would you pay into an HOA if you are renting?