When you are in the market for a condominium in Las Vegas, you have several locations in which you can buy or rent a condo. There are several luxury condos in CityCenter Las Vegas for sale. Some are associated with the larger hotels on the Strip, while others are stand- alone properties. While there are some advantages to living in a condo associated with one of the luxury hotel chains, there are several disadvantages as well.
Advantages to Condos Associated With Hotels
Some of the largest luxury hotels are located in Las Vegas and they offer several amenities to guests who rent rooms while in the city on vacation and for those living in their condos. Those who purchase luxury condos in CityCenter Las Vegas for sale on hotel property have full access to what the hotel offers its guests. These amenities may include:
- Onsite Hotel Shopping
- Access to the Casinos
- Access to the Hotel’s Swimming Pools
- Onsite Hotel Dining
Along with access to the hotel amenities, luxury condos in CityCenter Las Vegas have separate amenities that are exclusive for those living in the condos. These amenities may include:
- Private Fitness Center
- Private Swimming Pool
- Outdoor Spaces for Entertaining
- 24-hour Concierge Service
Disadvantages to Condos Associated With Hotels
The biggest disadvantage to luxury condos in CityCenter Las Vegas for sale on hotel properties is the lack of privacy. While you can take advantage of what the hotel offers as far as amenities, you are sharing the space with tourists and others staying at the hotel. Even if you are using the private condo community amenities, you may be sharing them with people renting a condo for the summer or short periods of time.
Most of the “condotels” (a condo/hotel combination) allow for condo owners to rent out their condo if they don’t live there all year round. This means you may see renters coming and going from the building like they would in the hotel. While you may get to know some of your condo community neighbors, having people renting out the condos means there will be strangers coming and going from the building. That may not be the type of community that you wish to live in.
Another disadvantage are the sizes of the condos available when luxury condos in CityCenter Las Vegas for sale on hotel properties. Most condotels only have studio and one bedroom units available. Privately owned condominiums will offer several different options from studio condos to three or four bedroom condominiums. For people with families, they probably wouldn’t find a condo on the premise of a hotel that is large enough for them to live in.
When selecting a property, you should weigh the pros and cons before buying a condo in Las Vegas.
