Las Vegas Condos

Las Vegas Condominiums

In a condominium development a resident owns the individual unit plus an undivided interest in the common elements such as the club house, pool and park areas. The rules and regulations for the community are set by a Home Owners Association (HOA) which, in turn, hires a management company to attend to maintenance of the property and buildings. The HOA consists of residents elected by the owners, and regular monthly meetings are held. Owners contribute a monthly association fee to cover all costs involved in the running of the association. Monthly fees cover maintenance, insurance on the building (not the contents), and water.

Condo living in Las Vegas offers many advantages:

• The association handles the upkeep of the community.
• You may leave your condo for extended periods without worry
• Pools, exercise rooms and clubhouse facilities are available
• Condo communities are often gated for extra security

The most commonly found condos in Las Vegas are two-story structures containing up to eight units, four on the lower level and four more on the second floor. Buyers will find that second-floor units often carry a higher price because of views.

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Although two-bedroom units are the most common, 1-bedroom and 3-bedroom units are available.

In addition to the typical 2-story units single story, mid-rise, high-rise and apartment conversions units are also available.

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