That new Las Vegas high-rise condo smell – Part 1 of 2 – Palms Place (MLS Inventory Update and Pictures)
Posted by Luxury Realty Group - March 18th, 2008
Categories: High Rise Condos
Hey you, United States economy! We’re sick and tired of your doom and gloom. We’ve waited for over two years to peak a glimpse inside Palms Place and Trump International Hotel and Tower. This is Las Vegas’ moment, celebrating the opening of two new and exciting buildings that cost nearly $2 billion to build. And we’re going to enjoy our moment, even if you won’t lend anyone money to buy one.
For the first time, I recently toured both Palms Place and Trump International Hotel and Tower. What’s better than buying a new car and enjoying the new car smell? Walking into a billion dollar building and getting that same sensation.
Rather than sensationalizing the good news like some like to sensationalize the bad news, I’ve simply added a light description, a few photos, and the latest MLS stats for each project. The units are sexy, refreshing, and fun. Quality felt good and the views worked just fine.
See the Trump Tower Blog Here (with MLS Inventory and Photos) Part 2 of this series.
Part of the lobby of Palms Place
The entrance to Drift Spa which also features Vegas’ first hamman
Las Vegas just added two very different, top-tier condotel buildings to its repertoire. KUDOS to Maloof and Trump. Each project appeals to its own niche audience.
One bedroom floor plan – living area
One bedroom floor plan – kitchen
Want to learn about some of the celebrities who purchased in Palms Place? (See Link – hint – Jessica Simpson, Hulk Hogan, and Eminem)
One bedroom floor plan – master bedroom and bathtub
Palms Place Description
Palms Place is a condo hotel project standing 47 stories tall on Flamingo Ave, adjacent to the Palms Casino and Fantasy Tower. There are approx. 599 fully furnished units. The development includes floor plans ranging from studios to penthouses. Certain units have a balcony with views facing the Strip, or the mountains. Penthouse units also come equipped with private balcony pools. Amenity list includes: pool, spa, valet, 24-hour room service, and a moving walkway called the SkyTube, connecting to the Palms Casino.
Studio floor plan – living area and bed (features two plasma tvs)
Studio floor plan – kitchen
Palms Place latest MLS Inventory (as of March 26, 2007)
Resale listings at Palms Place are now hitting the market. As of March 26, 2007 only five are listed, all of which face the Strip. Prices range from roughly $700k to over $1.5 million, the unit listings include three studios and two one-bedrooms.
Would you like to own property at Palms Place? It should be interesting to watch how much inventory hits the resale market at Palms Place and Trump International over the next 6 months as condotel financing has become more difficult to come by. Will prices fall like Signature at MGM Grand? Only time will tell.
The famed LA Sunset Tan inside Palms Place
This room is perfect for a day of healing after a night of partying
Aaron Auxier is your inside source to Palms Place
Aaron Auxier (see bio) has earned the nickname “Hollywood’s Connection to Vegas” for his Los Angeles entertainment background and Las Vegas connections. He is responsible for selling some of the most glamorous penthouse and luxury high-rise condominium properties in the history of Las Vegas.
Aaron Auxier, REALTOR®, ABR can be reached at 702-205-1818.
Luxury Realty Group is recognized by the press as a leading brokerage on the Strip. They can be seen on networks and in publications such as CNBC, Forbes Magazine, Details, Wall Street Journal, The Review Journal, Los Angeles Times and USA Today.
Copyright © 2008 Aaron Auxier. All Rights Reserved.
Disclaimer: All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive.
Luxury Realty Group, can be reached at .
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All information in this blog is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See DISCLAIMER.
Copyright © 2008 Luxury Realty Group LLC. All rights reserved.