Anthony
Phillips, co-owner of Luxury Real Estate Management, just sold Nevada’s highest
priced condominium per square foot since 2010. The 599-square foot luxury
condominium was sold at the Cosmopolitan Las Vegas for $675,000, a record of
$1,126.88 per square foot. This one
bedroom residence is on the 56th floor and offers views of Bellagio, Veer
Towers and Aria Resort and Casino.
“Cosmopolitan
condos offer some of the best views of any property on the Las Vegas Strip and
are the only condo opportunities with balconies on the Strip,” said Phillips.
“Our office was honored to be chosen to represent this residence and are
thrilled with the sale results. This particular condo sold for two to three
times the price per square foot as other condos-hotels in Las Vegas.”
This
Cosmo condominium features an expansive private terrace and telescoping doors
separating the urban-inspired living area from a spacious bedroom. It has a
decadent bathroom featuring marble tile and an authentic Japanese soaking tub.
Cosmopolitan
condo residents enjoy the property’s world-class restaurants, nightlife,
shopping, and benefit from easy access to the Bellagio Hotel and Casino and
MGM’s CityCenter. For sale condo inventory is extremely low due to the fact
that fewer than 20 condos are owned by private owners with the remaining condos
being kept by the developer for hotel use. Cosmo condo owners can elect to
place their residences in the hotel program to earn revenue.
About
Luxury Real Estate Management
Luxury
Real Estate Management is a leading luxury real estate and property management
company providing a wide range of services including real estate sales,
marketing, leasing, property management and investment analysis. Specializing
in Las Vegas’ loftiest addresses, Luxury Real Estate Management is the
single-source comprehensive solution for clients’ real estate needs. For more
information about Luxury Real Estate Management, contact Anthony Phillips at
anthony@lvluxpm.com or at (702) 482-8885, or visit www.LvLuxPm.com
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