No money to buy a luxuy Las Vegas condo due to the tightened credit market and increased down payment? A new idea for a local Las Vegas real estate developer has come up with a solution for a slump in sales, rent unsold condominiums.
Now you can live like a king on a smaller budget. Trump Las Vegas will lease their furnished upscale apartments for up to one year. If all goes well, other developers could jump on the bandwagon. Slowed or stalled sales at future condo hotels including units at MGM Mirage Project CityCenter could follow.
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Tahiti Village Las Vegas timeshare by Consolidated Resorts on Las Vegas Boulevard sees new construction for its second tower of its $135 million flagship timeshare rental in Las Vegas real estate. The tower will be 10 stories with 284 units.
The second phase will be decorated and designed to the same standards of the 154 units in the $60 million first phase, Consolidated Chairman Michael Kaplan said. General contractor is Martin-Harris.
The 1,083 timeshare units should generate an estimated $1.5 billion in sales.
Continue reading Tahiti Village Las Vegas Timeshare Starts New Construction
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