The Platinum Las Vegas
The Platinum Las Vegas condo hotels offer a unique opportunity to buy a luxury condo in Las Vegas at a rock bottom price. Located minutes from the Las Vegas strip, just a block east of Balley’s and the Bellagio, these fully furnished condo hotels have declined so severly in price since the Great Condo Craze of 2004-5, that they are now priced way below duplication cost. Despite this huge price drop, the strip area condos at The Platinum Las Vegas are not for everyone due to the tower’s unique restrictions. One is that owners cannot stay in their units for more than 29 days in a row due to zoning regulations. Another is that The Platinum has a policy of charging and extra fee of about $750 per month for units that are not placed in their rental program, so buyers should become familiar with the fees and charges at The Platinum Las Vegas prior to purchasing. This $750 per month fee is in addition to the monthly HOA dues that range upwards of about $550 per month.
The Platinum Hotel-Condos are priced from the mid $100k range. The Platinum has a variety of 1 bedroom condos for sale – some have strip views and and other mountain views. There are 1 bedroom Solitaire florplans and the larger one bedroom is called the Princess. The Solitaires are less expensive but do not include the fireplace appliance and washer dryer that the Pricess condos have. A few of the condos have double Queen beds in the master and others have King Beds. All have sofa sleepers in the living room & the finishes are very upgraded.
