Take a piece out of The Strip
Banff couple buy into Turnberry Towers project in Las Vegas
TLAS VEGAS, NEV. hink Vegas and it’s easy to envision glitz, glamour and style. And that’s before you even step on The Strip.
With Las Vegas’ real estate market just beginning a slow recovery, the city is attracting Canadians interested in all that Vegas has to offer — entertainment, good weather, and good value for their Canadian dollars but wrapped up in a contemporary and luxurious residential package.
Louis Brio is one of many Albertans who has bought a home south of the border, in this case choosing to purchase a second home in Vegas.
Three years ago, the Banff resident and his wife Sophie bought a penthouse level unit in Turnberry Towers, a condo complex that provides the quiet ambience of being away from the Vegas strip, but is still a quick trip to big name entertainment acts the family of four likes to see.
“We’ve seen Madonna, Elton John … they all come to Vegas,” says Louis.
And the couple did its homework before buying.
While also considering other U.S. locations like Arizona, Louis Brio said they decided on Vegas as a good central location to other destinations, as well as offering strong value and a low maintenance housing option.
“We go down on short notice and we did not want the maintenance of a home in a gated community.
“And while Vegas may not be the warmest of some of the locations we considered, it has the entertainment and activity options we wanted,” he says.
The Brios looked at 24 to 30 properties in Vegas over a one year period and then chose the Turnberry.
“It is far enough off the strip so that we are not caught up in the crowd that tears it up every weekend, yet we can get there in three minutes by monorail.
“We wanted privacy, not noise,” says the 49-year-old Louis.
They also got great value. As someone who has been in the lodging industry, Louis says construction quality and finishings were important to him and “Turnberry went the extra mile.”
The Brios’ unit has two private master bedroom suites that provide room for their large extended family.
“The value you get down there, you can’t build for up here. The U.S. dollar is so low — but it isn’t always going to stay that way.”
Prices for some units are as much as 55 per cent lower than when originally launched.
There are four floor plans with prices starting at $218,000 US for a one-bedroom, 1.5-bath condo at 814 square feet to twobedrooms, two-baths starting at $361,000 at 1,405 square feet; two bedrooms, two baths plus den starting at $377,000 for 1,660 square feet and three bedrooms and 2.5 baths starting at $690.000.
Outdoor living space on unit terraces can add as much as 324 square feet, depending on the unit.
A living room in one of the show suites.