The Veer Towers are located in the CityCenter complex on the Las Vegas Strip. They are a condo-hotel development featuring two 37-story towers – the West Tower and East Tower – designed by architect Helmut Jahn. The towers are an iconic part of the Las Vegas skyline, known for their striking curved glass design leaning at a 5 degree angle.
Quick Answers
The cost of a condo at the Veer Towers varies considerably based on the size, floor level, view, and amenities. Here are some quick answers on Veer Towers condo prices:
- Studio units start around $300,000
- One bedroom units range from $500,000 to $1.5 million
- Two bedroom units range from $800,000 to $3 million
- Penthouse suites can cost over $4 million
- Units on higher floors with Strip views command the highest prices
Exact prices depend on the unit specifications, tower location, and market factors. On average, expect to pay around $1,000 per square foot. Luxury units with high floor locations and views can sell for upwards of $1,500 per square foot.
Cost Factors
There are several factors that influence the cost of Veer Towers condos:
Unit Size
Unit size is the primary factor determining base condo pricing at the Veer Towers. Smaller units will have lower starting prices per square foot compared to larger units. For example, a 500 sqft studio on a lower floor may sell for around $600-$800 per sqft. But a 2,000 sqft three bedroom unit on a high floor may sell for $1,200-$1,500 per sqft.
Floor Level
Higher floor units command a premium price at the Veer Towers. Units on floors 35 and above have open views of the Las Vegas Strip and surrounding areas, increasing their desirability. Lower floor units may have obstructed views or only partial Strip views, lowering prices. In general, each floor level increase will add around 2-5% to the unit purchase price.
View
Panoramic Strip views are highly coveted at the Veer Towers. Units facing east/southeast towards the Strip tend to be most valuable. North-facing units have less impressive views of surrounding cityscape. West-facing units may overlook the mountains and Las Vegas Boulevard. Expect to pay around 25% extra for unobstructed Strip view units compared to average city views.
Tower Location
The West Tower is slightly more desirable than the East Tower, owing to better positioning towards the Strip. West Tower units achieve higher sale prices for comparable units in the East Tower. The difference amounts to around a 5-10% premium for West Tower residences.
Amenities
Upgraded interior finishes and amenities also increase condo prices at the Veer Towers. Granite countertops, hardwood floors, high-end appliances and custom furnishings will boost a unit’s value over its base price. Access to private pools, fitness centers, spas and restaurants add to the amenity package.
Veer Towers Floor Plans
The Veer Towers contain a variety of condo floor plans to suit different needs. Here is an overview of the typical unit types available:
- Studio Units – Starting around 500 sqft. Open concept living with combined bedroom, living room and kitchen.
- One Bedroom Units – Approximately 650-1,000 sqft. Separate bedroom and living room. Full kitchen.
- Two Bedroom Units – Around 1,100-1,800 sqft. Two separate bedrooms. Full kitchen and dining/living room.
- Three Bedroom Units – Approximately 1,600-2,500 sqft. Three distinct bedrooms with spacious living areas.
- Penthouse Suites – Up to 6,000 sqft. Luxury multi-level units with premium finishes. Often have rooftop terraces.
Floor plans promote an open, modern aesthetic. Floor-to-ceiling windows capitalize on natural light and showcase Las Vegas views.
Veer Towers Prices by Unit Type
Here is an overview of approximate Veer Towers condo prices by unit type and size:
Unit Type | Size (Sqft) | Average Price |
---|---|---|
Studio | 500 | $300,000 |
1 Bedroom | 750 | $700,000 |
2 Bedroom | 1,200 | $1,200,000 |
3 Bedroom | 2,000 | $2,500,000 |
Penthouse | 3,500+ | $4,000,000+ |
Prices account for average floor locations and standard finishes/amenities. Units with premium views, high floors and luxury amenities will sell for significantly more.
Current Veer Towers Listings
Here are some current examples of Veer Towers condos for sale:
West Tower 1 Bedroom
- 752 sqft 1 bedroom
- Floor 25
- Asking price: $580,000
- City and mountain views
East Tower 2 Bedroom
- 1,118 sqft 2 bedroom
- Floor 31
- Asking price: $1.1 million
- Full open Strip view
West Tower Penthouse
- 3,200 sqft 3 bedroom penthouse
- Floor 63
- Asking price: $5.5 million
- 360 degree panoramic Strip views
- Private roof deck
These listings demonstrate current price points for various Veer Tower units and floor locations. Prices will fluctuate based on market conditions.
Veer Towers Prices Over Time
Veer Towers condo prices have recovered significantly from their post-recession lows in the early 2010s. Here is an overview of average sales prices over the past decade:
Year | Average Price / Sqft |
---|---|
2012 | $400 |
2015 | $600 |
2018 | $900 |
2021 | $1,100 |
The Las Vegas real estate market, including luxury properties like the Veer Towers, experienced a sharp decline during the 2008 financial crisis. Prices remained depressed through the early 2010s. The market began recovering in 2015, with prices at the Veer Towers rising steadily over the past 5 years. If current trends continue, expect condo values to continue increasing in the years ahead.
Financing Veer Towers Purchases
Buying a high-end condo at the Veer Towers often requires financing beyond conventional mortgages. Here are some financing options to consider:
- Cash Purchase – The strongest offer, avoiding financing. Requires liquid assets.
- Conventional Mortgage – Up to $750,000 can be borrowed from a bank.
- Jumbo Mortgage – Loans over $750,000. Higher rates/fees than conforming loans.
- Interest-Only Mortgage – Lower initial payments, higher long-term costs.
- ARM Mortgage – Interest rates start low, then fluctuate.
- Maker Financing – Seller finances a portion of the purchase.
- Home Equity Loan – Secured loan using existing home as collateral.
Foreign buyers may also need to arrange financing options compliant with international regulations. Luxury condo purchases are complex – consult professional advisors to explore optimal financing for your situation.
Cost of Ownership at the Veer Towers
Owning a condo at the Veer Towers also involves long-term costs beyond the initial purchase price. Estimate 1-2% of the unit’s value per year for ownership costs including:
- Property taxes
- Homeowners insurance
- HOA fees
- Utilities
- Maintenance and repairs
For a $1 million Veer Towers condo, expect to budget around $10,000-$20,000 per year in ownership expenses. Luxury amenities also involve add-on fees for access and services. These ongoing costs should factor into any purchase decision.
Veer Towers Investment Potential
With its Las Vegas Strip locale and iconic architecture, the Veer Towers offer luxury condos with investment potential. Here are factors to consider:
- Strong potential for long-term appreciation in value.
- Opportunity for rental income through unit leasing programs.
- Developer and management team with proven track record.
- Visually distinctive design attracts the most affluent buyers.
- Competitive shared amenities rival other luxury Strip condos.
The limited availability and high demand for Veer Towers condos helps support healthy resale values. Ongoing transformation of the surrounding CityCenter area also adds to the location’s lasting exclusivity. Units purchased at current pricing levels may achieve above-average returns when re-sold.
Conclusion
The Veer Towers offer one of the most unique and exclusive condo ownership opportunities directly on the Las Vegas Strip. With panoramic skyline views, cutting-edge architecture, and lavish amenities, they attract discerning buyers who value living in the heart of this iconic destination. While affordability is out of reach for many, the Veer Towers set a new benchmark for Vegas luxury. For well-qualified buyers, they can represent the ultimate investment in Sin City style and sophistication.