Thinking about owning a unit at Cello Tower? Before you move forward, it helps to understand exactly how the process works. Kristen and Christina sat down with Jennifer Holba, the Chief Sales Executive, to break down the Cello Tower reservation process step by step.
It starts with a presentation of the unit, either in person or virtually. Once you pick your unit, you sign a reservation agreement and put down a $10,000 refundable deposit to hold it and lock in the price.
From there, you’ll receive the Purchase & Sale Agreement along with access to the HOA documents. You’ll have time to review everything, ask questions, and get clarity before moving forward.
Once you’re ready, you’ll pay a 20 to 25% down payment. For local buyers, the process from reservation to Purchase & Sale Agreement typically takes one to two weeks. Virtual buyers are given more flexibility, usually around a month, so they can visit in person before signing.
You cannot transfer or sell your contract early. The buyer who signs the Purchase & Sale Agreement must be the one who closes escrow.
Resale is allowed after 18 months, once the building is 90% sold, or once your floor plan is sold out. You need to meet at least one of those criteria.
This rule helps Cello Tower maintain a healthy owner-occupancy ratio. Only 25% of the building is available to investors, so this keeps the community balanced.
Financing is available through approved local lenders, and those lenders also work with international buyers.
There is no loan contingency written into the Purchase & Sale Agreement. Buyers are not required to get pre-qualified or pre-approved before signing. The team trusts that most buyers already have a good understanding of what they can afford.
Two to four months after construction begins, buyers will choose from three design packages and up to six upgrade options.
Upgrades are paid upfront since the developer purchases them at the start. The total cost is added to the unit’s final price.
Construction is set to begin in late spring or early summer. Completion is estimated for Q3 or Q4 of 2028, putting the total build at around 24 to 30 months.
Buying into a Las Vegas luxury high-rise condo is a big decision, and knowing the process up front puts you in a much better position. From the initial deposit to choosing your finishes, Cello Tower has built a straightforward path for buyers at every stage. If you’re serious about owning a unit in this luxury high rise in Downtown Las Vegas, Kristen and Christina are ready to walk you through every detail. Reach out today to get started on your Cello Tower reservation process.
Are you interested in buying, selling, or investing in Las Vegas real estate? Schedule your FREE consultation with us today!
