Friday, Nov 15, 2019
HomeBusinessLuxury development Thirty Six is 65 percent sold

Luxury development Thirty Six is 65 percent sold

Thirty Six, the 36-unit luxury condominium development on Paradise Island being built by Aristo Development, is 65 percent sold and could have its first residents by the end of the year, according to a press release issued by the company yesterday.

The release said the final units of the development were released this week. Aristo Development also recently announced the completion of the $70 million One Cable Beach condominium property only several doors down from mega resort Baha Mar.

Thirty Six is being built in partnership with Bahamas- and Cayman-based Sterling Global Financial. Sterling recently announced its intention to transform the iconic Hurricane Hole Marina into a luxury condo development.

The release said studio units and one-bedroom units are already sold out; two-bedroom, two-bath residences range from $765,000 to $905,000 and the six remaining penthouses featuring private rooftop terraces will go for $1,650,000.

“We are extremely pleased with how the project is evolving and excited about the response it has been generating,” said Aristo Director of Sales & Marketing Matt Marco. “To be 65 percent sold at this stage with completion a few months ahead is a success by any measure.”

Marco explained that Paradise Island’s appeal continues to drive sales of the development, along with the design, style and amenities of the project.

Owners of Thirty Six will be eligible to apply for golf membership at the Ocean Club.

“Paradise Island is a brand unlike any other,” said Marco.

“Whether you are in Florida or halfway round the globe you know Paradise Island. You’ve seen Atlantis on TV, the golf course at Ocean Club, the waters, the beauty and it is hard not to think that Paradise Island really is a paradise. It has a lasting appeal and the limited offerings means that demand for a world-class, top-quality product is extraordinary.”

Aristo President Jason Kinsale said in the release that he wanted Thirty Six to have a community feel.

“We wanted Thirty Six to be about lifestyle and for that to happen, you have to have the kind of people who feel like they are part of a community,” Kinsale said.

“We want residents to feel proud to own at Thirty Six, to make friends among other residents, enjoy gathering around the infinity pool and deck, working out at the fitness center, taking a yoga class, walking on Paradise Island, or relying on the concierge to make dinner reservations on the island.”

Thirty Six’s units feature nine-and-a-half-foot ceilings, storm-rated glass, fine molding around all doors and windows, top-of-the-line appliances, lavish bathrooms and large patios.

Chester Robards

Senior Business Reporter at The Nassau Guardian
Chester Robards rejoined The Nassau Guardian in November 2017 as a senior business reporter. He has covered myriad topics and events for The Nassau Guardian.
Education: Florida International University, BS in Journalism
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