Aqua Condominium is apparently up and running. Sales executive Jenner Flores, who has been working for the complex for the past six years, and had plenty of time for Beach Tennis in the past, is pleased with the present progress of the construction under the leadership of a new owner, Spanish, Venezuelan, project developer Venancio Gonzalez. That name sounded familiar to me, so I went to Google. Of course, Gonzalez was previously involved with Aruba where in October of 2009, his company Kuai-Mare Development & Projects purchased a privately owned terrain of 5,000 square meters between Arashi beach and the lighthouse, from four groups of heirs, the Lacle and Fowler families among them, for the amount of 4.6 florin.  He was also in the news in connection with a five star hotel project related to Tierra del Sol, for which the MinInfra was possibly going to comply with the request for terrain, before he changed his mind. Anyway, Gonzalez now has a stake in Palm Beach and he is moving nicely along. Affiliated to a quality Spanish window-making company, ALUDESCA, he immediately provided Aqua with his own windows, fully insulated, keeping cool in and heat out. He already made money on the project. But it looks good. The property is at the moment completing 208 unit, as well as a three-story amenities building, with spa, pool, fitness and business centers. Imagine, the project originally conceived as a giant 500 condo village, has been under construction for eight years. Don’t you think it’s time to finish it and move on? Other condo developers on the island believe this is good news for the investment real estate market here. Alberto Perret Gentil, who has been active on Aruba for thirteen-years and developed the multiple successful phases of Oceania Residences, as well as the two almost sold-out phases of Blue Residences, is currently developing the neighboring Azure Beach Residences on Eagle Beach. He shares that stagnation has negative effects on consumer confidence and the fact that Aqua Condominium received a new lease on life is encouraging news. Azure Beach Residences will offer 106 premium waterfront apartments and 9 villas in the garden area, and Perret expressed his satisfaction with the fact that construction and sales are coming along nicely, hand in hand. The size of the project is just right, he explains, and if all goes well, Azure Aruba will live up to its credo that “Life is Just Better at the Beach!”

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