The Tribune

Almost 200 persons signed up for units at the Venetian West development during its latest open house, with the developers reporting that 52 per cent of units having been reserved to-date.

Brickell Management Group, the management company for Venetian West, recently unveiled a partnership with Bank of the Bahamas (BOB) that will see the latter provide an “exclusive” financing package for potential buyers, which launched last Saturday.

At an open house event the same day, 177 persons signed up. Bank of the Bahamas staff were on-site to take applications, and offered other products and services.

In its partnership with Venetian West, Bank of the Bahamas is offering 5 per cent down payment and interest rates between 7.5–7.75 per cent. Brickell Management Group previously told Tribune Business that some $17 million had been invested into the western New Providence gated community to-date.

The development is being carried out by Quantas Investment Group, and includes a mix of 211 condominiums and town homes. Amenities included in the development are a clubhouse, pool, fully equipped gym, playground, tennis and basketball courts.