The Lighthouse at Oyster Bay Opens on Picturesque St. Maarten

Sold-Out Luxury Living Wows Guests and Paves Way for Sister Properties

Blue Bell, Pa. (September X, 2008) – Last month more than 300 people attended the grand opening and dedication of The Lighthouse at Oyster Bay, St. Maarten’s newest privately-owned luxury condominiums, and the Pavilion, a 40-unit timeshare building added to the lavish Oyster Bay Beach Resort.

The recently-built Lighthouse features 18 three-bedroom condos, stunning panoramic views, rooftop swimming and a 360-degree glass-enclosed gym and work out room.

“The grand opening was a rousing success,” said Joshua Gold, co-manager of Pearl Development.  “Guests raved about the property’s elegant design and ideal location on the island’s peninsula overlooking Oyster Pond Marina and the Atlantic Ocean.  And, we accomplished a major feat by selling all 18 condominiums before construction concluded.”

As a result of The Lighthouse’s stunning success, Gold and his co-manager Michael Dolente are already turning their attention to sister properties Mainsail and Spinnaker.  Both properties are currently in development.  Mainsail will consist of five two-bedroom penthouse units overlooking the Atlantic Ocean.  Each oceanfront residence will feature exclusive rooftop cabanas with an individual private pool and recreational deck and more than 1,000 square feet of outdoor living space. Spinnaker will offer six stylish two-bedroom villas overlooking the Oyster Pond Marina.  Each villa will feature spacious balconies and exclusive access to the property’s private pool and recreation area.  Both properties will also have access to the Oyster Bay Beach Resort amenities and recreational opportunities.

“Mainsail and Spinnaker will be offered at prices that target a more affordable market than the Lighthouse,” said Gold.  “Both new projects will have spectacular attractions that will make them unique real estate offerings.  In fact, we have several buyers who have already signed contracts for Spinnaker Villas.”

Residences at Mainsail will begin at $750,000.  Condominium pricing for Spinnaker will begin at $499,000.

Pearl Development’s properties are located five miles from Phillipsburg, the capital of St. Maarten.  Together, Pearl Development’s properties offer an irresistible array of living and vacationing choices: exquisite hotel accommodations, up scale timeshare condominiums, luxury whole ownership condominiums which are also available for long and short term rentals, villas and penthouse residences for lease or purchase.

About Oyster Bay Beach Resort
Oyster Bay Beach Resort is owned by Pearl Development, N.V., which is a wholly-owned subsidiary of Ansley Associates, Inc. located in Blue Bell, Pennsylvania.

For more information about Oyster Bay Beach Resort, please contact Anne Marie Brooks, Assistant General Manager, at P.O. Box 239, Sint Maarten, Netherlands Antilles – Phone number 599-543-6040 or visit our website at www.obbr.com.

For more information about condominium availability at Spinnaker, Mainsail or The Lighthouse visit the Web site at www.3ViewsInBlue.com or other condominium offerings by Pearl Development, contact Susan Coquin at P.O. Box 239, Sint Maarten, Netherlands Antilles – Phone number 599-543-6040 extension 1201.

 

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