I have windows 8.1 and tried installing: python-3.5.0rc3-amd64
I tried running as admin to no avail.
Here is the log of the failed install: http://pastebin.com/Y465P6zi.
The Python setup may fail if you don't have Windows Service Pack 1 (SP1) installed on your computer. It is a requirement for installing Python. Download Windows Service Pack 1. If it states an unspecified error, try downloading KB2999226.
Manually install the Universal C Runtime update from Microsoft:
https://support.microsoft.com/en-us/kb/2999226
and then re-attempt installation of Python 3.5.
I too had the same issue. Try installing Python 3.4.3. It worked for me.
You may try some older version. I had similar issues and I tried a lot to update but not succeed. Then I tried for python-3.4.3. It's works fine for me. There are not much different between 3.4.3 and 3.5.0.
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