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Overview:What are you looking for from the perfect Hurghada property? Private beach access? Sea views? Close to all of the facilities in downtown Hurghada? Affordable prices starting from under GBP21,000?

If your answers to the above are yes, yes, yes and yes, then the right development for you is most certainly going to be Florenza Khamsin, an exciting new development in Hurghada's Arabia district, a quieter part of Hurghada but still only five minutes by taxi from the vibrant heart of the town.

Florenza Khamsin is basically two resorts in one, divided by a road. The first phase of the development, which is seperated from the rest of the development by a road, has recently gone on sale. The second phase, which is right on the beach, will be a luxury hotel. Both phases share all of the same facilities, most noteable of which is its private beach - a real rarity in central Hurghada these days.

In summary, Florenza Khamsin is an excellent choice for both the holiday home buyer and investor alike. Holiday home buyers will love the resort's private beach together with the fact that it is only 5 minutes away from the vibrant heart of Hurghada. Investors will love the fact that Florenza Khamsin offers a Guaranteed Rental program, with returns of 8% per annum available.

Short on cash? Florenza Khamsin could also be the right development for you as it is benefits from a unique developer financed mortgage offer, whereby buyers pay just a 40% deposit, with the balance payable over a period of 10 years at an interest rate of 5%. This means that you could be buying into the development with just GBP8,200 down, followed by monthly installments of just GBP130.46 per month.

Location

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Completion

Construction of Florenza Khamsin started in in November 2008. Construction is scheduled for completion in June 2011.
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Payment Schedule

The standard payment plan at Florenza Khamsin is as follows:

* $1000 reservation fee (fully refundable up to 21 days from reservation)
* 40% upon signature of contract (less the $1000 reservation fee)
* 20% six months following signature of contract
* 20% twelve months following signature of contract
* 20% upon completion

In addition to the above, there is also the opportunity to take advantage of a ten year developer-financed mortgage under the following terms:

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* $1000 reservation fee (fully refundable up to 21 days from reservation)
* 40% upon signature of contract (less the $1000 reservation fee)
* 60% payable in monthly installments over a period of up to ten years, at an annual interest rate of 5%

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Facilities & Benefits

* Private beach access
* Sea views for many apartments
* Several swimming pools
* Landscaped tropical gardens
* Kids' Beach Club
* 10 year construction apartment warranty
* Reception and concierge service
* Fitness centre, spa and beauty sections
* Water sports a centres including diving, snorkelling, kite and wind surfing
* Restaurants offering a variety of cuisines including a beach bar and grill
* Shopping area containing numerous retail outlets plus an Internet cafe and a branch of HSBC Bank
* Wifi and cable TV to all apartments
* Laundry service which also offers rental changeovers
* Pickup service including airport collections
* Key handling rental management service
* Full post service maintenance and repair service
* Manned 24-hour gated security
* Guaranteed Rental Scheme offering 8% annual return with two weeks' personal usage or 6% annual return with four weeks' personal usage.
* Annual maintenance fees:
Studio - GBP400, One-bedroom - GBP500, Two-bedrooms - GBP600, Three-bedrooms - GBP700

�Prices:

Studio - Min

37 m2

21711 GBP

24229 Eur

33000 USD

Studio - Max

84 m2

50789 GBP

56681 EUR

77200 USD

1 Bed - Min

62 m2

36748 GBP

41011 EUR

55857 USD

1 Bed - Max

128 m2

80266 GBP

89577 EUR

122004 USD

2 Bed - Min

84 m2

41447 GBP

46256 EUR

63000 USD

2 Bed - Max

139 m2

116029 GBP

129489 EUR

176364 USD

3 Bed

139 m2

118991 GBP

132794 EUR

180866 USD

Finishing

* Polished ceramic tiles throughout
* Tiling in bathrooms and kitchens
* Windows and doors installed throughout
* Rendered walls painted
* Electrical installation with power points and light switches
* Pre-installation for digital TV and telephone sockets
* Fitted base units, stainless steel sink with mixer taps and worktop in kitchen area
* White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer tapsCompletion

Construction of Florenza Khamsin started in in November 2008. Construction is scheduled for completion in June 2011.
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Florenza Khamsin lies right in the centre of Hurghada's Arabia district, containing many of the most popular hotels in Hurghada, such as the Grand Azur, Arabia and El Palacio resorts and benefits from being quieter than the main tourist centres while providing excellent sea views.

All of the entertainment facilities of downtown Hurghada are less than five minutes away by taxi, including the trendy new Hurghada Marina which features a host of luxury shops and restaurants.

Divers will appreciate the fact that many of the most popular docks for diving boats are within walking distance of Florenza Khamsin. Hurghada's historic fish market, boatyards and the ferry to Sharm el-Sheikh are also within strolling distance.

Hurghada International Airport is also only a ten minute taxi ride away from here

Submission Date: 08-12-2009

Last Update: 08-12-2009