Properties overseas - Egypt
N 3809 Contact information: +7 (926) 236-7037, +7 903 7967498
Object:
     Apartments in a residential complex «Florenza Khamsin Beach Resort»
Price:
     37.881K USD 
Area:
     36 sq.m. 
Region:
     Egypt, Hurghada
Address:
     Arabia
Description:
     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 separated 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 notable 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 6% 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 8 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.
     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 centers 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.
     
     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 centers including diving, snorkeling, 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
     • Wi-Fi 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 6% annual return with four weeks' personal usage.
     • Annual maintenance fees:
     Studio - GBP400, One-bedroom - GBP500, Two-bedrooms - GBP600, Three-bedrooms - GBP700
     
     Prices.
     Studios 37 – 65 m2 from 37881 – 78652 USD
     1 bedroom apartments 62 – 128 m2 from 56925 - 164730 USD
     2 bedroom apartments 91 – 125 m2 from 87685 – 202818 USD
     3 bedroom apartments 139 m2 from 180866 – 187823 USD
     
     Completion.
     
     Construction of Florenza Khamsin started in November 2008. Construction is scheduled for completion in June 2011.
     
     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 an eight year developer-financed mortgage under the following terms:
     • $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 eight years, at an annual interest rate of 5%
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