This property is a 69 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Arabia Area, Red Sea and was completed in Apr 2013. You can buy this apartment for a base price of EGP2,610,000 (EGP37,800/SqM).
Dream vacation or investment opportunity. Ready to move in 1
Florenza Khamsin resort offers luxury apartments in Hurghada with direct access to the sea. For investors, this is a unique opportunity to invest in holiday apartments in Hurghada and benefit from the growing demand for high quality beachfront properties in Egypt.
Whether you are looking for a seafront property as a holiday home or want to invest in Egypt long term. Experience the luxurious lifestyle on the Red Sea and secure an apartment at Florenza Khamsin in Hurghada - your oasis by the sea.
Fully furnished 1 bedroom apartment on the 4th floor with 69 m² offers a unique opportunity in the popular Arabia area of Hurghada. The apartment is ready to move in, equipped with all appliances and 2 air conditioning units and has a green land register.
Facility highlights:
• Two large pools and well-kept green areas
• 24/7 security and professional maintenance service
• Management office that handles private rentals for a fee of 20%
• Access to the private beach via the neighboring Scandic project
Perfect location:
The apartment is in close proximity to all amenities: Sheraton Street, Mamsha Promenade and other hotspots are within easy reach. The airport is only a 10-minute drive away.
Attractive investment:
• Purchase price: €49,700
• Average rental price in low season: €20/night
• Estimated monthly rent: €350/month for a rental period of 8 months/year
• Almost €0 annual maintenance costs
• Return of approx. 6% - ideal for small budgets!
• The example calculation does not include tax payments
The property is located in a busy hotel complex and attracts international guests - perfect conditions for a hotel-level rental!
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s)N/A
Unit TypeN/A
BuildingN/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
EGP26,300/mo
Listed By
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU1952587
Investment Opportunity: Charges & Yield
Sale Price
EGP2,610,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
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