FLORENZA KHAMSIN BEACH RESORT

HURGHADA-RED SEA-EGYPT

"WHEN LUXURY ISN'T IMAGINATION ANY MORE"

Introduction

Florenza Khamsin Beach Resort is located on the seafront, surrounded by 12 hotels and an international hospital.  It is located just five minutes from downtown Hurghada and fifteen minutes from the airport, making it a highly desirable development for tourists, homebuyers and investors alike.

Apartments at the Florenza Khamsin Beach Resort are the perfect choice for anyone wanting to enjoy all that Egypt's Red Sea has to offer – its warm, blue seas; golden, sandy beaches and exotic marine life that can be enjoyed all the year round because of the area’s 365 days per year of sunshine.

Egypt investment hotspots:

Twenty years ago, Egypt’s Red Sea was practically unknown as a tourist destination. Now, however, millions of tourists visit the area each year with increasingly more people going on to buy a home in the area – either as a holiday home or a place to live permanently upon their retirement. Egypt has plenty to offer the retiree due to the area’s perfect climate and low prices – both for property and the everyday cost of living.

Today, modern Egypt is characterized by its stable economy and political structure. This, combined with the latest Government reforms, supports strong and healthy growth in the property sector and other key areas of the economy.

Rea Sea Description

The Red Sea, named after its crystal clear reflections of the surrounding red mountains, represents the lifeblood of the region. The abundance of colourful fish, aquatic plants and coral reefs is the area's trademark feature. Today, the Red Sea is widely considered as being one of the world’s premier diving destinations, with more than 30 metres of underwater visibility.

The diving facilities at Hurghada are of the very highest class. There are also many other excellent aquatic sport facilities enjoyed by visitors to the region, including kite surfing ,deep sea fishing, windsurfing, swimming with dolphins, sailing boat trips and many more.

Why invest on Egypt’s Red Sea? 

- Property registration fees have been reduced from 3% of property value, down to a very reasonable $400.
- Rental yields currently averaging 6 - 8% annually.
- Egypt has no Capital Gains Tax.

- No tax on rental income.
- Governmental priority to attract foreign investors to the country.

- Streamlined legal process for registration of property.

- All properties on the Egyptian mainland are sold on a freehold basis.

- Easy purchasing procedure.

- High potential for future capital growth.

- Properties are currently for sale well below the market value in comparable parts of the world.

- Residency visas are easily obtained for foreigners who purchase property.
- Year round sunshine - hot and dry, not humid.

- Some of the best diving sites in the entire world.

 Phase I

Florenza Khamsin Beach Resort is being built in two phases. Phase One is the phase in which all of the apartments for sale are located – over 1500 in total, many of which have beautiful sea views.  All of the apartments here are just metres away from one of three swimming pools in the phase, all set in beautiful tropical gardens.  There are many facilities also located in this phase, including a rooftop tennis court and several bars, restaurants and retail outlets.

Phase II

On the opposite side of the road from Phase One, directly on the beach, is Phase Two of the project, which will be a luxurious boutique hotel featuring just 150 rooms.  All of the buyers in Phase One of the project have full access to all of the facilities in Phase Two, including its private beach, more large swimming pools plus all of the other facilities that the resort has to offer including a host of watersports activities, a kid’s club, beauty centre and gym, to name just a few.

Features & Benefits of purchasing at Florenza Khamsin Beach Resort

· All investors have an opportunity to re-sell their units before completion as soon as the 40% deposit has been paid.

· Most of the apartments have fabulous views across the crystal clear waters of the Red Sea.

· Excellent buy-to-sell opportunity as value will increase by 35% in the first year of the investment alone.

· Guaranteed Rental Scheme offering up to 8% per annum return with two weeks’ personal usage.

·  Mortgage available direct from developer with lowest interest rates in Egypt for a term of up to 10 years.

· One of the best locations in Hurghada.

· Four swimming pools and club house.

· Private beach.

· Prime tourist diving location.

· Water sports centre including diving school, kite and windsurfing.

· Equipment hire and storage.

· Places of interest nearby.

· All year round sunshine.

· Located right in the very heart of Hurghada.

· Five minutes from Hurghada Marina.

· Just ten minutes from Hurghada International Airport with direct links to most major cities in Europe.

· Fully maintained property, beach, pools and gardens.

· High quality build – guaranteed for ten years.

· 24 hour security.

· International chain of restaurants, cafes and bars.

· Reception and concierge service, cleaning, laundry and maintenance.

· Night clubs inside the hotel.

· 20 minutes from an 18-hole golf course.

· Medical services.

· Fitness center.

· Spa, beauty center & gym.

· Kids' club.

· Beach bars.

· Wi-Fi.

· Cable TV to all apartments.

· Internet café.

· The apartments have been designed to maximise enjoyment of this marine wonderland.

· After completion of this project, it will be managed directly by the developer.

Why buy overseas property off-plan?

Buying an overseas property off-plan means that you are buying at today’s prices.  However, as construction continues, the value of the units continues to rise steadily. Once a completed show home is available for viewing, buyers take on less risk as they now have an example of what the finished apartments will be like.

Due to the laws of supply and demand, as more and more of the apartments sell, so the price of the remaining units continues to rise. To early investors, this means that, should you decide to sell your property prior to completion but some time after the initial reservation, it will be worth considerably more than when you made your initial purchase and paid the 40% deposit.

Apartment specification

Studio Apartments

·        Open plan kitchenettes provide owners with the maximum use of space within the apartment.

·        All with balcony or sun terrace.

·        Gross sizes include a percentage for communal areas.

·        All owners have access to the communal area & swimming pools.

·        The interiors of all apartments have been designed to maximise natural sunlight.

One - Bedroom Apartments

·        Carefully designed, these large one-bedroom apartments offer a spacious lounge area together with a large bedroom and bathroom.

·        All with balcony or sun terrace.

·        Gross sizes include a percentage for communal areas.

·        All owners have access to the communal area & swimming pools.

·        The interiors of all apartments have been designed to maximise natural sunlight.

Two - Bedroom Apartments

·        These two-bedroom apartments offer a spacious lounge area together with two large bedrooms and bathroom.

·        All with balcony or sun terrace.

·        Gross sizes include a percentage for communal areas.

·        All owners have access to the communal area & swimming pools.

Three-Bedroom Apartments

·        These three-bedroom apartments offer a spacious lounge area together with three large bedrooms and bathroom.

·        All with balcony or sun terrace.

·        Gross sizes include a percentage for communal areas.

·        All owners have access to the communal area & swimming pools.

Our payment plan

The payment structure for Florenza Khamsin Beach Resort follows the schedule below:

·        $1000 reservation deposit

·        40% on exchange of contract

·        20% stage payment 6 months after exchange of contract