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2 Bed Apartment for sale

Hurghada, Red Sea Riviera/Sinai, Egypt

£38,900 *  [$48,446]

2 Bed Apartment for sale

Hurghada, Red Sea Riviera/Sinai, Egypt

£38,900 *  [$48,446]

Property Details


  • Bedrooms: 2
  • Bathrooms: 1
  • Habitable space: 88 m2

Full Description


2 BEDROOM APARTMENT WITH LARGE LOUNGE 2nd line beach & central Hurghada , Al arabia area .

Ready for move in pay only 30% & receive keys. Rent it out or move in personally.
Pay 70% over 18 months or up to 3 years. Use rental income to make installments
if purchased as an INVESTMENT.

A Unique 2nd line Seafront location with Florenza hotel on the beach .
Florenza khamsin phase 1 is separated from phase 2 by a road.
A resort with a modern & elegant environment
Safe & Secure perfect for tourist, home buyers & investors.
Year round rental income potential
Legal (freehold) ownership with Green Contract

It is only 10 minutes away from the airport and in the middle of the Al Arabia
area of Hurghada. 2nd line to the beach. In front is the hotel section of
florenza khamsin.

It is in a very very popular & central area. Usually prices here are
expensive but these last few remaining apartments are being sold off at a
good price and a payment plan. Which is not usually the case when a resort is finished.
This is a very large resort complex with numerous pools and lots of apartments, with 90% of the resort completed
and already to be used or already being used by the owners.
The fully completed area at the rear is built in a square around a large gorgeous swimming pool with plenty of sun loungers as well as a pool bar.
This 2 bedroom measuring 88 msq is a very spacious large size.
In each bedroom it is possible to have a double bed or 2 single beds wardrobes & drawers
In lounge you could have sofa beds x 2 to maximise the occupancy If you wish it is a truly large size.
Kitchen can have many units and appliances.

Completed and ready to furnish then use your apartment or earn rental income.

Full payment price EGP 792,000 - £38,900

Payment Plan

It is 792,000 egp for a 2 bedroom approx £38,900
1 bathroom & balcony lounge area
size is 88 msq on the 1st floor.
street view.

Below is an 18 month payment plan. Interest free.

You pay 10% to reserve 79,200 EGP = £3,890
20% when the contract is signed & receive your key. 158,400 EGP approx £7,780

70% you can pay quarterly as below table 92,400 EGP every 3 months. £4,538
OR
70 % you can pay monthly 18 x 30,800 EGP = £1,513

Map may not show exact location