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 £24,000?

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 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.

Florenza Khamsin – 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 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.

Florenza Khamsin – Features and facilities
- 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 – £400, One-bedroom – £500, Two-bedrooms – £600, Three-bedrooms – £700

Florenza Khamsin – 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 taps

Florenza Khamsin – Completion
Construction of Florenza Khamsin started in in November 2008. Construction is scheduled for completion in June 2011.

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Located in the Mugla district of Turkey, the modern day city of Fethiye is in fact located on the site of the historical city of Telmessos. One of Turkey’s most popular tourist destinations, over 50% of the town’s population is employed within its rapidly expanding tourist industry. A real beach lover’s paradise, Fethiye offers over 3 kilometres of superb beaches, which are home to a wide variety of water sports and other activities.

Situated in Turkey’s picturesque Mugla region, the town of Fethiye is quickly becoming one of Turkey’s most popular tourist destinations, with large numbers of visitors keen to experience Fethiye’s stunning stunning scenery, beautiful beaches and superb climate. In fact, such is the growth of the numbers of tourists to Fethiye, that today over half the town’s population is employed within it’s rapidly expanding tourism industry. A genuine beach lovers paradise, the region has over 3 km’s of beautiful beaches at its disposal, which are home to a wide variety of watersports including fishing, water-skiing and sailing.

The modern day city of Fethiye, is also richly endowed with historical significance, being situated on the site of the ancient city of Telmessos. Alongside the beautiful beaches and modern resorts and hotels can be found a wide range of historical sites and ancient ruins. Dating back as far the 4th century BC, the ruins and ancient rock tombs offer a facinating insight into the rich history of this part of Turkey.

Recent fluctuations in currency throughout the Eurozone has meant that Turkey has become an increasingly popular tourist destination, as tourist look to capitalise on the lower prices for visiting the region. In fact, for the first six months of 2008, Fethiye saw an increase of over 15% in tourist visitors, a figure which is expected to increase still further in 2009.

Alongside the rapid expansion in tourist visitors to the region, the demand for property in Fethiye has increased considerably over the past twelve months, as investors and people looking for a long term holiday home look to capitalise on the lower price of property in Turkey. Today a number of luxury developments are being carried out throughout the Fethiye region, offering a wide selection of accomodation options ranging from studio apartments through to spacious villas.

More information on property overseas.

Kamareia Resort is a luxurious, new, low-density development that is being built in one of Hurghada’s most upmarket locations – nestling between the villas of Mubarek 6, which are very popular with Europeans, and the exclusive villa district of Magawish.

As opposed the majority of developments in Hurghada which contain five floors, the buildings at Kamareia contain just three. Containing perhaps the lowest density of buildings of any development in Hurghada, the large gardens at this resort give a feeling of openness and tranquility, despite the fact that it is located right in the heart of the town.

Constructed in the classic Nubian style, similar to many of the buildings in the luxurious El Gouna resort, Kamareia features a combination of differing sizes of apartments and villas together with a hotel. Facilities including three large swimming pools, tennis courts and a health club give a variety of entertainment options inside the resort, with all of Hurghada’s many attractions just a short taxi ride away.

Kamareia Resort – Location
Kamareia Resort is located in Hurghada’s fashionable Intercontinental area, close to some of the town’s most luxurious hotels such as the Intercontinental, Steigenberger and the Hilton Resort.

To the north of the development is the villa district of Mubarek 6, home to many of Hurghada’s long term European visitors. To the south is the luxury villa district of Magawish, where many of Hurghada’s elite have made their homes.

Opposite Kamareia Resort is the popular development of Lotus Breeze. 

The area is just a few minutes walk from the southern end of Hurghada’s Village Road, which contains a wide range of entertainment options including the Hard Rock Cafe and Little Buddha.

The development is only 800m from a public beach and marina. A free shuttle bus service will connect the resort to the beach and also to Hurghada International Airport, which is well under ten minutes away from the resort.

>> More information on our range of Hurghada property.

Kamareia Resort – Features and facilities
 Three large swimming pools
 Low density development containing a low ratio of buildings compared to the large area of landscaped gardens
 Free shuttle bus service linking Kamareia Resort with the local public beach and also to Hurghada International Airport
 Sports facilities including tennis court and five-a-side soccer pitch
 Children’s playground
 Residents can use all of the facilities of the attached hotel including its bars, restaurants and coffee shops
 On site shops including a supermarket and pharmacy
 On site internet cafe
 On site medical clinic
 Health club
 Private parking spaces
 Centralized satellite television
 High speed Internet to all apartments plus wi-fi
 Public reception area
 24 hour security
 Full management service available
 Maintenance fee of USD7.50/m2 per annum (revised every two years)

Kamareia Resort – Finishing’s
 Ceramic floor tiles throughout
 Aluminium powder coated windows frames and balcony doors
 Rendered walls painted
 Internal doors with locks and architrave
 All electrical power points and light switches
 Sockets for internet and telephone
 Granite work surface in kitchen, plus stainless steel sinks with mixer taps
 Plumbing for washing machine and dishwasher
 Ideal Standard toilet, washbasin and shower
 Marble vanity shelf, extractor fan and ceramic wall tiles in bathrooms
 Pre-installation for air-conditioning

Kamareia Resort – Payment Schedule
 40% deposit payable upon contract.
 25% three months following signature of contract
 25% six months following reservation
 10% upon completion

Kamareia Resort – Completion
Completion of Kamareia Resort began in 2007. Completion of Phase One of the resort is scheduled for mid 2009. Completion of the entire resort is scheduled for mid 2011.

>> More information on the Kamareia Resort.

A recent report in the Daily Mail has been outlining the potential benefits of buying a property in Turkey, as factors such as the strength of the Euro, the relatively low cost of living, and superb climate produce a seductive combination for potential investors.

Since the relative strengthening of the Euro in relation to the pound, people looking to buy property overseas have tended to focus on countries outside of the Eurozone, with Egypt and Turkey seeing increased interest in recent months.

Stephen Hughes, Director at Foreign Currency Direct told the Mail that they had seen an increase of 36% in exchanges of Sterling into Turkish Lira. Hughes went on to say “The Turkish Lira has increased by 6.5% against the pound in the past year, which means that those who changed to lira find their money goes much further than before.”

Whilst many investors have been attracted by the opportunities in the major cities such as Istanbul, the majority of the investment from abroad has looked to capitalise on Turkey’s rapidly expanding market for tourism. In particular, resorts such as Bodrum, Fethiye and Altinkum have proven exceptionally popular with both investors and holidaymakers looking for a permanent home in the region.

Overlooking the azure blue waters of the Red Sea, the Palme Royale is a five star aparthotel which is designed to cater for the more discerning resident. From the luxury beachfront villas and townhouses, through to the spacious studios and apartments, the Palme Royale has soemthing to offer for every taste and budget. Perfected situated on the beach front, the Palme Royale is set amongst lush tropical gardens, with infinity pools which blend into the blue ocean beyond.

Expertly managed by an experienced Swiss International hotel chain, your investment at the Palme Royale will be managed to maximise your long term rental returns. The resort currently offers a generous 6% rental guarantee scheme as it is in it’s launch pkase, however long term returns are projected to be far higher than this due to the areas high occupancy rate (in excess of 80%) for luxury hotels. As the Palme Royale is currently still in it’s launch phase, the first fifty buyers will be offered an extra 10% discount. This discount will be taken off the initial payment on contract, and as such the first payment would represent only 30% of the total (non-discounted) price. 

Hurghada has grown in recent years to become one of the Red Sea’s most prominant resorts, and one of Egypt’s most popular destinations for people looking to purchase property in the Red Sea. Tourist in the resort is showing considerable growth, and with the area still at a relatively embryonic stage, it is estimated that growth rates in Hurghada will remain around 20-25% for the foreseeable future.

The Palme Royale is due for completion in October 2011. The reservation fee is currently €2,000.00 which is fully refundable until signature of contract.

For more information on the investment opportunities at Palme Royale, and the rest of our portfolio of investment property in Hurghada, why not visit our main site at Offplanworld.tv.