Sea-View 1-Bedroom Apartment in Florence Khamseen Resort, Arabia, Hurghada

Arabia Property Id: HRA-556/2-S

61,000 EUR

Sea-View 1-Bedroom Apartment in Florence Khamseen Resort, Arabia, Hurghada

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Apartment
Beds:1
Baths:1
76 M²

Description

What is Florence Khamseen Complex?

Florence Khamseen Complex is an established residential and holiday community located in the Arabia district of Hurghada. Designed with Mediterranean-inspired architecture and central courtyards, the development offers a vibrant resort atmosphere centered around a large swimming pool, sun terraces, and landscaped green pathways. It caters to expatriates, seasonal holidaymakers, and long-term residents seeking convenient coastal living close to Hurghada’s primary business and leisure hubs.

What are the Unit Specifications?

This ready-to-move resale unit provides a functional, open-plan layout:

Unit Type: 1-Bedroom Apartment (Reception / Living Area + 1 Bedroom)

Total Area: 76 sqm

Floor Level: 4th Floor

Views: Elevated street and Red Sea views from two private balconies

Finishing: Fully finished with neutral wall tones, durable ceramic tile flooring throughout, and a fully tiled three-piece bathroom with walk-in shower fittings

What is the Payment Plan?

This property is offered as a full cash resale purchase:

Purchase Price: €61,000

Contract Transfer Fee: 2.5% of the original contract cost (€1,325)

Annual Maintenance Fee: £560 per year

Delivery: Immediate handover upon contract signing and transfer clearance

Why Invest in Florence Khamseen Complex?

High Net Rental Yield: Arabia remains in steady demand for both long-term corporate lets and European holiday rentals, supported by its proximity to downtown amenities and dive marinas.

Competitive Entry Price: At €61,000 for 76 sqm, this unit commands an attractive price per square meter within Hurghada’s established seaside districts.

Strong Capital Preservation: Hard-currency asset positioning in the Red Sea coastal corridor offers protection against inflation and steady capital appreciation as Hurghada's central residential zones mature.

Where is Florence Khamseen Complex Located?

Situated along Corniche Road in Arabia, Hurghada, the complex provides rapid connectivity:

Hurghada Marina & Downtown Dahar: 5 to 7 minutes drive

Hurghada International Airport (HRG): 15 minutes drive

Red Sea Shoreline: Steps away across the coastal road, with direct access to local promenades, dive centers, and cafes

What Facilities & Amenities are Available?

Central swimming pool with sun-lounging decks

24/7 security with gated perimeter and access control

Landscaped resident walkways and communal gardens

Discounted Beach Access: Unit owners receive a 50% discount on an annual pass to adjacent private beach clubs

Commercial services nearby, including supermarkets, pharmacies, and public transport links

Frequently Asked Questions (FAQs)

Does this unit include private beach access?

Direct private beach access is not included within the standard ownership fees. However, property owners in Florence Khamseen benefit from an exclusive 50% discount on annual beach passes at nearby beachfront facilities.

Is the property suitable for immediate rental on platforms like Airbnb or Booking.com?

Yes. With the unit fully finished on the 4th floor featuring open sea views and access to the central pool, it requires only furnishing to begin generating short-term or seasonal holiday rental income.

What additional expenses should I budget for during purchase?

Beyond the €61,000 purchase price, buyers should account for the €1,325 contract transfer fee (2.5% of original contract value) and the ongoing annual maintenance fee of £560.