I chose the 45K, a colleague chose the fully furnished, on reflection i am pleased with my choice, the money doesn't go that far but at least you can buy what you like rather than basic stuff.
To give you an example how far my cash went, i bought a good bed, fridge freezer, washer dryer, dishwasher, cooker, crockery and blinds for the villa, just a couple of dirhams left.
If you go for the fully furnished option, it far simplifies moving in but you don't get a choice, the quality looks ok but not what i would choose.