EGP5,650,000
Property details
Listed
1 hour ago
Property Type
Apartment
Bedrooms
Studio
Bathrooms
1 Bath
Furnishing
Unfurnished
Area
40 sqm
Price per area
141,250 EGP/sqm
Available from
31 Dec 2029
APARTMENT FOR SALE IN HURGHADADiscover prime coastal living at RIVA Beachfront District, an upscale beachfront development by EIT Spaces Developments located directly on Hurghada's pedestrian El Mamsha promenade.
Project: RIVA Beachfront District (by EIT Spaces Developments)
Unit Type: Studio Apartment (3rd Floor, Building E)
Built-Up Area: 40 sqm
Layout: Open-plan sleeping & living lounge, kitchenette, wardrobe hall, 1 modern bathroom
Finishing: High-spec full finishing with large panoramic glass framing
Price: EGP 5,650,000
Payment Plan: 20% down payment (EGP 1,130,000) + 80% over 5 years in equal quarterly installments (EGP 226,000/quarter)
Delivery: 3 years from contracting (2 years of installments post-handover)
Maintenance Fee: 10% (EGP 565,000) due at handover
Key Amenities & Community Features:
Direct access to a 250m private sandy beach
12,000 sqm swimmable lagoons & multiple swimming pools
Private marina pier for boat trips and snorkeling
Vibrant commercial promenade with dining, cafes, and boutiques
Underground basement parking & pedestrian-only zones
24/7 gated security & on-site professional facility management
Prime Location:
Set directly on El Mamsha promenade with direct shoreline access
8–10 minutes to Hurghada International Airport
12–15 minutes to Hurghada Marina & Sheraton/Downtown
25 minutes to Sahl Hasheesh | 35 minutes to El Gouna
Investment Edge:
Freehold ownership available for foreign buyers
High-yield short-term rental asset (Airbnb/Booking.com) with projected gross returns of 10%–14%
High capital appreciation driven by the rarity of El Mamsha beachfront land
Modern Studio at RIVA Beachfront District
Project: RIVA Beachfront District (by EIT Spaces Developments)
Unit Type: Studio Apartment (3rd Floor, Building E)
Built-Up Area: 40 sqm
Layout: Open-plan sleeping & living lounge, kitchenette, wardrobe hall, 1 modern bathroom
Finishing: High-spec full finishing with large panoramic glass framing
Price: EGP 5,650,000
Payment Plan: 20% down payment (EGP 1,130,000) + 80% over 5 years in equal quarterly installments (EGP 226,000/quarter)
Delivery: 3 years from contracting (2 years of installments post-handover)
Maintenance Fee: 10% (EGP 565,000) due at handover
Key Amenities & Community Features:
Direct access to a 250m private sandy beach
12,000 sqm swimmable lagoons & multiple swimming pools
Private marina pier for boat trips and snorkeling
Vibrant commercial promenade with dining, cafes, and boutiques
Underground basement parking & pedestrian-only zones
24/7 gated security & on-site professional facility management
Prime Location:
Set directly on El Mamsha promenade with direct shoreline access
8–10 minutes to Hurghada International Airport
12–15 minutes to Hurghada Marina & Sheraton/Downtown
25 minutes to Sahl Hasheesh | 35 minutes to El Gouna
Investment Edge:
Freehold ownership available for foreign buyers
High-yield short-term rental asset (Airbnb/Booking.com) with projected gross returns of 10%–14%
High capital appreciation driven by the rarity of El Mamsha beachfront land
Amenities
Building / Compound Specific
Covered Parking
Shared Pool
Shared Spa
Shared Gym
Elevator
+ 1 more
Unit Level
Unfurnished
View of Landmark
Location
Price Insights
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Red Sea
Provided by
ROI Real Estate Investment
ROI For Real Estate
See agency properties (290)Regulatory information
Regulatory information
Reference
HRA-397/8-S
Listed
1 hour ago
Payment method
Cash or Installments
Down payment
1,130,000 EGP