Mamsha - Promenade Property Id: HRD-397/6-S
Type: 2-Bedroom Duplex
Property ID: HRD-397/6-S
BUA: 112m²
Bedrooms: 2
Bathrooms: 2
View: Pool and garden
Finishing: Turnkey full finishing — premium ceramic flooring, neutral paint palette, modern double-glazed aluminium/UPVC windows, installed sanitary fixtures (Duravit/Ideal Standard or equivalent)
Price: EGP 8,700,000
Cash Price: EGP 6,525,000 (25% cash discount applied)
Status: New Development — 3 years delivery from contract
5-Year Plan: 20% down payment — EGP 1,740,000 — followed by equal quarterly installments of EGP 348,000 over 5 years
4-Year Plan: 15% down payment with equal installments distributed over 4 years
Cash Discount: 25% off total price — cash price EGP 6,525,000
Maintenance Deposit: 10% — EGP 870,000 — due 6 months prior to delivery
Interest Rate: 0% on all installment plans
Delivery: Within 3 years from contract date
Buyers browsing apartments for sale in Hurghada will find Riva's 15% entry with 4-year 0% installments — or a 25% cash discount bringing the duplex to EGP 6,525,000 — on a fully finished beachfront resort duplex directly on El Mamsha, one of the last available waterfront development plots in Hurghada.
Contact ROI Real Estate for current inventory availability and payment plan confirmation.
Riva Beachfront District is an upscale 70,000 sqm mixed-use coastal community developed by EIT Spaces — positioned directly between El Mamsha pedestrian promenade and the Red Sea waterfront. The development blends hotel-level hospitality, 12,000 sqm of swimmable crystal lagoons, and open coastal architecture into a self-contained destination combining quiet residential zones with a vibrant commercial boulevard.
Direct beachfront land plots along El Mamsha are virtually exhausted — Riva occupies one of the last available positions along Hurghada's most trafficked and internationally recognised coastal promenade, giving the development a structural land scarcity advantage that cannot be replicated by future projects. For buyers comparing properties for sale in Mamsha Promenade, Riva's 250-metre private sandy beach, 12,000 sqm swimmable lagoons, commercial boulevard, and direct promenade positioning create a genuinely irreplaceable waterfront address in Hurghada.
Beach: 250-metre private sandy beach
Lagoons: 12,000 sqm swimmable crystal lagoons and multiple swimming pools
Commercial: Promenade with boutique shopping, cafés, and seaside restaurants
Marina: Private marina access for diving, snorkelling, and boat excursions
Parking: Secure underground parking
Services: 24/7 on-site security, concierge, and integrated property management
Features: Gym, clubhouse, closed community, 50% landscaped, beach access, balcony/terrace
Last Beachfront Plot on El Mamsha — Structural Scarcity: Direct beachfront land along El Mamsha is virtually exhausted — Riva's 250-metre private beach and promenade-front positioning represent a finite and unreplicable asset that structurally underpins long-term capital appreciation regardless of broader market conditions
25% Cash Discount — EGP 6,525,000: Buyers purchasing outright acquire a fully finished beachfront duplex at a price that embeds immediate equity — the 25% discount represents one of the most substantial cash incentives currently available for a new development unit directly on Hurghada's Promenade
0% Interest on 4 or 5-Year Plans: Full financial flexibility with zero interest cost — buyers choose the entry point (15% or 20%) and term (4 or 5 years) that best matches their investment strategy, with no penalty for early repayment
ROI Real Estate End-to-End Rental Management: Holiday rental management, booking handling, and occupancy optimisation available through ROI Real Estate post-handover — enabling fully passive foreign-currency rental income from a promenade-front asset
Owners activating the properties for rent in Hurghada market will find Riva Beachfront duplex units — 250-metre private beach, 12,000 sqm swimmable lagoons, directly on El Mamsha, 0% installments, 25% cash discount, and end-to-end rental management available — among the most strategically positioned and scarcity-protected rental configurations currently available in Hurghada.
On Site: El Mamsha Promenade — New Tourist Center, Hurghada
10 Minutes: Hurghada International Airport
10 Minutes: Senzo Mall and Senzo Club
13 Minutes: Hurghada Marina and Downtown
25 Minutes: Sahl Hasheesh
30 Minutes: El Gouna
Property Id :
Price :
Property Size :
HRD-397/6-S
8,700,000 LE
112 M2
Beds :
Baths :
View :
2
2
Pool & Garden
Property Type:
Status:
Duplex;
New Development
Central Satellite
Cafes & Restaurants
Supermarket
24/7 Security
Parking
Closed Community
Landscaped Areas
Luxury Finishing
50% Landscaped
Swimming Pool
Balcony/Terrace
High Standard Finishing
Private Beach
Beach Access
Club House
Walk-in Closet
GYM