2-Bedroom Luxury Duplex for Sale in Riva Beachfront Resort, Hurghada Promenade

Mamsha - Promenade Property Id: HRD-397/6-S

8,700,000 EGP

  • Duplex
  • Beds:2
  • Baths:2
  • 112 M2

Description

A luxury 2-bedroom, 2-bathroom duplex in Riva Beachfront Resort — an upscale 70,000 sqm mixed-use coastal community developed by EIT Spaces directly between El Mamsha pedestrian promenade and the Red Sea waterfront. Spanning 112m² with full turnkey finishing, double-glazed windows, and premium sanitary fixtures, this off-plan unit is offered with a 25% cash discount or 0% interest installments over 4 or 5 years — in one of the last available beachfront development plots along Hurghada's Promenade.

1. Unit Specifications

  • 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

2. Payment Plan

  • 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.

3. About Riva Beachfront Resort & EIT Spaces

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.

4. Facilities & Amenities

  • 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

5. Investment Case

  • 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.

6. Location

  • 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

7. FAQs

Q: What is the price and payment plan for this duplex?

A: The total price is EGP 8,700,000. The 5-year plan requires 20% down (EGP 1,740,000) with quarterly installments of EGP 348,000 at 0% interest. The 4-year plan requires 15% down with equal installments over 4 years. A 25% cash discount brings the price to EGP 6,525,000. A 10% maintenance deposit (EGP 870,000) is due 6 months before delivery.

Q: When is delivery and what is the finishing standard?

A: Delivery is within 3 years from contract. The unit is delivered fully finished to turnkey standard — premium ceramic flooring, neutral paint palette, double-glazed aluminium/UPVC windows, and installed sanitary fixtures (Duravit/Ideal Standard or equivalent).

Q: Does this unit include direct beach access?

A: Yes — all residential owners at Riva receive designated beach and lagoon access privileges, backed by community facilities and full maintenance services.

Q: Can ROI Real Estate manage the unit for holiday rentals after handover?

A: Yes — ROI Real Estate provides end-to-end property management services including booking management, guest handling, and occupancy optimisation to maximise net annual rental yields.

Q: Why is Riva's location on El Mamsha significant for investment?

A: Direct beachfront land plots along El Mamsha are virtually exhausted — Riva occupies one of the last available positions on Hurghada's most trafficked coastal promenade, giving it a structural scarcity advantage and long-term capital appreciation foundation that cannot be replicated by future developments in the area.

Property Details

  • 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

Features

  • 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

Location Hurghada, Mamsha - Promenade

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