Riva Beachfront District: Luxury Living & High ROI in Hurghada’s Mamsha
Mamsha - Promenade Property Id: HRA-379/3-S
- Duplex
- Beds:2
- Baths:2
- 137.6 M2
Description
What is Riva Beachfront District?
Riva is a premium mixed-use beachfront district designed for "everyday ease". Situated where "stillness meets the sea," the project is crafted as a lived-in community rather than a seasonal escape. Developed by EIT Spaces, it offers a global spirit where different cultures share a single coastal rhythm in a setting of simplicity and space.
What are the Unit Specifications?
The development offers a diverse range of fully finished homes designed with functionality and natural light in mind. Available unit types include:
• Studios & Junior Studios.
• One- and Two-Bedroom Units.
• Duplexes & Lofts.
• Featured Unit (F 217): A spacious 2 BR Duplex with a gross area of 137.6 $m^{2}$, a 10.75 $m^{2}$ terrace, and 2 bathrooms.
What is the Payment Plan?
Riva offers a structured and accessible 5-year payment schedule:
• Contracting Payment: 20% (EGP 2,190,000 for unit F 217).
• Installments: 20 quarterly installments of 4.0% each, spanning from June 2026 to March 2031.
• Maintenance Fee: 10.0% (EGP 1,095,000) due in September 2028.
• Delivery: Scheduled within 3 years.
Why Invest in Riva Beachfront District?
Investing in Riva ensures high ROI potential due to its "lived-in" concept, providing year-round services rather than just seasonal occupancy. The combination of underground parking to preserve clean views, 24/7 management, and direct beach access makes it a highly liquid asset for both short-term holiday rentals and long-term capital appreciation.
Where is Riva Beachfront District Located?
Riva boasts a prime location nestled between Hurghada’s pedestrian Mamsha (vibrant promenade) and the pristine shores of the Red Sea. This central positioning provides residents with "effortless access" to the city's best dining and entertainment while maintaining beachfront tranquility.
What Facilities & Amenities are Available?
Residents enjoy a comprehensive suite of world-class amenities:
• Private Beach: 250 meters of soft golden sand.
• Natural Lagoons: 12,000 sqm of swimmable water woven throughout the district.
• Marina Access: Direct links for snorkeling adventures and island trips.
• Dining & Hospitality: On-site cafés, restaurants, and boutique stays.
• Services: Underground parking, walkable pathways, and 24/7 security/property management.
Frequently Asked Questions (FAQs)
1. Is the beach swimmable? Yes, Riva features both a 250m private sandy beach and 12,000 sqm of swimmable natural lagoons throughout the community.
2. Are the units delivered finished? Yes, all units (studios, apartments, duplexes, and lofts) are delivered fully finished.
3. What is the total duration of the payment plan? The payment plan extends for 5 years, with installments continuing until March 2031.
Related Projects (You May Also Like)
📍 El Ahiya, Hurghada
Directly opposite Sunrise Hotel and positioned on the vibrant Touristic Promenade.
📍 Soma Bay Residences
Ideal if you are looking for expanded marina and golf facilities.
📍 Makadi Heights
Perfect for a family-oriented gated community with extensive lagoons.
Property Details
-
Property Id :
-
Price :
-
Property Size :
HRA-379/3-S
10,950,000 LE
137.6 M2
Beds :
Baths :
View :
2
2
Sea & Pool View
-
Property Type:
-
Status:
-
Duplex;
-
New Development
Features
-
Cafes & Restaurants
-
24/7 Security
-
Beauty Center
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50% Landscaped
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Swimming Pool
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Balcony/Terrace
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Beach Access
Location Hurghada, Mamsha - Promenade
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