Luxury Real Estate Opportunity: Riva Hurghada Tourist Promenade

Apartment
Beds:2
Baths:1
121 M²

Description

What is Riva?

Riva is an elite residential destination situated on the vibrant Hurghada Tourist Promenade. Designed for those who seek the perfect balance between coastal tranquility and urban convenience, Riva offers a sophisticated lifestyle in a first-row beachfront setting. The resort's "vibe" is one of exclusive elegance, where modern architecture meets the sparkling turquoise waters of the Red Sea, providing residents with an unparalleled living experience in the heart of the city’s most prestigious walkway.

What are the Unit Specifications?

This featured unit is a spacious 121 SQM luxury apartment designed with a functional and airy layout.

Type: 2-Bedroom Apartment

Layout: 2 Bedrooms, a generous Living Room, and 1 Bathroom.

Finishing: Delivered to high-quality standards, ensuring a seamless move-in or rental experience.

View: Prime first-row location with stunning direct access to the promenade and beachfront.

What is the Payment Plan?

Riva offers a flexible and competitive financial structure designed to accommodate savvy investors and vacation home seekers alike:

Total Price: 9,700,000 EGP

Down Payment: 20% (1,940,000 EGP)

Installment Period: Up to 5 years

Delivery: Contact for specific phase delivery dates.

Why Invest in Riva?

Investing in Riva is a strategic move for several reasons:

High Rental Yield: Its location on the Tourist Promenade makes it a top choice for short-term holiday rentals, ensuring consistent cash flow.

Capital Appreciation: First-row beachfront land is increasingly scarce in Hurghada; securing a unit here offers significant long-term value growth.

Brand Prestige: Owning a property at Riva places you in the most sought-after district in the Red Sea region.

Where is Riva Located?

Riva commands a premier position on the Hurghada Tourist Promenade (Mamsha).

Airport Proximity: Less than 10 minutes from Hurghada International Airport.

Beach Access: Direct first-row beachfront access.

Convenience: Within walking distance to international dining, luxury shopping centers, and five-star resorts.

What Facilities & Amenities are Available?

Private Beach Access: Exclusive entry to the Red Sea shoreline.

Swimming Pools: Large, well-maintained pools for residents.

24/7 Security: Gated access and professional surveillance for peace of mind.

Promenade Lifestyle: Immediate access to the 5km-long pedestrian walkway featuring cafes and retail.

Frequently Asked Questions (FAQs)

1. Is Riva suitable for year-round living?

Yes, thanks to its central location on the Promenade, residents have year-round access to supermarkets, pharmacies, and hospitals, making it ideal for permanent residency.

2. Can I manage my property as a vacation rental through ROI?

Absolutely. Properties in this location are highly liquid and perform exceptionally well on global rental platforms.

3. What is the benefit of a "First-Row" location?

"First-row" means there are no other buildings between you and the sea or the main promenade, ensuring unobstructed views and the highest possible resale value.