1-Bedroom Sea View Apartment for Sale in Riva Beachfront Resort, Hurghada Mamsha

Mamsha - Promenade Property Id: HRA-397/7-S

8,000,000 EGP

1-Bedroom Sea View Apartment for Sale in Riva Beachfront Resort, Hurghada Mamsha

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Apartment
Beds:1
Baths:1
63 M²

Description

What is Riva Beachfront?

Riva Beachfront District is a master-planned, upscale mixed-use beachfront resort developed by Branis for Hotels and Tourism across an expanse of over 69,250 square meters. Situated directly between the waters of the Red Sea and Hurghada’s world-renowned pedestrian promenade (El Mamsha), the project offers a coastal sanctuary crafted for year-round residency and boutique hotel-standard hospitality.

The atmosphere at Riva balances coastal tranquility with cosmopolitan city access. The master plan features 12,000 square meters of swimmable natural lagoons interwoven between sleek, contemporary residential buildings, a private 250-meter golden sandy beach, and an integrated commercial district lined with open-air dining, artisan cafes, and wellness amenities. Designed as a fully serviced, vibrant community rather than merely a seasonal escape, Riva captures the true essence of low-density luxury beachfront living in Hurghada.

What are the Unit Specifications?

This featured property represents one of the premier sea-view layouts within Building B:

Type: 1-Bedroom Residential Hotel Apartment

Gross Area: 63.2 sqm

Floor Level: 4th Floor

View: Direct panoramic open Sea View overlooking the Red Sea and central water lagoons

Interior Layout:

Master bedroom

Open-concept living and dining hall

Integrated American-style open kitchen

Modern bathroom with walk-in shower

Private covered sea-view balcony with steel and glass balustrades

Finishing Standard: Delivered fully finished to turnkey luxury specifications, including premium off-white Jotun/GLC interior wall coatings, high-grade porcelain and ceramic flooring (Gemma/Cleopatra or equivalent), first-quality sanitary ware and chrome mixers (Duravit/Ideal Standard), heavy-duty aluminum/UPVC sound-insulating exterior fenestration, and solid engineered internal wooden doors.

What is the Payment Plan?

Unit is offered with an investor-friendly 5-year payment structure:

Total Purchase Price: 8,000,000 EGP

Down Payment (Contracting - 20%): 1,600,000 EGP

Installment Schedule: 20 equal quarterly installments of 4.0% (320,000 EGP each) spread over 5 years

Maintenance Deposit: 10% (800,000 EGP) due on March 15, 2029

Contract Delivery Date: 3 years from contracting, fully finished

Why Invest in Riva Beachfront?

For property investors targeting strong capital preservation and consistent foreign-currency returns, Riva Beachfront addresses every fundamental metric of high-performing real estate:

Prime Beachfront Land Scarcity: Direct beachfront land along Hurghada’s established Mamsha is virtually exhausted. Riva represents one of the very last chances to secure freehold beachfront inventory in the city's highest-demand pedestrian corridor.

Turnkey Hotel Rental Management: The community includes centralized on-site hotel property management operated directly by the developer. Owners can leverage an optional professional hospitality program covering international marketing, tenant check-in/out, housekeeping, and maintenance—yielding hands-off net short-term rental yields in USD and EUR.

High Net Rental Yields: Due to its walkability to nightlife, retail, and private sandy beaches, 1-bedroom units in this strip achieve the highest annual occupancy rates in Hurghada from European holidaymakers, digital nomads, and coastal travelers.

Capital Appreciation: Entering during the construction phase allows buyers to lock in prices under favorable payment terms while capturing significant capital appreciation ahead of official handover.

Where is Riva Beachfront Located?

Riva commands an irreplaceable position in the central Tourist Beach Zone (Division 8/9) along El Mamsha Promenade, Hurghada. Residents enjoy walk-to-everything convenience combined with swift connectivity to key transport hubs and regional destinations:

Hurghada International Airport (HRG): 10 minutes

Hurghada Marina Boulevard: 10 minutes

Senzo Mall & Club: 10 minutes

Sahl Hasheesh Bay: 25 minutes

El Gouna Resort Town: 30 minutes

Soma Bay Peninsula: 35 minutes

What Facilities & Amenities are Available?

Riva is engineered as a self-sustaining coastal district equipped with private residential and leisure facilities:

Private Beach: 250 meters of pristine, soft golden sand equipped with private cabanas and sun loungers

Water Features: 12,000 sqm of swimmable natural lagoons and multiple interconnected freshwater swimming pools

Private Marina Pier: Direct jetty access for boat excursions, yacht docking, diving trips, and snorkeling excursions

Commercial Promenade: Integrated retail strip housing seaside fine dining, boutique bakeries, beach clubs, and specialty coffee shops

Parking Infrastructure: Dedicated underground parking facilities ensuring traffic-free internal streets and unobstructed open sea views

Wellness & Sports: State-of-the-art fitness gym, sports courts, wellness spa, and an on-site international diving center

Safety & Upkeep: 24/7 gated security with biometric/card access, CCTV monitoring, and dedicated full-time property and facility management

Frequently Asked Questions (FAQs)

Can foreign buyers purchase and own property in Riva Beachfront?

Yes. Foreign nationals can purchase freehold residential hotel units in Riva Beachfront without restriction, retaining full resale and inheritance rights under Egyptian real estate regulations.

How does the rental management program operate at Riva?

Riva offers an integrated hotel management model operated by Branis for Hotels and Tourism. Owners can enter their unit into the professional rental pool, where the operator handles marketing, guest relations, cleaning, and maintenance, distributing quarterly net rental returns directly to your bank account.

What are the scheduled maintenance costs and payment terms?

A one-time maintenance deposit of 10% (800,000 EGP) is due in March 2029 prior to delivery. This fund is deposited into a dedicated account where annual yields offset daily cleaning, security, lagoon filtration, and common infrastructure upkeep.

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Veranda Sahl Hasheesh: An exclusive Mediterranean-style residential community set on the rolling hills of Sahl Hasheesh, offering private lagoon pools, a clubhouse, and golf cart beach access.

The View Hurghada: A centrally located coastal development set on an elevated cliffside between Sheraton Road and El Mamsha, renowned for its open panoramic views across Giftun Island.