Premium Coastal Living: Studio for Sale at RIVA Beachfront Resort Hurghada

Mamsha - Promenade Property Id: HRA-480-S

7,750,000

Premium Coastal Living: Studio for Sale at RIVA Beachfront Resort Hurghada

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Studio
Beds:0
Baths:1
43 M²

Description

What is RIVA Beachfront Resort?

RIVA Beachfront District is a premium mixed-use coastal development situated directly on the iconic pedestrian Mamsha Promenade in Hurghada. Developed by EIT Spaces Development, the project bridges the vibrant city life of Hurghada with the serene shoreline of the Red Sea. RIVA is intentionally designed as a year-round, lived-in beachfront community rather than a seasonal escape. It delivers an architectural aesthetic defined by modern minimalism, maximum natural light, and functional simplicity.

What are the Unit Specifications?

This specific property highlight is an exclusive sea-view studio located on the third floor of the development.

Unit Type: Studio

Layout: 0 Rooms | 1 Bathroom

Gross Area: 42.8 sqm

Floor: Third Floor

View: Fully uninterrupted Sea View

Finishing: Delivered fully finished to high-end architectural specifications

Total Base Price: 7,750,000 EGP

The internal allocation of space emphasizes a smooth layout flow between the open-plan kitchen, dining area, and living space, leading out to the structural terrace .

What is the Payment Plan?

RIVA Beachfront Resort offers highly flexible financing alternatives tailored to secure maximum capital protection and structured equity buildup:

Plan A: 5-Year Installment Plan (Standard Ledger)

Down Payment: 20% (1,550,000 EGP) payable upon contract signing

Installments: Equal quarterly payments of 4% (310,000 EGP) distributed over 5 years (20 quarters)

Plan B: 4-Year Installment Plan

Down Payment: 15%

Installments: Equal quarterly installments distributed over 4 years.

Special Cash Offer

Cash Discount: A 25% direct reduction on the total unit price is applied for full upfront cash payment.

Mandatory Deliverables

Maintenance Deposit: 10% (775,000 EGP) payable 6 months prior to property handover.

Delivery Date: Guaranteed within 3 years from the contract effective date.

Why Invest in RIVA Beachfront Resort?

Investing in RIVA balances premium asset ownership with predictable cash-flow generation, fulfilling the standard core requirements of a high-yield vehicle:

Premium Rental Yields: Beachfront studios on Hurghada's pedestrian Mamsha command some of the highest occupancy rates along the
Red Sea. The continuous influx of European tourists guarantees steady, hard-currency rental income.

Capital Appreciation: Securing a unit during the current construction phase guarantees significant equity growth by the time of completion in 3 years.

Liquidity & Brand Equity: Small units (studios and 1-bedrooms) retain the highest liquidity in the Hurghada secondary market, enabling swift exit strategies for investors when required.

Where is RIVA Beachfront Resort Located?

The project occupies a rare parcel of land directly between the pedestrian Mamsha Promenade and the Red Sea shorefront. The geographic location maximizes accessibility to regional infrastructure landmarks:

Hurghada International Airport: 10 minutes

Hurghada Marina: 10 minutes

Senzo Mall: 10 minutes

Sahl Hasheesh: 25 minutes

El Gouna: 30 minutes

Soma Bay: 35 minutes

What Facilities & Amenities are Available?

RIVA is engineered to operate with self-sustaining boutique hospitality infrastructure. The lifestyle integration layout includes:

Private Beachfront: 250 meters of private, golden sand beach access.

Natural Swimmable Lagoons: Over 12,000 sqm of crystal-clear lagoons woven throughout the core residential zones .

Commercial Strip: An exclusive walkway featuring premium beachfront restaurants, retail shops, and open-air cafés.

Marine & Diving Center: Direct access to marine operations for diving excursions, sailing, and island day trips.

Mobility & Security: Full underground parking infrastructure to maintain vehicle-free surface views, coupled with 24/7 security and professional estate management.

Frequently Asked Questions (FAQs)

1. Is the beach at RIVA natural or artificial, and can residents swim in the lagoons?

The development features a 250-meter natural beachfront with direct access to the sea. Additionally, the 12,000 sqm of internal lagoons are engineered as fully swimmable, crystal-clear water structures integrated safely between residential blocks.

2. Are the units delivered finished, and what does the maintenance deposit cover?

Yes, all residences are delivered fully finished with an architectural focus on natural light and premium materials. The mandatory 10% maintenance deposit is utilized by the management company to secure long-term upkeep of the lagoons, beach, facade, underground parking, and common facilities.

3. When will my unit be delivered, and can I resell it before then?

Handover is contractually scheduled within 3 years from the date of contract execution. Resale options are available during construction, subject to the standard terms outlined by the developer’s estate management division.

Related Projects (You May Also Like)

If you are evaluating premium real estate investments across the Red Sea governorate, consider these comparable luxury developments:

Veranda Sahl Hasheesh: Celebrated for its unique architectural aesthetic, exceptional rental demand, and private beach access within the exclusive Sahl Hasheesh resort zone.

Makadi Heights: A fully integrated town development by Orascom Development, ideal for families and investors looking for long-term capital appreciation and extensive family amenities.