Studio in Hurghada, Egypt, 40 m²

Discover prime coastal living at RIVA Beachfront District, an upscale beachfront development by EIT Spaces Developments located directly on Hurghada's pedestrian El Mamsha promenade.

• Project: RIVA Beachfront District (by EIT Spaces Developments)

• Unit Type: Studio Apartment (3rd Floor, Building E)

• Built-Up Area: 40 sqm

• Layout: Open-plan sleeping & living lounge, kitchenette, wardrobe hall, 1 modern bathroom

• Finishing: High-spec full finishing with large panoramic glass framing

• Price: EGP 5,650,000

• Payment Plan: 20% down payment (EGP 1,130,000) + 80% over 5 years in equal quarterly installments (EGP 226,000/quarter)

• Delivery: 3 years from contracting (2 years of installments post-handover)

• Maintenance Fee: 10% (EGP 565,000) due at handover

Key Amenities & Community Features:

• Direct access to a 250m private sandy beach

• 12,000 sqm swimmable lagoons & multiple swimming pools

• Private marina pier for boat trips and snorkeling

• Vibrant commercial promenade with dining, cafes, and boutiques

• Underground basement parking & pedestrian-only zones

• 24/7 gated security & on-site professional facility management

Prime Location:

• Set directly on El Mamsha promenade with direct shoreline access

• 8–10 minutes to Hurghada International Airport

• 12–15 minutes to Hurghada Marina & Sheraton/Downtown

• 25 minutes to Sahl Hasheesh | 35 minutes to El Gouna

Investment Edge:

• Freehold ownership available for foreign buyers

• High-yield short-term rental asset (Airbnb/Booking.com) with projected gross returns of 10%–14%

• High capital appreciation driven by the rarity of El Mamsha beachfront land