Flat in Hurghada, Egypt, 150 m²

Experience upscale waterfront living at Riva Beachfront District, a master-planned community by Eight Spaces Developments positioned directly along the iconic Hurghada Tourist Promenade (El Mamsha) with prime Red Sea frontage.

Property Details:

• Type: Luxury 2-Bedroom Duplex (Turnkey fully finished)

• Gross Area: 150.4 sq.m

• Terrace: 7 sq.m overlooking landscaped water features

• Ground Floor: Open living & dining hall, modern kitchen, guest bathroom

• Mezzanine: 2 primary bedrooms with en-suite/full bathrooms

Project & Community Highlights:

• Development: Riva Beachfront District by Eight Spaces

• Prime Location: Directly on El Mamsha, 8–10 mins to Hurghada Airport, 15 mins to Downtown, and 15–20 mins to Sahl Hasheesh

• Waterfront Living: 250m private sandy beach and 12,000 sq.m of swimmable natural saltwater lagoons

• Marina Pier: Direct berthing for private marine excursions and diving trips

• Resort Amenities: Central swimming pools, sun decks, boutique dining, cafes, and retail promenade

• Convenience & Safety: Underground dedicated parking and 24/7 gated security with concierge services

Payment Plan (5 Years):

• Total Price: EGP 12,900,000

• Down Payment (20%): EGP 2,580,000

• Installments: 20 equal quarterly payments of EGP 516,000 (4% each) over 5 years

• Handover: Within 3 years (2 years of payments post-delivery)

• Maintenance: 10% near delivery

Investment Edge:

• Full freehold ownership for local and foreign buyers

• High rental yield potential across short-term holiday lettings in foreign currency and annual leases

• Strong off-plan capital appreciation and professional on-site facility management