Bayut - HRD-397/9-S

Off-Plan

Map

Request video

EGP12,900,000

EGP 172,000 monthly / 5 years

Down payment: EGP 2,580,000

El Mamsha, Hurghada, Red Sea

2 Beds

2 Baths

150 Sq. M.

Luxury 2BR Duplex in Riva Beachfront District

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