RIVA is a premium project on the first line of the Red Sea.
Key features
Details
Property description
RIVA is a modern residential project on the Red Sea coast, located in one of Hurghada's most sought-after locations—the Mamsha pedestrian promenade. The project combines the comfort of city living, a resort atmosphere, and high investment potential, creating a fully-fledged space for living, relaxing, and generating stable rental income.
The project is being implemented by a reliable developer with a proven track record in the Egyptian real estate market.
The complex is designed as a self-sufficient environment with well-developed infrastructure, where everything necessary is within walking distance. The project includes a marina, a diving center, restaurants, cafes, shops, and a large shopping and entertainment area. Particular attention has been paid to landscaping and recreational areas, creating a resort-like feel year-round. One of the key advantages is the wide private beach and well-designed infrastructure for water recreation.
The project includes approximately 650–700 apartments of various sizes, as well as a hotel area with a boutique hotel. The grounds feature three large swimming pools with a total area of approximately 6,000 m² and natural swimming lagoons covering approximately 12,000 m².
The commercial section occupies approximately 12,000 square meters, providing a high level of service and convenience for residents. It includes underground parking for over 300 cars, 24-hour security, and professional property management.
The project offers studios ranging from 40 to 65 square meters. Prices start at $48,850 with full payment.
Installment plan:
$9,770 - down payment
The balance is 16 quarterly payments of $3,460 each.
One-bedroom apartments from 60 to 93 sq m. Price when paid in full: $77,750
Installment plan:
$15,550 - down payment
The balance is 16 quarterly payments of $5,507 each.
Two-bedroom apartments from 126 to 142 square meters. Price when fully paid: $150,700.
Installment plan:
$30,137 - down payment
The balance is 16 quarterly payments of $10,670 each.
The developer offers flexible purchase terms:
initial payment of 15% with installments up to 4 years or 20% with installments up to 5 years.
Discount for full payment - 25%.
The service fee is 10% of the property value and is paid in one lump sum before receiving the keys.
The apartments are delivered fully finished, without furniture, kitchens, or air conditioning, allowing you to design the interior to suit your individual taste.
The deadline for completion of the project is 3 years from the date of signing the contract.
RIVA is one of the most ambitious projects on the Red Sea coast, offering modern architecture, developed infrastructure, and a high level of comfort combined with investment appeal!
Agency: KIKO Real Estate