Riva Hurghada | Apartments for Sale on the Tourist Promenade

Are you looking for apartments for sale on the tourist promenade in Hurghada? Riva sits right where the city’s beach life meets its walking street. On one side, you have the Red Sea. On the other, you have Hurghada’s Mamsha promenade. As a result, you get quiet mornings by the water and lively evenings just a few steps away.

Riva isn’t built for short stays only. Instead, it’s made for real, everyday living. The developer finishes every home fully, so you move in without extra work. In addition, walkable streets and underground parking keep the community calm and open above ground.

Why Riva Works?

Riva sits close to everything you need, yet it still feels calm. For example:

• 10 minutes to Hurghada Airport
• 10 minutes to Hurghada Marina and Senzo Mall
• 25 minutes to Sahl Hasheesh
• 30 minutes to El Gouna
• 35 minutes to Soma Bay

What are the amenities in Riva?

Riva gives you space to relax and space to enjoy. Specifically, the community includes:

• 250 meters of soft sandy beach
• 12,000 sqm of natural swimmable lagoons
• Marina access for boat trips and diving
• A dedicated diving center
• Underground parking for quiet, clear streets
• Cafés, restaurants, and boutique shops
• 24/7 security and on-site management

A Quick look at Riva’s sandy beach:

Master Plan Highlights

Riva’s planners designed a full coastal district, not just a set of buildings. The master plan includes:

• A beach restaurant
• A diving center
• An entertainment area
• A hotel and serviced apartments
• A commercial area
• Lagoon-front hotel apartments
• Residential units around the pool and lagoon

The Commercial Strip

Riva’s commercial strip connects daily life with Hurghada’s promenade. Cafés, restaurants, and small shops sit within walking distance of home. Because of this, the strip feels like an extension of the community rather than a separate mall.

A Boutique Hotel Inside Riva

Riva also includes its own boutique hotel. So, residents can enjoy beach service, dining, and concierge support without ever leaving the community.

Available Types Of Apartments for Sale in Riva:

Riva offers a full range of home sizes to fit different needs, including:

• Studios
• One-bedroom apartments
• Two-bedroom apartments
• Three-bedroom apartments
• Select duplex units with a unique layout

Price and Payment Plan

• Prices start from EGP 4,950,000
• Down payment: 20%
• You pay the remaining balance over 5 years.
• The developer delivers the unit 3 years from the contract date.

Why Riva Is a Good Investment?

Riva sits directly on the promenade, and beachfront locations like this rarely open up in Hurghada. Because land here is limited, early buyers usually see the strongest price growth once later phases launch at higher rates. Moreover, the mixed-use design works in your favor: since the district combines a hotel, dining, and retail in one place, Riva can attract steady rental demand from tourists all year, not just during peak season. On top of that, a 20% down payment with a 5-year plan keeps your entry cost manageable, while a 3-year delivery window means you won’t wait long to use or rent the unit. Therefore, if you’re comparing apartments for sale on the tourist promenade, few locations combine walkability, beach access, and rental potential the way Riva does.

Who is the Developer of Riva?

A partnership between EIT Development and Spaces Development delivers Riva.

EIT Development is a Hurghada-based real estate developer known for beach-side communities along the Red Sea. The company previously operated as the Egyptian International Tourism Company (E.I.T.C.), so it brings decades of tourism-sector experience into its current projects. Eng. Ashraf Labib founded and leads EIT Development, and under his leadership, the company built a solid name in Hurghada’s property market through projects such as Florenza Khamsin, Scandic Resort, Long Beach Residence, Maraya, and Riva itself. Meanwhile, more developments are underway.

Spaces Development is EIT’s partner on Riva, and the two companies are shaping the project together as a year-round coastal district. Interestingly, Spaces Development also works with Red Sea Mix, one of the material suppliers behind Lavaya, another Hurghada community — a connection that points to a shared focus on build quality across projects.

Ready to Invest in Riva?

Apartments for sale on the tourist promenade don’t come up often. Riva puts you right between the sea and the street, so don’t wait — book a unit before the next price release.