This property is a 61 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Princess Resort project in Hurghada Resorts, Red Sea and was completed in Jan 2022. You can buy this apartment for a base price of EGP4,875,000 (EGP79,918/SqM).
Beachfront 1-Bedroom Apartment on Mamsha Promenade
Riva Beach Resort — Your Red Sea Retreat in Hurghada
Own a stylish 1-bedroom apartment with 61 m² + 20 m² private garden on the ground floor, just steps from the sea at Hurghada’s vibrant Promenade. Perfect as a holiday home, full-time residence, or high-demand rental property.
Why You’ll Love It
Prime location beside SUNRISE Aqua Joy Resort — easy access to beaches, cafés, shops, and the marina
Private garden for morning coffee or evening relaxation
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity PriceN/A
Water PriceN/A
Unit IDU6110790
Investment Opportunity: Charges & Yield
Sale Price
EGP4,875,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom apartments at Princess Resort, and the current sales price.
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