This property is a 65 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 EGP7,100,000 (EGP109,231/SqM).
Apartment One bedroom 65 Sqm Green Contract, private beach
own your seaside home at riva beach resort. hurghada
experience a new standard of coastal living in one of hurghada’s most desirable locations. directly on the vibrant promenade and moments away from the city’s top attractions and destinations.
perfectly positioned for both lifestyle and investment. riva beach resort offers exceptional connectivity:
• 10 minutes from hurghada international airport
• 10 minutes from senzo mall
• 25 minutes from sahl hasheesh
• 30 minutes from soma bay & marassi red sea
• 35 minutes from el gouna
designed to deliver a complete resort-style experience. the project features:
private beach • swimming pools • crystal lagoons • marina access • underground parking • cafés & restaurants • retail area • 24/7 security • professional property management
flexible payment plans:
• 15% down payment with installments up to 4 years
• 20% down payment with installments up to 5 years
• 25% discount on cash payments
delivery date: 2028
whether you are searching for a holiday retreat. a permanent residence. or a high-potential investment opportunity. riva beach resort presents a rare chance to own in one of hurghada’s most prestigious seaside destinations.
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.
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Listed By
Developer
Electricity PriceN/A
Water PriceN/A
Unit IDU6259819
Investment Opportunity: Charges & Yield
Sale Price
EGP7,100,000
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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