Blanca Collection Somabay – 2BR Lagoon & Golf Vista Grand Chalet 106m²

Blanca Collection is an upscale residential enclave within the Somabay peninsula, blending organic modernist architecture with lagoon and golf fairway views. This 106m² Grand Chalet offers a fully finished 2-bedroom layout on the second floor with open lagoon and golf vistas.

1. Unit Specifications

• Type: Chalet

• Configuration: 2 Bedrooms, 2 Bathrooms

• Total Built-Up Area (BUA): 106 sqm

• Layout: Open Living Area, Private Terrace

• Floor: Second Floor

• View: Lagoon and golf fairways

• Finishing Level: Fully finished to developer standards

• Delivery Window: Within 3 years

2. Payment Plan

Option 1: Standard 8-Year Installment Plan

• Total Price: EGP 18,400,000

• Initial Down Payment (5%): EGP 920,000

• Second Payment (5% after 3 months): EGP 920,000

• Quarterly Installments: 31 equal payments of EGP 534,194 (starting 3 months after the second payment)

Option 2: 5-Year Plan with 20% Upfront Discount

• Discounted Total Price: EGP 14,720,000

• Initial Down Payment (5%): EGP 736,000

• Second Payment (5% after 3 months): EGP 736,000

• Quarterly Installments: 19 equal payments of EGP 697,263

Associated Project Fees:

• Soma Clubhouse Membership: EGP 400,000 (cash)

• Utilities: EGP 500,000 over 2 years (EGP 62,500/quarter from year 2) or EGP 600,000 over 3 years (EGP 50,000/quarter from year 2)

• Meters: Electricity USD 700; Water USD 700 (payable with down payment)

• Annual Maintenance Fee: USD 12 per sqm per year (payable 6 months post-contract)

Compare with other apartments for sale in Hurghada to see how this payment structure stacks up.

3. About Blanca Collection Somabay

Blanca Collection embraces organic, curved modernist architecture with clean white lines, harmonizing desert landscapes with tranquil lagoons and manicured golf fairways. The community is curated for holidaymakers and long-term residents seeking an active yet serene coastal lifestyle, supported by Somabay's year-round sunshine and private community infrastructure. Browse more properties for sale in Soma Bay to explore similar developments on the peninsula.

4. Facilities & Amenities

• The Cascades Championship Golf Course: 18-hole links-style course designed by Gary Player

• The Cascades Spa & Thalasso: Award-winning thalassotherapy facility and wellness sanctuary

• 7Bft The Kite House: One of the world's top flat-water kitesurfing spots

• ORCA Dive Center & House Reef: Direct access to protected Red Sea corals, drop-offs, and marine life

• Somabay Marina & Commercial Promenade: International dining, cafes, convenience retail, yacht mooring

• Active Leisure & Family Entertainment: Soma Sports Arena (tennis, padel, squash), Soma Raceway go-kart track, Soma Splash waterpark, Jasmine Horse Stable

• Gated Security: 24/7 guarded peninsula entry, monitored residential perimeters, private beach access

5. Investment Case

• Foreign Currency Rental Inflow: Somabay is an internationally recognized sports and holiday haven, allowing owners to capture short-term vacation rental rates in EUR and USD from golf enthusiasts, divers, and kitesurfers.

• Immediate Equity Capture: The 5-year payment option provides an immediate 20% discount on standard pricing, insulating capital against local currency inflation.

• Peninsula Scarcity: Real estate supply on the Somabay peninsula is strictly controlled, driving robust capital appreciation and resale demand for properties with dual lagoon and golf vistas. Investors weighing rental income can also check properties for rent in Hurghada to benchmark current market yields.

6. Location

• Hurghada International Airport (HRG): Approximately 45 km north via the direct Hurghada–Safaga highway (around 40 minutes by car)

• Internal Peninsula Hubs: Minutes by golf cart to Somabay Marina, Gary Player 18-hole Championship Golf Course, and the 7Bft kitesurfing bay

7. FAQs

Q: Can international buyers acquire freehold property in Blanca Collection, Somabay?

Q: Does Blanca Collection allow short-term holiday rentals via platforms like Airbnb?

Q: What is included in the "fully finished" specification for this unit?