Lagoon & Golf Vista Luxury: 2-Bedroom Fully Finished Grand Chalet in Blanca Collection, Somabay

Soma Bay Property Id: SBC-377/2-S

18,400,000 EGP

Lagoon & Golf Vista Luxury: 2-Bedroom Fully Finished Grand Chalet in Blanca Collection, Somabay

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Chalet
Beds:2
Baths:2
106 M²

Description

What is Blanca Collection Somabay?

Blanca Collection is an upscale residential enclave set within the world-class resort peninsula of Somabay along Egypt’s Red Sea coast. Embracing organic, curved modernist architecture with clean white lines, Blanca harmonizes desert landscapes with tranquil lagoons and manicured golf fairways. The community is curated for discerning holidaymakers and long-term residents seeking an active yet serene coastal lifestyle, supported by Somabay’s year-round sunshine, refreshing sea breezes, and private community infrastructure.

What are the Unit Specifications?

This premium Grand Chalet is delivered fully finished on the second floor with open views over the lagoon and golf fairways:

Total Built-Up Area (BUA): 106 sqm

Configuration: 2 Bedrooms, 2 Bathrooms, Open Living Area, Private Terrace

Finishing Level: Fully finished to developer standards

Delivery Window: Within 3 years

What is the Payment Plan?

Somabay provides two distinct payment structures to maximize cash flow flexibility:

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 (commencing 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 (payable in cash)

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

Why Invest in Blanca Collection Somabay?

From an investment standpoint, Blanca Collection presents compelling fundamentals for foreign exchange capital growth and rental yield:

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 featuring dual lagoon and golf vistas.

Where is Blanca Collection Located?

Blanca Collection is centrally situated within the self-contained Somabay peninsula on the western shore of the Red Sea in Egypt:

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 the Somabay Marina, Gary Player 18-hole Championship Golf Course, and the world-class kitesurfing bay at 7Bft.

What Facilities & Amenities are Available?

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 planet’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, and yacht mooring.

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

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

Frequently Asked Questions (FAQs):

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

A: Yes, non-Egyptian nationals enjoy 100% freehold property ownership rights across Somabay, and qualifying purchase values can be utilized toward Egyptian real estate residency visas.

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

A: Yes, homeowners are permitted to operate short-term holiday rentals independently or collaborate with Somabay’s on-site rental and hospitality management services to earn hands-off yields in hard currency.

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

A: The unit is handed over completely finished with flooring, plastered and painted interior walls, electrical switches, fully fitted bathrooms with sanitary ware, and internal door assemblies (movable furniture and kitchen appliances are excluded).