Reef Town Soma Bay

Chalet
Beds:2
Baths:1
149 M²

Description

What is Reef Town Somabay?

Reef Town Soma Bay is the latest residential project in Somabay, designed to reflect the raw beauty of the Red Sea through a minimalistic style that incorporates natural colors and textures. Strategically located between Wadi Jebal and Soma Breeze on the reef side of the bay, the project covers 117,078 m² (with a low Built-Up Area of just 23,244 m²). This positioning boasts unobstructed, panoramic views of the Red Sea and places residents just a short walk away from the world-renowned golf course, the private coastline, and The Cascades Hotel.

What are the Unit Specifications? This is a spectacular Ground Floor Chalet (Phase 3) offering an immense private garden that is almost double the size of the indoor living space.

Unit Type: Ground Chalet (Chalet G)
Gross Area: 149 m²
Terrace Area: 33 m²
Private Garden: 280 m²
Layout: 2 Bedrooms.
Payment Plan: 10% Down Payment and installments over 7 Years.
Special Offer: 25 Equal Quarterly Installments of 968,400 EGP (First installment is due After One Year).

Why Buy this Chalet in Reef Town?

Massive Private Garden: A 280 m² garden for a 2-bedroom unit is an extraordinary find. It provides a villa-like outdoor experience, perfect for families, entertaining, or simply enjoying the panoramic Red Sea views in total privacy.
The "Grace Period" Advantage: Paying a 10% down payment and not having to pay your first installment for a full year is a spectacular financial advantage. It allows you to secure the asset today and manage your cash flow effortlessly.
Incredible Cash Discount: If you prefer to pay upfront, the price drops from 26.9M EGP to 18.83M EGP, offering immediate, built-in equity for cash buyers.

Why Choose Somabay?

A European Feel on the Red Sea: Spanning 10 million square meters, Somabay is a fantasy-scape of sun-drenched activities, characterized by a laid-back European atmosphere, year-round sun, and clear sapphire waters.
Integrated Luxury: The peninsula is home to five luxury resort hotels and a comprehensive portfolio of signature residential properties, providing residents with an unmatched level of service, a lively marina, and a soul-soothing jetty.

What Facilities & Amenities are Available?

World-Class Golf: Walking distance to The Cascades, an 18-hole championship golf course.
Premium Hotels: Immediate proximity to The Cascades Hotel and its award-winning Spa & Thalasso.
Coastal Living: Access to a private coastline with unparalleled snorkeling and diving at the nearby House Reef.

Frequently Asked Questions (FAQs)

How does the 7-year payment plan work? You pay a 10% down payment (2,690,000 EGP) to secure the unit. The remaining balance is divided into 25 equal quarterly installments, but your very first installment is not due until one full year after booking.
Is the garden included in the price? Yes, the massive 280 m² garden is fully integrated into the total property price.
Where exactly is Reef Town located? It is situated on the reef side of the Somabay peninsula, directly between the Wadi Jebal and Soma Breeze developments.