PROPRTY
We present a unique property located literally on the beach at the shores of the Red Sea in Egypt. This exceptional 138 m² cabana style property consists of a spacious living room with a kitchenette, 2 bedrooms, and 2 bathrooms, one of which is en-suite. From the living room and master bedroom, through panoramic sliding windows, you step out onto a beautiful terrace with a dining and lounge area. Here, you can enjoy the view of the turquoise sea at any time of day, just a short walking distance away. From the terrace you step down directly to the sandy path leading to the White Beach.
The property will be ready for occupancy within 3 years. It will be delivered fully finished i.e. floors, bathrooms, air conditioning and water heating system included. The finishing standard does not include items such as the kitchen furniture, kitchen appliances, other furniture, or lighting.
An interesting financing plan is also available which can help make your investment in the dream holiday house an affordable 7 year journey.
We have several other properties with similar parameters and would be happy to provide more information upon request.

LOCATION
Blanca Project is located in Somabay, a paradise getaway on the east coast of Egypt famed for its clear sapphire waters, white sandy, beaches and intricate tapestry of coral reefs.

This idyllic peninsula under the Red Sea’s year-round sun is only 45 km south of Hurgharda which makes it a convenient destination for Central European citizens. 4h-flight away from Warsaw, 20 min car ride from Hurgharda International Airport. The proximity of Luxor and the Nile Valley which are only 2h drive away, is also a big advantage of this place.

Nestled on 10 million square meters of lush land, Somabay is where fantasy-scapes follow you wherever you go and sun drenched activities take many forms. Is it sunbathing on a sandy beach, horse back-riding along the shores, relaxing in Thalasso SPA, enjoying early morning on the golf course, kite-surfing, scuba diving or any other sport, water or desert activity – Somabay got you covered.
Expertly conceived to evoke a laid-back European feel, every aspect of the heavenly development is sympathetic to nature, painting colourful experiences around its lively marina and soul soothing jetty, so you can take recharge or decelerate.

DEVELOPMENT
Somabay, developed by Abu Soma Development Company, is an exclusive, high-end destination on a ten million square meter peninsula. The area offers stunning views, with the Red Sea on three sides and direct access to beautiful sandy beaches and coral reefs. The resort features premium amenities like championship golf courses, a world-class spa, and top-tier water sports facilities such as diving and kitesurfing, appealing to a diverse clientele seeking both relaxation and adventure. Today Somabay is a home to 5 luxury resort hotels and a signature portfolio of residential properties which make it one-of-a-kind setting. Future expansions, including additional hotels, education, and healthcare infrastructure, aim to make Somabay a first-home destination, making it an excellent long-term investment opportunity.


WHY EGYPT
Investing in luxury properties at Somabay on Egypt’s Red Sea coast offers several unique benefits, both specific to the development and on a broader macroeconomic level.
Thanks to its prime location and amenities Somabay has a growing appeal to international investors. Egypt, particularly the Red Sea region, has become increasingly popular among international property buyers due to its affordability compared to other luxury destinations. Properties in Somabay are significantly cheaper than comparable ones in global hotspots like Dubai, Marbella (Spain), or Oman. Despite being more affordable, Somabay offers premium facilities and a year-round pleasant climate, making it an attractive location for both permanent residents and vacation homeowners.
Broader economic and tax Incentives also are important to mention. Egypt offers favourable tax policies for foreign investors, including the absence of capital gains tax and inheritance tax. This creates a significant advantage over countries like Spain, where high capital gains and inheritance taxes can affect investment returns. Moreover, The Red Sea area is only a four-hour flight from many major European cities, making it highly accessible for international tourists and investors. Additionally, property prices in Egypt are still considerably lower than those in established luxury markets. This allows investors to obtain luxury properties at a fraction of the cost, with the potential for high rental returns from Egypt’s growing tourism sector.

We strongly believe, that these factors combined make investing in Somabay, and Egypt’s Red Sea in general, a strong proposition for those looking to capitalize on luxury real estate in a rapidly developing and beautiful