PROPERTY
We are presenting a unique beach property at the Red Sea cost of Egypt. This spacious 115 sqm penthouse features living room with kitchen annex, 2 bedrooms and 2 bathrooms. It’s on a top floor of 1 storey building (first floor) with a beautiful lagoon views. Walking distance from the sea and with direct access to the White Beach.
The unit will be delivered fully finished within 3 years with flooring and bathrooms, yet without add-on’s like kitchen and other furniture, lights fixtures etc.

Blanca Gardens II is an exclusive, yet laid back residential project in Somabay peninsula. Its exclusive location grants its community an ideal mix of uninterrupted relaxation, powered by the lively happenings of Somabay’s White Beach. The development distinctly lies in a quiet spot straight in the heart of the bay to invite nature and heavenly views into every corner of your home.
White Beach is a permanent backstage pass to experience a magnetic beachfront lifestyle, lined with elegant sun-beds embracing the sea from every angle and perfected by relaxing music tunes, impeccable service and a scrumptious variety of dishes and colorful cocktails to delight.

Ask for details of financing plan which can make investment in your dream holiday home a more affordable journey.

The listing price is converted from the local currency EGP to US dollars at the average exchange rate on the date of the offer’s publication and does not constitute an official offer price in the legal sense. All details are available from the real Estate advisor.

LOCATION
Blanca Gardens II is a residential development 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. Here is where exquisite ribbons of sand are backed by lush green golf views and lapped by turquoise waters sleeping at the foot of red mountain peaks. Captivating beneath the water as above, Somabay is one of the few places on earth that does beach-front luxury so effortlessly.
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, golf course, kite-surfing, scuba diving or any other 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 colorful experiences around its lively marina and soul soothing jetty, so you can take recharge or decelerate.

DEVELOPMENT
Somabay is an exclusive, high-end destination on a ten million square meter peninsula developed by Abu Soma Development Company. 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 hot-spots 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 favorable 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 region.