
EGP 20,930,000 · Soma Bay · Blanca Residences, Soma Bay

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EGP 20,930,000
Soma Bay · Blanca Residences, Soma Bay
2 rooms · 1 bathrooms · 114 m²
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A rare opportunity in Soma Bay – the last available 2-bedroom apartment of its type, combined with an exceptional limited financing offer.
This exclusive 2-bedroom apartment in Blanca Residences, Soma Bay offers approximately 114 sqm of beautifully designed living space, a desirable first-floor position and sea views within one of Egypt’s most established luxury destinations on the Red Sea.
What makes this property particularly attractive is not only its limited availability, but the exceptional purchase conditions currently offered.
With a 30% discount from the regular list price of EGP 29,900,000, the apartment is available at a special purchase price of only EGP 20,930,000 – while still benefiting from a 5-year financing plan.
For buyers seeking maximum flexibility, alternative payment structures of up to 8 years are also available.
The thoughtfully designed residence combines generous proportions with contemporary coastal architecture. Two comfortable bedrooms, a spacious open-plan living and dining area and a private outdoor space create an elegant home designed for the relaxed year-round lifestyle of Soma Bay.
Whether purchased as a private holiday residence, second home or international real estate investment, this apartment combines scarcity, sea views and highly attractive financing conditions in one exceptional opportunity.
• Property Type: Apartment
• Project: Blanca Residences
• Location: Soma Bay, Red Sea, Egypt
• Unit Number: F2-202
• Floor: First Floor
• Built-up Area: 114 sqm
• Bedrooms: 2
• View: Sea View
• Living Area: Spacious open-plan living and dining area
• Kitchen: Contemporary open kitchen
• Finishing: Fully finished
• Outdoor Space: Private terrace/balcony
• Availability: Last available apartment of this type
• Offer: Limited-time special purchase and financing conditions
• LIMITED OFFER – last available 2-bedroom apartment of its type
• 30% discount from the EGP 29,900,000 list price
• Special purchase price of only EGP 20,930,000
• 5-year financing available despite the 30% discount
• Alternative financing of up to 8 years
• Earlier delivery option available with higher initial payment
• 114 sqm of generous living space
• Desirable first-floor position
• Beautiful sea views
• Two spacious bedrooms
• Contemporary coastal architecture
• Fully finished residence
• Private outdoor living space
• Located within the prestigious Soma Bay destination
Limited Offer | Three Purchase Options
One of the most distinctive advantages of this property is the possibility to choose between three different purchase structures, depending on whether the priority is price, early delivery or long-term financing.
An exceptional combination of price advantage and financing.
• Regular list price: EGP 29,900,000
• 30% discount
• Special purchase price: EGP 20,930,000
• Financing period: 5 years
Unlike conventional cash-discount offers, this special structure combines the substantial 30% price reduction with a 5-year financing period, making it particularly attractive for buyers looking to optimize both purchase price and liquidity.
Saving compared with the list price: EGP 8,970,000.
For buyers who prioritize earlier access to their property, an alternative short-term payment structure is available.
• 40% down payment
• Remaining balance financed over 1 year
• Earlier delivery available under this payment structure
The exact delivery schedule and payment details are subject to final confirmation by the developer at the time of reservation.
For buyers who prefer a lower initial capital commitment and maximum payment flexibility:
• Purchase price: EGP 29,900,000
• 5% down payment upon contract signing: EGP 1,495,000
• Additional 5% payment in January 2027: EGP 1,495,000
• Remaining balance payable through quarterly installments
• Financing period: 8 years
According to the current developer payment schedule, the subsequent quarterly installments are EGP 897,000.
This structure provides an attractive alternative for buyers who prioritize long-term liquidity over the maximum purchase-price discount.
Additional Purchase Costs
In addition to the purchase price, the following charges apply according to the current developer payment plan:
EGP 1,400 per sqm or USD 2,100 per garden
This is a one-time payment due within 15 days after reservation.
USD 12 per sqm BUA
According to the current payment plan, the maintenance fee is payable 6 months after the contract date and one year after delivery.
Sports Club membership is marked as mandatory in the current developer payment plan.
Two payment alternatives are currently stated:
Option 1
• EGP 400,000 cash
• or EGP 500,000 over 2 years
Option 2
• EGP 600,000 over 3 years
All additional charges and payment conditions are subject to final confirmation by the developer.
Blanca Residences forms part of the wider Soma Bay destination, offering residents access to one of the Red Sea’s most established lifestyle environments.
Beyond the residence itself, Soma Bay combines beaches, water sports, golf, wellness, hospitality and year-round outdoor living within a distinctive coastal setting.
Residents and homeowners can enjoy:
• Championship golf
• Private beaches
• Marina lifestyle
• Diving and snorkeling
• Kite surfing and water sports
• Spa and wellness facilities
• Restaurants and cafés
• Walking and cycling routes
• Professional destination management
• 24/7 security
There are properties where the location is the decisive factor.
Others stand out because of their price.
This opportunity combines location, scarcity, sea views and financing flexibility.
As the last available 2-bedroom apartment of its type, the residence already represents a limited opportunity within Blanca Residences.
The special EGP 20,930,000 purchase price makes the proposition even more compelling: compared with the regular EGP 29,900,000 list price, buyers benefit from a saving of EGP 8,970,000, while retaining the possibility of financing the purchase over five years.
Alternatively, buyers can prioritize earlier delivery or extend payments over as much as eight years.
This flexibility makes the property suitable for different acquisition strategies – from private buyers seeking a Red Sea residence to international investors looking for an attractive entry point into Soma Bay.
LAST AVAILABLE 2-BEDROOM UNIT
114 sqm | First Floor | Sea View
30% Discount + 5-Year Financing
Alternative payment plans of 1 year with earlier delivery or up to 8 years are available.
Availability, pricing and payment conditions are subject to confirmation at the time of reservation.
Detailed floor plans, current payment schedules, reservation conditions and further property information are available upon request.
All property details, prices, payment plans, delivery schedules, fees and specifications are based on information provided by the developer. They may be amended or withdrawn without prior notice. Availability is subject to confirmation.
All currency conversions are for informational purposes only. More information: Currency & Exchange Rate Policy
Last update: 09/08/2026
Prices are based on the latest information available and may change without prior notice due to market conditions or developer updates.






