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CORAL COVES | 2-Bedroom Apartment | 110 sqm

EGP 14,490,000 · Soma Bay · Soma Bay, Safaga, Red Sea, Egypt

Public Beachfront property page.

EGP 14,490,000

Soma Bay · Soma Bay, Safaga, Red Sea, Egypt

2 rooms · 2 bathrooms · 110 m²

New

CORAL COVES – 2-Bedroom Apartment in Somabay

This 110 sqm 2-bedroom apartment at CORAL COVES in Somabay offers a practical residential format within the project's nature-inspired masterplan.

CORAL COVES is designed around the natural topography and organic forms associated with the Red Sea coral environment. The project combines villas, chalets and apartments with low-rise architecture, landscaped open spaces and access to the wider lifestyle infrastructure of Somabay.

With its 110 sqm area and two-bedroom layout, this property is relevant for buyers seeking a larger apartment for personal use, holidays or longer stays within Somabay.

Property Details

Property Type: Apartment
Floor: 1st Floor
Built-up Area: 110 sqm
Bedrooms: 2
Furnishing: Unfurnished

Project Features

Location within Somabay
Nature-Inspired Masterplan
Low-Rise Residential Architecture
Villas, Chalets & Apartments
Landscaped Open Spaces
Somabay Championship Golf Course
Somabay Marina
ORCA Dive Center
House Reef & Snorkeling
7BFT – The Kite House
Kitesurfing & Water Sports
The Cascades Spa & Thalasso
Beaches & Beach Clubs within Somabay
Restaurants, Cafés & Hospitality
Wider Somabay Resort Infrastructure

The beach, golf, marina, diving, wellness and hospitality facilities form part of the wider Somabay destination and should not automatically be interpreted as exclusive facilities belonging to CORAL COVES.

Maintenance

Maintenance Fee: USD 12 per sqm BUA per year
The maintenance fee is calculated according to the property's Built-Up Area (BUA).
The first maintenance fee is due 6 months after reservation.
The next maintenance fee is due 1 year after delivery.
Maintenance is then payable annually.

This fee structure was supplied separately as the current Somabay structure and is not stated in the CORAL COVES brochure. It should therefore be reconfirmed for this property before purchase.

Buyer Information

No commission is charged to the buyer.
This property is a 2-bedroom apartment with a built-up area of 110 sqm.
No terrace or garden area is stated for this property in the supplied inventory.
The internal unit number and inventory reference are not publicly displayed in accordance with Beachfront Real Estate listing standards.
The CORAL COVES brochure states that the residences are sold unfurnished, without furniture, furnishings or white goods provisions.
Architectural details, dimensions and areas in the brochure are based on schematic design information, and final as-built conditions may vary.
Water and electricity meter fees are due within 15 days after reservation.
The supplied Somabay fee structure states USD 700 per meter, with a standard total of USD 1,400 for two meters.
Membership for the Clubhouse with Sports Arena is due 1 year after reservation.
The currently supplied membership options are:EGP 400,000 cashEGP 500,000 over 2 years – 8 installmentsEGP 600,000 over 3 years – 12 installments
The previously supplied Somabay information identifies this membership as mandatory. As the structure is not stated in the CORAL COVES brochure, its application and current amount should be reconfirmed for this property.
The unit price and purchase installment structure are intentionally not displayed on the standard Beachfront Real Estate unit page.
Prices, availability, discounts, fees and reservation conditions are live commercial information and should be reconfirmed before reservation or purchase.
Before purchasing, buyers should confirm the individual floorplan, exact masterplan position, orientation, view, finishing specification, contractual delivery date, ongoing costs and relevant ownership documentation.
Project and property information is based on developer information and may be subject to change.
Beachfront Real Estate provides updated availability, current quotations and relevant property information before purchase.