Almaza Bay Ras Soma: Travco's Red Sea Destination, Explained for European Buyers For a decade, "Almaza Bay" meant one coast. Travco Properties' flagship on Egypt's North Coast set a benchmark for what a fully integrated, year-round resort town could be. Now the brand has crossed to the other sea. Almaza Bay Ras Soma is Travco's Red Sea destination, built on the natural bay of Ras Abu Soma, roughly 35 to...
Market Insights
It comes up every time. A European buyer — often German, Dutch, Austrian, or Scandinavian — discovers a Soma Bay chalet or an El Gouna townhouse, falls in love with the location, and then pauses. Is it really safe to buy in Egypt? Can I actually own property there? What happens to my money? Those considering whether to buy property in Egypt along the Red Sea often come from Europe and face these exact...
If El Gouna is the Red Sea's cosmopolitan city, Soma Bay is its private peninsula — and that distinction is everything. Surrounded by sea on three sides, 45 minutes from Hurghada Airport, and home to five luxury resort hotels, two championship golf courses, a kitesurf school ranked among the world's best, and 11 kilometres of private beachfront, Soma Bay operates on a different scale. The Soma Bay...
El Gouna has always been different. While other Red Sea destinations sell sunsets and swimming pools, El Gouna sells a life — one with international schools, a hospital, a marina, an airport, a golf course ranked among the world's top ten, and a film festival that draws names from Cannes. But something has shifted in 2025. The town is not just more complete; it is more confident. El Gouna enters a new...