For Sale: 2 Bedroom Chalet in Reef Town, Soma Bay | BUA 148 sqm | EGP 23,650,000

This 148 sqm ground-floor chalet in Reef Town, Soma Bay sits on Egypt’s Red Sea coast and comes with a private garden terrace — the defining feature of a ground-floor position that most resale units here cannot offer.

Ground-floor terrace chalet in Reef Town Soma Bay

Space on the ground floor reads differently from an apartment above it. The two bedrooms open through the living area toward the garden, where the terrace extends the interior into open air — morning coffee outside, shade by afternoon. The layout is flexible: the current two-bedroom configuration can be converted to three bedrooms without structural complexity, giving a buyer meaningful optionality from day one. At 148 sqm, there is enough room for that third bedroom without the floor plan feeling compressed. The unit is delivered core and shell, allowing the incoming owner to specify finishes entirely to their own taste.

Reef Town sits within Soma Bay, one of the Red Sea’s most self-contained resort communities. The peninsula’s beach, marina, and watersports infrastructure are within walking distance — kite-surfing, diving over the coral reefs, and year-round warm water that draws European visitors and owners throughout winter. Hurghada International Airport connects directly to Frankfurt, Vienna, and Zurich, making weekend access genuinely practical rather than aspirational.

For DACH buyers, Soma Bay’s position in the Hurghada corridor has shown consistent demand from European holidaymakers, which translates into a strong short-let market for well-located, terrace units like this one. The resale structure here is notable: a substantial portion is covered on signing, with the remainder payable in quarterly instalments through to mid-2031 — giving a buyer time to complete finishing before the rental clock starts. Delivery is set for October 2026.

To request the floor plan or arrange a site visit with a Liaison advisor, contact us directly — the conversion potential and terrace position make this worth seeing in person.

Zahlung

Down payment: EGP 14,150,000. Remaining balance: EGP 9,500,000, payable in quarterly instalments of EGP 480,000 each, from 30 November 2026 to 30 August 2031. Delivery: October 2026. Unit delivered core and shell. Agency commission is payable on top of the property price; the exact rate will be confirmed on request.

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