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Adopt the Soma Bay lifestyle and make Soma Bay your home too!
As an oasis of tranquility and beauty only 4 hours from Central Europe with year-round sunshine and moderate temperatures, Soma Bay is an ideal choice for a vacation home. A wide choice of distinctive options include Bay Villas, Reef Villas, Golf Villas and Apartments, Marina Apartments and the upcoming Soma Breeze Hotel Residences.
Return on Investment
In addition to being attractive holiday homes in their own right, investing in a "Home away from Home" could also generate attractive returns. As Soma Bay matures into a more widely recognized resort destination, property values can be expected to rise in tandem to approach those of equivalent international destinations. The fiscal climate in Egypt is particularly benign with no capital gains tax or real estate taxes to worry about. So benefit in full can be derived from any increase in real estate values.
Benefits & Privileges
Owners of Resort Homes at Soma Bay benefit from many privileges. They receive preferential fees at The Cascades Golf, at Les Thermes Marins des Cascades, the Dive Center and Marina. They also receive discounted rates at participating resorts, hotels, restaurants and shops in Soma Bay.
Building Guidelines
Building guidelines have been established by Soma Bay for the benefit of all residents of the community with the aim of adhering to the standards of development which will preserve the quality and "looks" of Soma Bay. The objectives of the guidelines are to maintain a low density of construction, preserve view corridors and to secure the privacy of residents. Some of those are summarized below:
- The ground floor footprint of each villa is to conform to the Soma Bay Master Plan and must not exceed 25% of the area of the villa lot.
- Each villa should maintain a minimum set back of six meters from each side-border i.e. a distance of at least twelve meters is to separate villas from each other.
- The footprint of the second floor, if any, of a Bay Villa should not exceed 50% of that of the ground floor.
General Services & Costs
Soma Bay Company will provide general services, including essential services such as garbage collection, site maintenance, and security provided against the payment of a modest annual fee. Non-essential services such as gardening, pool maintenance and housekeeping will be provided at the election of each homeowner, to be priced according to the services required. Electricity and water are metered and charged to owners as consumed.
For additional information, please contact us
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