Shary

Reef Town Soma Bay Hurghada

Code P-2468

Hurghada, Red Sea, Egypt

Developer price
18,320,000 EGP

Payment plans in Reef Town Soma Bay Hurghada

  • Main plan

    5% down payment

    5 years

  • Extended plan

    5% down payment

    8 years

Units

1 results available

Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
202618,320,00017,770,000
202721,251,00020,614,000
202824,651,00023,912,000
202928,596,00027,738,000
203033,171,00032,176,000
203138,478,00037,324,000
203244,635,00043,296,000

Resale value

After delivery

28,596,000EGP

Estimated profit

10,276,000EGP

  • Growth rate +16%

Shary Index analysis

Last updated November 2026
Market score Expected growth —

Price per meter range 193,300 – 209,800 EGP/m²

  • 48
    Shary Index
How is it calculated?

Shary Index components

Average price vs. the area

90 20%

Project price growth

22 20%

Area growth

23 20%

On-time delivery

88 20%

Services and facilities

19 20%

Other phases

—

Amenities

  • Ongoing Maintenance Services
  • Private Pool for VIP
  • Private Beach Access
  • Barbecue Area
  • Landscaped Garden
  • Playground for Children
  • Swimming Pool

Nearby places

—

About Reef Town Soma Bay Hurghada

Reef Town Soma Bay Hurghada offers an opportunity to enjoy the beauty of the Red Sea and own a chalet in one of Soma Bay’s prominent coastal destinations. The project combines scenic natural surroundings with a relaxing atmosphere and a variety of recreational activities. Its location near Hurghada makes it an appealing option for families seeking memorable holidays or buyers looking for a property in an attractive tourist destination.

The Reef Town Project features chalets in different sizes to suit the needs of individuals and families, offering options for buyers with varying preferences and budgets. Whether you are looking for a coastal retreat or exploring real estate investment opportunities, Reef Town Soma Bay combines the enjoyment of seaside living with access to Soma Bay’s tourist attractions.

Where Is Reef Town Soma Bay Hurghada Located?

Reef Town Soma Bay is located in Soma Bay on the Red Sea coast, near Hurghada, between Wadi Jebal and Soma Breeze Resort. The surrounding area features several tourist and sports facilities, reflecting Soma Bay’s appeal as a destination that combines coastal living with recreational activities.

Key Landmarks Near the Reef Town Project

The location of Reef Town Soma Bay provides access to several tourist and recreational destinations in the surrounding area, including:

  • Hurghada International Airport: Approximately 45 km from the project.
  • Wadi Jebal: A nearby destination within the Soma Bay area.
  • Soma Breeze Resort: One of the resorts in the surrounding area.
  • Golf Course: Offers opportunities to enjoy golf and other outdoor activities.
  • The Cascades Hotel: One of the hospitality destinations in Soma Bay.

The location of Reef Town Soma Bay allows residents to enjoy nearby tourist attractions and recreational facilities. Its proximity to Hurghada International Airport is also a practical advantage for buyers who plan to visit their coastal homes during holidays.

Design of the Reef Town Project

The Reef Town Project features contemporary architectural design that complements the coastal environment of Soma Bay. The buildings incorporate colors and materials suited to the surrounding landscape, creating a harmonious appearance. The design also highlights open spaces and panoramic views of the Red Sea, enhancing the coastal living experience.

The project’s design focuses on creating harmony between the buildings and the natural surroundings, making unit orientation and views important considerations when choosing a chalet. These features appeal to buyers seeking a holiday home where they can enjoy scenic landscapes and a relaxing atmosphere away from the city’s busy environment.

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Area of Reef Town Soma Bay Hurghada

Reef Town Soma Bay is part of the Soma Bay tourist destination, which covers approximately 10 million square meters, equivalent to around 2,471 acres. This coastal destination combines residential developments with tourist facilities and recreational activities, offering a variety of experiences along the Red Sea coast.

Unit Types and Sizes at Reef Town Soma Bay

The Reef Town Project offers chalets in different sizes to accommodate individuals and families, with variations in bedroom numbers and interior layouts. The available options include:

  • Chalets starting from 105 square meters: Suitable for buyers seeking a practical coastal home for holidays.
  • Three-bedroom chalets starting from 112 square meters: Offer additional space for families who need more bedrooms and privacy during their stay.

These options allow buyers to compare units according to their family size and intended use, while considering the interior layout and available space.

Reef Town Soma Bay Hurghada Prices in 2026 and Payment Plans

Prices at Reef Town Soma Bay Hurghada start from EGP 18,320,000 for chalets in 2026. Prices vary depending on the unit’s size and specifications, while the available payment plans allow buyers to spread the cost over different periods according to their budgets.

Payment Plans at the Reef Town Project

The Reef Town Project offers two payment plans with different installment periods:

  • 5-Year Payment Plan: A 5% down payment, followed by another 5% payment after three months. The remaining balance is paid in equal installments over five years.
  • 8-Year Payment Plan: A 5% down payment, followed by another 5% payment after three months. The original unit price increases by 20%, and the remaining balance is paid in equal installments over eight years.

Buyers can compare the total cost of each plan and confirm the installment amounts and payment dates before making a purchase decision.

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Facilities and Services at Reef Town Soma Bay Hurghada

Reef Town Soma Bay Hurghada offers a variety of facilities and services designed to support everyday needs, recreational activities, and family holidays. The facilities and services include:

  • Swimming Pools and Water Attractions: Swimming pools of different sizes, along with an aqua park offering activities for adults and children.
  • Private Beach: Gives residents the opportunity to enjoy the Red Sea and spend time by the water.
  • Green Spaces and Open Areas: Include landscaped areas, artificial lakes, and paths for walking, jogging, and cycling.
  • Kids’ Areas: Dedicated spaces where children can play and enjoy recreational activities.
  • Restaurants and Cafés: Offer a variety of food and beverage options within the development.
  • Commercial Facilities: Include a hypermarket and a shopping mall to support residents’ daily shopping needs.
  • Sports and Wellness Facilities: Include a gym and a health club with a sauna and jacuzzi.
  • Barbecue Areas: Designated outdoor spaces for family gatherings and social occasions.
  • Security Services: Security personnel and surveillance cameras help protect residents and their property.
  • Operational Services: Include power generators, fire safety systems, maintenance, and cleaning services to support the operation of the facilities.

Investment Benefits of Reef Town Soma Bay

Reef Town Soma Bay offers buyers the opportunity to own a chalet in a coastal destination that combines residential properties with tourist attractions and sports activities. Before purchasing, buyers can consider several factors related to the property's potential use and future value, including:

  • Rental Income Potential: Renting out a chalet may generate income during peak tourist seasons, particularly when demand for Red Sea holidays increases. Actual returns depend on rental rates, occupancy levels, and operating expenses.
  • Location Within Soma Bay: The project’s location within a tourist destination on the Red Sea coast gives owners access to nearby attractions and recreational facilities, whether they use the property personally or offer it for rent.
  • Flexible Property Use: Owners can use their chalets for family holidays or rent them to visitors, depending on their needs and seasonal demand.
  • Resale Potential: A coastal property may offer an opportunity for resale in the future. However, its resale price and marketability depend on its location, size, condition, and prevailing market conditions.

Developer of Reef Town Soma Bay Hurghada

Soma Bay Real Estate Development Company is responsible for developing and managing the Soma Bay tourist destination on the Red Sea coast, which spans approximately 10 million square meters. The company offers coastal developments that combine residential units with tourism and recreational facilities, providing an integrated experience for those seeking a holiday home or a place to enjoy various leisure activities in Soma Bay.

Previous Projects by Soma Bay Real Estate Development Company

Notable residential and tourism developments associated with Soma Bay include:

  • Bay West Soma Bay
  • Blanca Soma Bay
  • Golf Town Soma Bay

Advantages of Reef Town Soma Bay Hurghada

Reef Town Soma Bay Hurghada combines a coastal location with facilities suited to family stays and holiday living. Buyers comparing coastal properties may consider the following advantages:

  • Coastal Location: Situated in Soma Bay on the Red Sea coast, the project offers access to a destination known for its recreational and sports activities.
  • Contemporary Architecture: The design complements the coastal surroundings, with an emphasis on open spaces and views.
  • Flexible Payment Options: Buyers can choose between five-year and eight-year installment plans, with different total costs depending on the selected plan.
  • Family-Friendly Facilities: The listed amenities include swimming pools, green spaces, kids’ areas, and other recreational facilities.

Disadvantages of Reef Town Soma Bay Hurghada

There are no major announced disadvantages of Reef Town Soma Bay Hurghada. The project stands out for its location within Soma Bay on the Red Sea coast, along with a variety of residential units, facilities, and services that cater to buyers seeking a comprehensive coastal destination.

 It offers opportunities to enjoy the natural surroundings, recreational activities, and sports facilities, making it an option for those looking to own a chalet for holidays or real estate investment.

Why Choose Reef Town Soma Bay Hurghada?

Reef Town Soma Bay Hurghada combines a coastal setting within Soma Bay with a selection of chalets and recreational facilities suited to holidaymakers and families seeking a home by the Red Sea. The surrounding destination also offers opportunities to enjoy sports, leisure activities, and a relaxing coastal atmosphere, making the project worth considering when comparing coastal properties.

The Reef Town Project offers two payment options extending over five or eight years, allowing buyers to compare installment arrangements according to their budgets. Whether the goal is to enjoy family holidays or explore real estate investment opportunities, the project’s location, facilities, and unit options are important factors to consider before making a purchase decision.

Contact us to learn more about Reef Town Soma Bay Hurghada chalet prices, available sizes, and payment plans, and find the unit that best suits your needs.

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FAQs — Reef Town Soma Bay Hurghada

Who is the developer of Reef Town Soma Bay Hurghada?

Soma Bay Real Estate Development Company.

What is the total area of Reef Town Soma Bay Hurghada?

The project is part of Soma Bay, which covers approximately 10 million square meters.

What are the prices of units at Reef Town Soma Bay Hurghada?

Chalet prices start from EGP 18,320,000 in 2026.

What types of units are available at Reef Town Soma Bay Hurghada?

The project offers chalets starting from 105 square meters, including three-bedroom options starting from 112 square meters.

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