Ras Soma-Phase 2 Somabay

Ras Soma-Phase 2 Somabay: finished Red Sea flats from 12.7 million

Ras Soma-Phase 2 Somabay is the flats phase of Ras Soma, the Travco resort in Somabay between Hurghada and Safaga. It comes in three sizes, one, two and three bedrooms, all fully finished, on 5% down and seven years of instalments. It is the cheapest way into Ras Soma, since the villas of Phase One start at 44 million.

Phase Two prices 2026

• One bedroom, 70 m²: 12,700,000, close to 181,400 per metre, with August 2030 as its announced date.
• The two-bedroom flats measure between 118 and 135 m², and ask 17,500,000 at the low end, 21,500,000 at the top.
• Every three-bedroom flat is 173 m², with asking prices between 20,000,000 and 24,000,000.

The two- and three-bedroom flats are announced for October 2030. What stands out is that the metre gets cheaper as the flat grows: near 181,400 for the one-bedroom, about 148,300 for the smallest two-bedroom, and around 115,600 for the cheapest three-bedroom. Moving from the cheapest two-bedroom to the cheapest three-bedroom adds only 2.5 million, and buys 55 metres plus a bedroom. Within one size the spread is wide too: the same 173 m² three-bedroom reaches 24 million, 4 million over the cheapest. Ask about the difference: the floor, a sea or lagoon view, and the building's position.

Phase Two payment plans

• One bedroom: 635,000 to book, followed by 84 instalments of roughly 143,600.
• Cheapest two-bedroom: 875,000 up front and near 197,900 each month. The 21.5 million one needs 1,075,000 and close to 243,200 monthly.
• Cheapest three-bedroom: one million to start and about 226,200 a month. At 24 million, it is 1,200,000 and around 271,400.

How much is paid by the keys?

The one-bedroom is due in roughly 46 months, by which point about 57% is settled, near 7.24 million, with 38 instalments left. The larger flats arrive after some 48 months at close to 59%: the entry two-bedroom buyer will have put in some 10.38 million, the entry three-bedroom buyer about 11.86 million, and both still owe three years. If you plan to let from the first season, rent only helps with the last 36 instalments.

A flat here against Ras Soma's houses

Marina Gate, the resort's other house phase, lists a two-bedroom duplex of 137 m² for 19.9 million, a three-bedroom penthouse of 149 m² for 21 million and a three-bedroom townhouse of 148 m² for 25.5 million. So the cheapest three-bedroom flat here (20 million) is 24 metres larger than that penthouse and a million cheaper, and 25 metres larger than the townhouse for 5.5 million less. What you give up is the roof or the garden. A Phase One villa, by comparison, costs 44 million for 200 m², more than twice the flat.

Phase Two against Somabay's flats

• Greens Baywest Valley, a kilometre off: its 106 m² two-bedroom sells for 18.9 million, 12 metres smaller and 1.4 million dearer than the cheapest two-bedroom here. Its three-bedroom chalets begin at 24.1 million for 171 m².
• Blanca Gardens: a 70 m² one-bedroom costs 15.9 million, 3.2 million over Ras Soma's same-size flat, and a 101 m² two-bedroom 18 million.
• Blanca Gardens 2: 19 million buys a 101 m² two-bedroom there, and 25.9 million a 185 m² three-bedroom.
• Mesca Somabay sits a tier up: its two-bedroom begins at 106 m² for 28.2 million, near 266,000 per metre.

In short, Ras Soma's two- and three-bedroom flats carry some of the lowest metre rates in Somabay; only the one-bedroom is priced close to its neighbours.

Phase Two location and facilities

The phase lies inside Ras Soma in Somabay, about 55 km from Hurghada airport and near Safaga and the Hurghada–Cairo road. As published, it has a lagoon park, restaurants and cafés, a clubhouse, a wellness centre with spa and sauna, a gym, pools, a marina promenade, a yoga area and camera security. Before booking, ask about yearly maintenance fees and rental management if the flat is an investment.

Torn between two and three bedrooms? WhatsApp Masharf and the team will get Travco's floor and view details for each flat you're weighing.