Property or Location in Egypt

Penthouse for sale in Ras Soma Residences

Price Size Type Bedroom Per Sqm Finishing No of years Installment 15% Downpayment Monthly Payment District Area Project
- 247 Sqm Penthouse 4 - Fully Finished 7 28 - - KM 55 Safaga Ras Soma Residences

About Ras Soma Residences, Safaga

Ras Soma Residences is located in Safaga, Red Sea. The developer of Ras Soma Residences is Travco Properties. The property types in Ras Soma Residences Villa, Penthouse, Chalet with a property size from 70 - 392 Sqm.

The completion date for Ras Soma Residences is May 2025 and the finishing for the properties are Fully Finished.

Ras Soma Residences, Safaga prices

The starting price of properties in Ras Soma Residences is 2,300,000 EGP with a price per sqm of 31,791 EGP. The downpayment for a property in Ras Soma Residences is starting at 15% or 345,000 EGP. The number of installments for a property in Ras Soma Residences is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Ras Soma Residences is starting at 23,274 EGP

Here are more details about the prices of the Villa, Penthouse, Chalet in Ras Soma Residences :

Prices for Penthouse in Ras Soma Residences

  • The price of the Penthouse with 4 bedroom Fully Finished size 247 m2 Ras Soma Residences starting from EGP 8,900,000 & the price per sqm is EGP 36,032

Discovering Ras Soma Residences Safaga : Facilities, Amenities and More

Nestled in the heart of Safaga, Ras Soma Residences is a prestigious real estate project that combines modern luxury with serene surroundings. This article provides an in-depth overview of the project, highlighting its updated amenities, facilities, location and investment potential. Ras Soma Residences is a thoughtfully planned residential development that offers a contemporary lifestyle with a touch of tranquility. Here are the key details about the project: Amenities and Facilities: - State-of-the-art fitness center - Swimming pools and leisure facilities - 24/7 security and surveillance - Landscaped gardens and communal spaces - High-speed internet and smart home technology - Dedicated parking spaces Location: Ras Soma Residences is strategically located to provide residents with convenience and accessibility. The project is situated along the Red Sea that can give access to the Beach. Proximity to the Beach: A short walk or drive to the pristine Safaga beach for residents to enjoy sun, sand and sea. Distance to Key Landmarks: - Hurghada Mall - Approximately 7.3 km - Water Play Ground & Aqua Park - Approximately 10 km - Senzo Mall - Approximately 8.5 km - Beach Resorts are few kilometers away only - Cairo International Airport - Approximately 483 km - The Pyramids of Giza - Approximately 484 km Why Invest in Ras Soma Residences: Investing in Ras Soma Residences presents a myriad of advantages: - High-Quality Construction: The project boasts top-tier construction quality, ensuring long-term durability and minimal maintenance costs. - Rising Property Value: Safaga is experiencing a surge in real estate value, making it an opportune time to invest in a property that is bound to appreciate. - Tourist Appeal: Safaga is a popular tourist destination, ensuring a steady demand for rental properties, making it an attractive option for investors seeking rental income. - Potential for Capital Growth: With ongoing developments in the area, Ras Soma Residences is positioned for substantial capital growth. Ras Soma Residences in Safaga represents a prime investment opportunity, combining luxurious living, strategic location and a promising potential for growth. Whether you're seeking a tranquil abode or a lucrative investment, Ras Soma Residences checks all the boxes for a modern and convenient lifestyle in the heart of Safaga.

Your Ultimate Guide to Safaga: The Best Real Estate Market in Egypt

Nestled along the tranquil shores of the Red Sea, the Safaga real estate market stands as a hidden gem waiting to be discovered. With its pristine beaches, clear waters, and promising investment opportunities, Safaga has transformed into a destination that appeals to both those seeking a serene lifestyle and astute investors. 
 
Community and Landmarks:
The Safaga community radiates an air of tranquility, offering residents an escape from the hustle and bustle of city life. A variety of residential options, from charming beachfront cottages to modern apartments, cater to diverse preferences. Safaga boasts a collection of landmarks that enrich its allure:
- Pristine Beaches: Safaga's untouched beaches are an invitation to unwind, indulge in water sports, and enjoy the simple pleasures of coastal living.
- Safaga Marina: The marina offers a picturesque backdrop for leisurely strolls, yacht excursions, and fine dining experiences by the waterfront.
- Diving and Snorkeling Sites: Renowned for its vibrant marine life and coral reefs, Safaga attracts diving enthusiasts from around the world.
- Hot Springs: Safaga's natural hot springs provide a unique relaxation experience, contributing to the area's appeal as a wellness destination.
 
Attractions for Residents and Investors:
 
For Residents:
- Idyllic Lifestyle: Safaga's tranquil setting and unspoiled beaches create an idyllic backdrop for those seeking a peaceful and relaxed lifestyle.
- Water Adventures: The Red Sea's clear waters and vibrant marine ecosystem offer endless opportunities for diving, snorkeling, and water-based activities.
- Wellness Retreat: The presence of natural hot springs and wellness resorts provides residents with avenues for relaxation and rejuvenation.
- Community Bonding: Safaga's close-knit community and cultural events foster a sense of belonging and a warm neighborhood atmosphere.
 
For Investors:
- Tourism Potential: Safaga's natural beauty and water-related activities position it as a desirable tourist destination, ensuring consistent rental demand.
- Diversification: Investing in Safaga offers diversification for investors looking to tap into the potential of the Red Sea region.
- Capital Growth: As Safaga continues to gain recognition, property values are expected to appreciate, offering attractive capital growth prospects.
- Vacation Rentals: The allure of Safaga's beaches and water attractions makes vacation rentals a lucrative investment opportunity.
 
Why Invest in Safaga: 
Investing in Safaga goes beyond the allure of its natural beauty. Its strategic location by the Red Sea, coupled with its potential for both short-term returns and long-term value appreciation, positions it as a favorable choice for investors. With the Egyptian government's focus on developing tourism along the Red Sea coast, Safaga's real estate market holds substantial promise.
 
Safaga's real estate market offers a unique blend of coastal serenity, aquatic adventures, and investment potential. Whether you're seeking a laid-back coastal lifestyle or aiming to capitalize on a burgeoning investment market, Safaga provides the means to fulfill your aspirations. With its breathtaking landmarks, wellness offerings, and promise of attractive returns, Safaga is a testament to the bright future of Egypt's real estate landscape.

Reference:

Travco Properties Lifestyle: An Insider's Guide to Egypt's Real Estate Developer

Travco Properties is a leading real estate developer in Egypt, known for its high-quality real estate projects and innovative design. 

History and Reputation:

Travco Properties was established in 2007 as a subsidiary of Travco Group, a leading tourism and hospitality company in Egypt. Since its establishment, the company has been committed to providing exceptional real estate projects to the Egyptian market. The company is known for its innovative design, high-quality construction, and exceptional customer service.

Over the years, Travco Properties has gained a strong reputation in the Egyptian real estate market. The company has earned the trust of its clients and has received several awards and recognitions for its outstanding real estate projects.

Real Estate Projects:

Travco Properties offers a wide range of real estate projects, including residential, commercial, and administrative buildings. The company's projects are designed to meet the needs of modern-day living, and each project is crafted with the highest level of attention to detail

One of Travco Properties' most notable real estate projects is "Joya," which is a luxurious residential compound located in El Gouna. The project features high-end villas and apartments, all designed with a modern and innovative touch.

Travco Properties' other notable real estate projects include "El Patio Casa," "La Vista," and "Heliopolis Hills."

Achievements:

Travco Properties has received several awards and recognitions for its exceptional real estate projects. In 2020, the company was awarded the "Best Developer in Egypt" award by the prestigious Arabian Property Awards. The award recognizes the company's commitment to excellence in the real estate industry.

Important Facts:

Travco Properties is a publicly traded company on the Egyptian Stock Exchange, with a market capitalization of over 1 billion Egyptian pounds. The company is also a member of the American Chamber of Commerce in Egypt (AmCham).

Why Invest in Travco Properties in Egypt:

Investing in Travco Properties offers several benefits. The company has a strong reputation in the Egyptian real estate market, which can provide a sense of security for investors. Travco Properties' real estate projects are designed to meet the needs of modern-day living, making them an attractive option for homebuyers and investors alike.

Travco Properties' real estate projects also offer the potential for capital appreciation over time. As the company continues to grow and expand its presence in the Egyptian real estate market, its real estate projects could become even more valuable.

Buyer Guide:

If you are interested in buying or investing in Travco Properties' real estate projects, here are some tips to help you make an informed decision:

- Research the available real estate projects and their prices.

-Visit the projects and check out the facilities and amenities.

- Review the contract carefully and consult with a real estate expert or lawyer before signing.

-Consider the location and accessibility of the projects.

- Check the security and safety measures in place at the projects.

Reference: https://travcoproperties.com

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