Blanca Gardens 2 Somabay

The project is in the heart of Somabay near Blanca Gardens 1, the marina and the owners' beach. It also adjoins the golf courses designed by Gary Player and Tim Lobb, and is a short distance from The Cascades Golf Resort and Spa and the Bay Central area.

· The project is near the marina and its restaurants and shops.

· The owners' beach and S.Cape Beach Club are easy to reach.

· The golf courses and training facilities are close to the phase.

· Hurghada International Airport is about 35 to 40 minutes away by car, depending on the route and traffic.

The distance to the beach and the marina varies depending on the building's position within the phase. The project plan therefore helps you choose the unit closest to the facility the owner uses most often.

The second phase extends the architectural design of Blanca Gardens, with low-rise buildings and interior spaces that let natural light in. The facades use light colours and simple lines in keeping with the gardens and the golf scenery around the project.

Gardens, walkways and water features separate the buildings, providing open spaces in front of the units and enhancing privacy. Views face the gardens, the golf courses or the water features, and the viewing angle may vary by the unit's position and floor.

The project offers units in different areas and designs, with gardens, terraces or roofs depending on the unit type and position.

Prices for the current phase start from about 15.9 million EGP. The price varies by number of bedrooms, area, floor, type of view and the size of the garden or roof. Some 1-bedroom twin chalet units start from about 17.9 million EGP, while 2-bedroom chalets start from around 19 million EGP, and some 3-bedroom chalets reach about 25.9 million EGP.

· The contract down payment starts from 5% of the unit's value.

· The balance is paid in instalments over up to 8 years.

· Shorter payment offers are available with discounts that vary by the timing of the booking.

· The current launch's delivery date is 2029.

· Units are delivered fully finished to the specifications of the model contracted.

The maintenance deposit, handover payments and operating fees for some facilities are part of the total purchase cost. Finishing also does not include furniture and appliances unless the unit's offer or the contract states so.

Owners benefit from the phase's facilities and Somabay's services, including:

· Gardens and green spaces spread between the buildings, giving open views and seating areas.

· Swimming pools, water features and fountains spread across the master plan.

· Walking paths among the gardens, away from vehicle traffic.

· Views over the golf courses designed by Gary Player and Tim Lobb.

· A private beach for owners with easy access to S.Cape Beach Club and Somabay's beaches.

· A marina with restaurants, cafés, shops and promenades.

· ORCA centre for diving, snorkelling and boat trips to the coral reef areas.

· 7BFT KiteHouse centre for kitesurfing and water sports.

· Golf courses, a training academy and the Sports Hub for sports activities.

· The Cascades Spa and Thalasso for spa, wellness and seawater therapy services.

· A medical centre, pharmacy, supermarket, nursery and mosque for everyday needs.

· Round-the-clock security and surveillance services, along with maintenance and cleaning.

· Internal transport that helps reach the beach, the marina and the rest of Somabay.

· The Somabay app for contacting management and following up on home services.

The project benefits from its location within an established tourist destination, a variety of units and an extended payment plan. The main investment factors include:

· Proximity to the marina, the owners' beach and the golf courses, facilities that support using and renting the unit throughout the year.

· A range of areas, from small units to family chalets, penthouses and a twin chalet, widening the pool of buyers and tenants.

· Units delivered fully finished, which shortens the preparation time after handover.

· Gardens, golf and water features around the buildings provide the views in demand for coastal units.

· Somabay's proximity to Hurghada Airport makes it easy for visitors arriving by air.

· Golf, diving and kitesurfing activities help attract visitors outside the summer months.

· An instalment plan of up to 8 years spreads the purchase cost over a long period.

· Somabay's management of the infrastructure and shared services helps maintain the project's standard after delivery.

Rental yield depends on the unit's area, position, fit-out, occupancy periods, and management and maintenance costs. Resale also depends on the asking price, the remaining balance of instalments and the volume of supply at the time of sale.

Abu Soma Development Company develops Blanca Gardens 2 and the Somabay destination. The company was founded in 1991 and has developed a tourism and residential community on about 2500 feddans on the Red Sea, including hotels, a marina, golf courses and a number of residential projects.

The company's projects within Somabay include Blanca, Blanca Gardens, Mesca, Soma Coves, Soma Breeze, Bay West, Bay Central and Wadi Jebal. It also manages the infrastructure and facilities serving these areas.