There is a North Coast development called Almaza Bay that tells you everything you need to know about Travco Properties. Almaza Bay covers 6.5 million square metres with a 5.5 km beach on the Mediterranean, five world-class hotels, and close to 2,000 delivered and operational residential units. Buyers who bought in Almaza Bay during its development years can visit the project today. The beach is there. The hotels are running. The units have been handed over.
Ras Soma is Travco Properties bringing that same track record to the Red Sea. Located on the natural bay of Ras Abu Soma, 35 to 40 minutes from Hurghada International Airport, it is the company’s first major Red Sea residential destination. The masterplan was designed by WATG, the same globally recognised planning firm behind Silver Sands ORA and landmark resort destinations across multiple continents. The first residential phase offers 386 units across three villa types, two chalet types, and four apartment configurations, across a total area of 600 acres with 1.3 km of beachfront.
For buyers evaluating the Red Sea market who want a developer they can verify before committing, Ras Soma is the proposition. Go to Almaza Bay first. See what Travco delivers. Then decide.
Where Is Ras Soma Located?
Ras Soma is located on the bay of Ras Abu Soma on Egypt’s Red Sea coast, nestled between Hurghada and Safaga. It is 35 to 40 minutes from Hurghada International Airport and approximately 60 km from Downtown Hurghada. The site is adjacent to Soma Bay and near some of the most established resort hotels in the Hurghada corridor, including Steigenberger and Jaz properties.
The physical setting is one of Ras Soma’s genuine differentiators. The bay creates a natural protected cove, with mountains rising directly behind the site and turquoise water at the front. Red Sea coral reefs are accessible directly from the beach. This is not a generic stretch of coast — the geography of Ras Abu Soma bay was the specific reason Travco chose it for their Red Sea development.
Nearby Landmarks and Distances
Destination
Distance and Time
Hurghada International Airport
35 to 40 minutes.
Soma Bay
Adjacent — immediately neighbouring the Ras Soma bay.
Makadi Bay
North along the coast — approximately 20 minutes.
Downtown Hurghada
Approximately 60 km north.
Steigenberger Hotel
Near the Ras Soma zone, within the broader resort corridor.
El Gouna
North of Hurghada, within the Red Sea resort belt.
Luxor
Accessible for day trips from the Red Sea coast.
Cairo by road
Approximately 4.5 hours via the Red Sea coastal road.
The airport proximity is the critical practical metric for the Red Sea. Hurghada Airport receives year-round international flights from Russia, Germany, the United Kingdom, Ukraine, and Gulf cities. That international connectivity is what makes the Red Sea rental market structurally different from the North Coast, where the rental window is essentially confined to June through September for Egyptian domestic visitors.
Key Advantages and Selling Points of Ras Soma
- WATG-designed masterplan. Wimberly Allison Tong and Goo is the global resort planning firm behind Silver Sands ORA on the North Coast and landmark resort destinations across Asia, the Caribbean, and the Middle East. Their masterplan for Ras Soma allocates 80% of the 600-acre site to green space, landscaping, lagoons, and open areas, with only 20% given to buildings. At this scale, that is a genuinely low density ratio and residents experience a resort environment rather than a compound.
- 600 acres with 1.3 km of private Red Sea beachfront. The bay at Ras Abu Soma offers the natural protected-cove beach quality that many Red Sea sites near Hurghada lack. The coral reefs accessible directly from the beach add a diving and snorkelling dimension that buyers with an interest in marine life will find nowhere else in this price range.
- International marina, water park, adventure park, and go-kart track are all planned within the master development. This is not a residential project with a beach club. It is a destination with the hospitality and entertainment infrastructure to support year-round occupancy for both residents and visiting guests.
- Hotel-serviced living through the Travco Group network. Travco Group operates the Steigenberger Hotel chain, Vakkaru Maldives, and a portfolio of 60-plus companies across three continents. Ras Soma residents will have access to hotel management and rental services backed by a group that understands hospitality operations at an international level, not just Egyptian market terms.
- Travco Properties was named Egypt’s Best Developer in 2020. Alongside Almaza Bay’s delivery record, that recognition from the industry confirms a delivery and quality standard that buyers can evaluate against a completed project rather than a sales brochure.
Red Sea year-round climate. The Red Sea coast has warm water, reliable sun, and world-class diving conditions every month of the year. For investors projecting rental yields, the potential annual occupancy window at Ras Soma is more than twice what any North Coast property can realistically offer.
Total Project Area and Masterplan
Ras Soma covers a total land area of approximately 2.6 million square metres (600 acres / approximately 633 feddans), with 1.3 km of private beach frontage. The first residential phase covers 46 acres and offers 386 units. The overall destination scope includes an international marina, water park, adventure park, go-kart track, retail village, hotels, and a full leisure and services ecosystem.
The WATG masterplan’s 80/20 ratio is the core planning principle: 80% of land dedicated to green space, lagoons, and landscaping; 20% to built structures. For context, most Egyptian coastal developments operate at 30 to 40% built-up ratios. The lower density at Ras Soma is both an aesthetic and practical decision — at this site, with mountain views and a natural bay, the physical environment is the asset, and the masterplan is designed to preserve rather than consume it.
Unit Types and Sizes at Ras Soma
The first residential offering at Ras Soma provides 386 units across apartments, chalets, and standalone villas in a range of sizes and positions within the masterplan.
Unit Type
Starting Price (EGP)
11-Bedroom Apartments (70 sqm)
From 12,900,000
2-Bedroom Apartments
Up to approximately 135 sqm.
3-Bedroom Apartments
Up to 173 sqm. Smart layouts, premium finishes.
Ground Floor Chalets
171 sqm + 156 sqm private garden. 3 bedrooms, 4 bathrooms.
Upper Chalets
247 sqm + 133 sqm terrace. 4 bedrooms, 5 bathrooms.
Shore Villa
200 sqm. 3 bedrooms, 4 bathrooms. Plot approximately 434 sqm.
Beach Villa
237 sqm. 4 bedrooms, 4 bathrooms. Plot approximately 580 sqm.
Beachfront Villa
392 sqm. 5 bedrooms, 6 bathrooms. Premium beachfront positioning.
All units are delivered fully finished with luxury materials and modern designs. Optional hotel management services are available through Travco Group for owners who want rental income without managing the property themselves. Delivery for the first phase is targeted from 2026 onward, depending on the unit and phase purchased.
Latest Project Updates — 2025 to 2026
Ras Soma was formally launched by Travco Properties as their flagship Red Sea development, following their declaration that Almaza Bay on the North Coast had proven the model for what Travco can deliver at destination scale. The company explicitly positions Ras Soma as the Red Sea equivalent of Almaza Bay, with the ambition to replicate and expand on what the North Coast project achieved.
Travco Group’s broader context reinforces the commitment: with a strategic land bank of 16 million square metres in Egypt, the financial capacity and development pipeline of a 60-company international group, and the operational infrastructure of the Steigenberger Hotel chain across the group’s portfolio, Ras Soma is backed by resources that most Egyptian developers cannot match. First phase delivery is targeted from 2026, making the current pricing window an under-construction entry point.
Facilities and Amenities
Beach and Water
- 3 km of private Red Sea beachfront on the natural Ras Abu Soma bay.
- Direct access to Red Sea coral reefs for diving and snorkelling.
- International kite-surfing hub within the destination, benefiting from consistent Red Sea wind conditions.
Marina and Entertainment
- International marina within the master development.
- State-of-the-art water park.
- Adventure park and go-kart track.
- Retail village with Egypt’s top culinary and retail brands.
Hospitality and Services
- Hotel-serviced residences through the Travco Group hospitality network.
- Optional managed rental programme for unit owners.
- Steigenberger Hotel connections within the broader Ras Soma destination context.
Sports and Wellness
- Gymnasium and fitness facilities within the resort.
- Spa and wellness centre.
- Sports courts and swimming pools.
Security and Infrastructure
- Gated residential communities with 24-hour security.
- Full property management and maintenance services.
- Medical facilities and essential services within the development.
Developer: Travco Properties — The Red Sea Chapter of an Established Story
Travco Group International was founded in 1979 by Hamed El Chiaty and has grown into one of the MENA region’s most established tourism and hospitality conglomerates, with more than 60 companies operating across three continents. Their portfolio spans hotels, resorts, cruises, aviation, and transportation, covering destinations as geographically diverse as Vakkaru Maldives (within a UNESCO Biosphere Reserve in Baa Atoll), Egypt, and the Steigenberger Hotel chain. The strategic land bank in Egypt alone covers 16 million square metres.
Travco Properties was established in 2014 as the Group’s dedicated real estate development entity. Its first project was Almaza Bay on the North Coast, a 6.5 million square metre mixed-use development that now operates with five world-class hotels and close to 2,000 delivered residential units. Almaza Bay is currently open and functioning. Buyers considering Ras Soma can visit Almaza Bay, walk the beach, inspect the build quality, and see how Travco manages and maintains a delivered destination. Very few Egyptian developers operating on the Red Sea can offer that kind of due diligence.
Ras Soma is described by Travco Properties as their next flagship development, intended to do for the Red Sea coast what Almaza Bay did for the North Coast. The WATG partnership for the masterplan, the international marina and entertainment infrastructure scope, and the connection to Travco Group’s hospitality management network all reflect a developer building a destination rather than a compound.
Ras Soma Unit Prices
Unit Type
Size and Notes
1-Bedroom Apartments
From 12,900,000
2-Bedroom Apartments
From 20,300,000
Ground Floor Chalets (171 sqm + garden)
From 22,000,000
Upper Chalets (247 sqm + terrace)
Up to 24,400,000
Sea-View Villas
From 40,000,000
Beachfront Villas (EGP 51M to 63M range)
From 51,000,000 to 63,000,000
Payment Plans
Plan Element
Confirmed Detail
Down payment
10% of total unit price.
Installment period
Up to 6 to 7 years (confirm at reservation per unit type).
Delivery
From 2026 — varies by unit and phase.
Finishing standard
Fully finished with luxury materials and modern designs.
Hotel management option
Optional rental management through Travco Group available.
Honest Disadvantages
- First Red Sea residential project for Travco Properties: Almaza Bay is the delivery benchmark, but it is on the North Coast, not the Red Sea. The geography, logistics, and construction environment are different. Travco has not yet delivered a residential project at Ras Soma specifically. First delivery from 2026 is when that track record on the Red Sea begins.
- Distance from Cairo: At 4.5 hours by road, Ras Soma is not accessible for frequent short stays from Cairo by car. GCC buyers and those flying into Hurghada have a practical advantage. Cairo-based buyers who plan regular use need to factor in the cost and logistics of flying, which adds to the cost of ownership.
- The master development is ambitious: the international marina, water park, adventure park, and retail village are all planned. Some of these will arrive with early phases; others will take time. Buyers in the first residential phase should not assume that the full master vision is operational at handover. Verify specifically which amenities will be delivered alongside your unit.
- Red Sea real estate is a seasonal rental market with year-round potential but variable peak windows: European tourists drive October to April demand; Arab visitors concentrate July to August. A realistic yield projection needs to blend both windows rather than using peak-season rates for annual calculations. The Travco Group hotel management option helps navigate occupancy but does not eliminate seasonality.
Final Word
Ras Soma’s proposition is straightforward. It is Travco Properties applying the same approach that worked at Almaza Bay to a Red Sea site with a naturally superior bay, internationally recognised WATG planning, and a year-round tourist market that the North Coast cannot replicate. The developer’s track record is verifiable. Go to Almaza Bay before you decide.
The buyer this project suits is someone who evaluates developer evidence over developer promises, values a year-round Red Sea investment over a seasonal North Coast one, and is comfortable entering at the under-construction stage in 2025 or 2026 for delivery from 2026 onward. Ras Soma is not the cheapest Red Sea entry on the market. But Travco Properties, the WATG masterplan, and the Almaza Bay precedent represent a different level of credibility than most of what is competing for the same buyer.
Frequently Asked Questions
- What is Ras Soma by Travco Properties?
Ras Soma is Travco Properties’ flagship Red Sea residential destination, located on the natural bay of Ras Abu Soma, 35 to 40 minutes from Hurghada International Airport. Covering 600 acres with 1.3 km of private beach, the masterplan was designed by WATG and follows the same developer DNA as Travco Properties’ North Coast project Almaza Bay (6.5M sqm, 5 hotels, close to 2,000 delivered units). The first residential phase offers 386 units from apartments to beachfront villas, with delivery from 2026.
- How much do units at Ras Soma cost?
Apartments at Ras Soma start from EGP 12,900,000 for a 1-bedroom unit (70 sqm). Two-bedroom apartments start from EGP 20,300,000. Ground floor chalets with private gardens start from EGP 22,000,000. Sea-view villas start from EGP 40,000,000. Beachfront villas range from EGP 51,000,000 to EGP 63,000,000.
- What are the payment plans at Ras Soma?
Ras Soma offers a 10% down payment with installment periods of up to 6 to 7 years depending on the unit type. All units are delivered fully finished with luxury materials. Optional hotel management through Travco Group is available for investors who want rental income without self-managing their property.
- Who developed Ras Soma?
Ras Soma is developed by Travco Properties, the real estate arm of Travco Group International. Travco Group was founded in 1979 by Hamed El Chiaty and operates over 60 companies across three continents, including the Steigenberger Hotel chain and Vakkaru Maldives. Travco Properties was established in 2014 and previously delivered Almaza Bay on Egypt’s North Coast, a 6.5 million sqm mixed-use destination with five hotels and close to 2,000 delivered residential units.
- Where is Ras Soma in Hurghada?
Ras Soma is located on the natural bay of Ras Abu Soma on the Red Sea coast, 35 to 40 minutes from Hurghada International Airport and approximately 60 km from Downtown Hurghada. It sits adjacent to Soma Bay and near major hotels including Steigenberger and Jaz properties. Cairo is approximately 4.5 hours away by road.
- How does Ras Soma compare to Almaza Bay?
Almaza Bay by Travco Properties (North Coast) is an operational reference point — 6.5M sqm, 5.5km beach, five world-class hotels, close to 2,000 delivered units. Ras Soma is Travco’s equivalent attempt on the Red Sea: 600 acres, 1.3km beach, WATG masterplan, international marina, and hotel management through the same group. Almaza Bay is proven and delivered. Ras Soma is under construction with delivery from 2026. Buyers can use Almaza Bay as the quality benchmark for what Ras Soma intends to be.
