One Brand, Two Coasts, One Uncompromising Standard

When a brand has spent over a decade earning its reputation on one coast, expanding to a second is either the natural evolution of something that works or the dilution of something that should have stayed where it was. Travco Properties made a deliberate choice about which of those it would be when they announced the rebrand of their Red Sea project in 2026.

The project, launched officially in May 2026 as Almaza Bay Ras Soma, is the Almaza Bay name arriving on the Red Sea for the first time. What was previously known as Ras Soma, Travco Properties’ Red Sea coastal destination, has been rebranded under the Almaza Bay umbrella. The logic is explicit: Travco Properties is no longer a developer with one flagship project and a second separate one. It is a multi-coastal lifestyle brand with a consistent identity across both of Egypt’s Mediterranean and Red Sea shores.

For buyers who know what Almaza Bay North Coast delivers, the rebrand carries a direct commitment. The Almaza Bay name at KM 247 Sidi Heneish means seven hotels, a 5.5 km beach, European summer occupancy at 90 percent, Pier 88 Italian dining, and 11 years of consistent operational standards. Travco Properties is attaching that track record to what was Ras Soma on the Red Sea. The rebrand is the promise that the same standards, the same operator, and the same Travco hospitality DNA that built the North Coast destination will now define a Red Sea one.

Where Is Almaza Bay Ras Soma Located?

The project is located on the bay of Ras Abu Soma on Egypt’s Red Sea coast, between Hurghada and Safaga, approximately 35 minutes from Hurghada International Airport and 60 km from Hurghada City. The bay itself provides the project with a natural protected cove setting, with Red Sea mountains rising directly behind and turquoise coral reef waters in front.

The adjacency to Soma Bay is part of the location’s appeal. Soma Bay is one of the most internationally established resort clusters on the Egyptian Red Sea, home to the Kempinski, Sheraton, Robinson Club, and the Gary Player-designed championship golf course. The position next to Soma Bay means it benefits from the established resort corridor while introducing the Almaza Bay brand as its premium residential counterpart.

Nearby Landmarks and Distances

The year-round European connectivity to Hurghada Airport is one of the key structural differences between the Almaza Bay Ras Soma investment case and the Almaza Bay North Coast one. On the North Coast, the summer season is roughly June to September and the European hotel visitor base concentrates in those months. At Almaza Bay Ras Soma, the Red Sea’s year-round climate, warm water, and world-class diving conditions mean that European visitors arrive from October through April as the primary season, complementing Egyptian summer use rather than competing with it.

Key Advantages and Selling Points of Almaza Bay Ras Soma

• The Almaza Bay brand carries a proven operational track record directly into the Red Sea market. Every buyer at Almaza Bay Ras Soma can point to Almaza Bay North Coast and see what this developer and operator delivers over more than a decade: seven hotels, consistent European occupancy, a maintained 5.5 km beach, and dining standards that have no direct comparable on the western North Coast. That track record is now what the Almaza Bay Ras Soma name is backed by.
• Two flagship hotels are already open and running at the resort. The Steigenberger Almaza Bay Ras Soma is already open and rated Exceptional on multiple international booking platforms with a 9.4 out of 10 score. The JAZ Ras Soma is also operational. Two five-star hotels already running on-site is a meaningfully different entry point from a development with a hotel partnership still in planning. Almaza Bay Ras Soma has an operational hospitality backbone right now.
• The WATG masterplan brings international resort planning credibility to the project. Wimberly Allison Tong and Goo is the globally respected firm behind landmark resort destinations across Asia, the Caribbean, and the Middle East, including Silver Sands ORA on the Egyptian North Coast. Their masterplan for Ras Abu Soma allocates approximately 80 percent of the 600-acre site to green space, landscaping, and open areas, achieving a genuinely low build density that shows in the quality of the resort environment.
• Year-round climate removes the seasonal concentration risk that affects all North Coast investments. The Red Sea water temperature stays warm and comfortable in January as in July. Diving on world-class house reefs is excellent in February. Kite-surfing conditions are strong across multiple months. The beach club, water sports, and dive centre at Almaza Bay Ras Soma are designed and staffed for twelve months of operation, not four.
• Phase 2, Marina Gate, introduces Almaza Bay Ras Soma’s most significant amenity expansion. The Village at Marina Gate will integrate international hospitality operators, retail, and dining across a waterfront commercial destination that extends the resort’s offering beyond the hotel and residential zones.
• Travco Group’s 46 years of tourism and hospitality expertise, and its existing portfolio of European charter and tour operator relationships, give Almaza Bay Ras Soma access to the international visitor pipeline that Travco has built for decades. The same European guests from Italy, Germany, and Central Europe who book JAZ Hotels at Almaza Bay North Coast are already a familiar audience for the Travco booking infrastructure.

Total Project Area and Masterplan

Almaza Bay Ras Soma covers a total land area of approximately 2,656,562 square metres (approximately 633 feddans, or 600 acres) on the bay of Ras Abu Soma. The beach frontage is 1,300 metres of direct Red Sea coastline. The WATG masterplan allocates approximately 80 percent of the land to green space, landscaping, lagoons, and open areas, with only 20 percent built upon.

The masterplan organises the development into residential communities, the two operating hotels, the marina, and Phase 2’s Marina Gate with The Village. This is a genuine integrated resort design rather than a residential compound with a hotel attached. The residential units, hotel infrastructure, marina, beach club, dive centre, and commercial areas form a cohesive whole rather than separate zones operating independently of each other.

Unit Types and Sizes at Almaza Bay Ras Soma

Almaza Bay Ras Soma offers residential units across standalone villas, quad chalets, and apartments designed for the Red Sea resort living profile. The unit range covers investor-grade apartments through to premium villa configurations, with all units designed to take advantage of the natural bay setting and the WATG masterplan’s orientation toward the sea.

All units at Almaza Bay Ras Soma are delivered fully finished with luxury materials. Hotel management services are available through Travco Group for owners who want rental income from their unit without self-managing the letting and maintenance process. This managed rental model, backed by Travco’s hospitality infrastructure, is a direct application of the same operational model that manages the Steigenberger and JAZ hotels on site.

Latest Project Updates – 2025 to 2026

The most significant update at Almaza Bay Ras Soma in 2026 is the rebrand itself. In May 2026, Travco Properties officially renamed and relaunched Ras Soma as Almaza Bay Ras Soma, marking the evolution of the Almaza Bay identity from a single North Coast destination into a multi-coastal lifestyle brand. The announcement was framed by Travco as a reflection of a successful heritage of destination-led development being extended to a new coastal reality.

The Steigenberger, now operating under the Almaza Bay Ras Soma name, consistently achieves exceptional ratings on international booking platforms. JAZ Ras Soma is equally operational and active. Beach Club, Kite Surfing and Dive Centre, Sports Club, Marina, and dining and retail outlets are all live and running within the existing destination.

Phase 2, Marina Gate, is the current active development phase. It will introduce The Village, a waterfront commercial and hospitality hub with international operators, enhanced dining options, and retail, further expanding the Almaza Bay Ras Soma offering beyond its already operational Phase 1 infrastructure.

Facilities and Amenities

Hotels and Hospitality

• Steigenberger Almaza Bay Ras Soma, a five-star international hotel, rated 9.4 Exceptional on major booking platforms. Operational now.
• JAZ Ras Soma (JAZ Soma Beach), a four-star JAZ hotel brand, fully operational. Connects Almaza Bay Ras Soma directly to the JAZ hotel network that runs across Almaza Bay North Coast.
• Hotel management rental programme through Travco Group for residential unit owners.

Beach and Water

• 1,300 metres of private Red Sea beachfront on the natural Ras Abu Soma bay.
• Beach Club with full beach services, food and beverage, and sun lounger access.
• Kite Surfing and Dive Centre with access to world-class Red Sea house reefs and consistent wind conditions.

Marina and Sports

• Marina with water sports access and boat facilities.
• Sports Club for fitness, court sports, and recreational activities.

Phase 2 — Coming

• Marina Gate: Almaza Bay Ras Soma’s Phase 2 development, a waterfront commercial hub.
• The Village: international hospitality operators, retail, and dining as a standalone lifestyle destination within the resort.

Infrastructure

• 24-hour gated security with controlled access.
• Full property management and maintenance through Travco Group.

Developer: Travco Properties – The Same Name, the Same Standards

Travco Properties is the real estate arm of Travco Group International, founded in 1979 by Hamed El Chiaty. With 46 years of tourism, hospitality, aviation, and transportation experience, Travco Group is the Middle East’s largest operator of hotels, resorts, and cruises. The Group operates across Egypt, the Maldives (Vakkaru Maldives, a UNESCO Biosphere Reserve in Baa Atoll), and internationally, with a strategic land bank of 16 million square metres in Egypt.

Travco Properties was established in 2014 with the deliberate concept of integrating hospitality management expertise into real estate development. Almaza Bay North Coast was the first result. Almaza Bay Ras Soma is the second. The Steigenberger hotel brand at Almaza Bay Ras Soma is managed within the Travco Group hospitality infrastructure, continuing a pattern where the developer and the operator are the same organisation applying the same standards across both delivery and management.

The decision to unify both coastal projects under the Almaza Bay brand in 2026 is a statement about where Travco Properties sees itself. Not as a developer that builds projects and moves on, but as a brand that builds places and continues to be responsible for how they operate and how they feel to live in or visit over time.

Almaza Bay Ras Soma Unit Prices

Prices confirmed from multiple Egyptian real estate platforms (2025 to 2026) for the project previously known as Ras Soma, now Almaza Bay Ras Soma. Delivery from 2026 depending on unit and phase. All units fully finished with luxury materials. Contact D5 Realty for current availability and confirmed pricing under the new Almaza Bay Ras Soma brand.

Payment Plans

Honest Disadvantages

• Almaza Bay Ras Soma is a Red Sea destination rather than a North Coast one, which for Cairo-based buyers means either a 4.5-hour road trip or a flight to Hurghada. For regular weekend use from Cairo by car, this is a meaningful commitment. GCC buyers and European visitors who fly direct to Hurghada have a practical advantage here.
• The rebrand from Ras Soma to Almaza Bay Ras Soma is recent and unverified by time. The Almaza Bay brand is being extended to the Red Sea based on the North Coast project’s reputation. Whether that brand extension holds over the first years of operation at the Red Sea location, and whether the service standards at Almaza Bay Ras Soma match those at the established North Coast destination, will be answered as the project matures. Buyers who need that answer before committing should wait for independent reviews from the operational hotels over the first few seasons.
• Phase 2, Marina Gate and The Village, remains under development. The full vision of Almaza Bay Ras Soma includes a waterfront commercial destination with international operators that is not yet open. Buyers entering now are committing to a development where Phase 1 is operational but Phase 2 is still to come.
• The Red Sea coastal market is experiencing significant new supply. Emaar Marassi Red Sea at Ras Soma is bringing USD 18 billion of sovereign-backed development to the same Red Sea corridor, Somabay is in an accelerated expansion phase, and Makadina is under construction nearby. The project is a credible and well-operated option in this market, but buyers should evaluate the full Red Sea pipeline context before making a final decision.

Final Word

Travco Properties built Almaza Bay North Coast from a quiet stretch of Sidi Heneish coastline into the most comprehensively operated summer destination on Egypt’s western North Coast. That took 11 years, eight phases, seven hotels, and the operational infrastructure of a company that has been running tourism and hospitality businesses since 1979.

The Red Sea project is Travco Properties asking whether they can do that again. The Steigenberger is open. JAZ Ras Soma is running. The Almaza Bay name is attached. The question of whether the Red Sea project matches the North Coast flagship over time will be answered by what guests and residents say about it in 2027, 2028, and beyond.

For buyers who trust the Almaza Bay North Coast track record and want the Red Sea’s year-round climate under the same operator, Almaza Bay Ras Soma is the most direct path to that exposure. Contact D5 Realty for current pricing and availability.

Frequently Asked Questions

• What is Almaza Bay Ras Soma?

Almaza Bay Ras Soma is the official new name for what was previously known as Ras Soma, Travco Properties’ Red Sea coastal destination on the bay of Ras Abu Soma, 35 minutes from Hurghada International Airport. Rebranded in May 2026 as part of Travco Properties’ evolution into a multi-coastal lifestyle brand, Almaza Bay Ras Soma connects the established Almaza Bay North Coast identity to the Red Sea project under one brand name and operating philosophy. It covers approximately 600 acres with 1,300 metres of beach, a WATG-designed masterplan, and two operational five-star hotels: Steigenberger Almaza Bay Ras Soma and JAZ Ras Soma.

• Why was Ras Soma renamed Almaza Bay Ras Soma?

Travco Properties rebranded the project as Almaza Bay Ras Soma in May 2026 to mark the evolution of the Almaza Bay brand from a single North Coast destination into a multi-coastal lifestyle brand. The announcement framed it as Almaza Bay’s legacy evolving, connecting both of Egypt’s coasts under one vision and one operating identity. For buyers, the rebrand carries a direct association: the Almaza Bay name on the Red Sea is backed by 11-plus years of North Coast operational track record.

• What hotels are at Almaza Bay Ras Soma?

Two five-star hotels are already operational at Almaza Bay Ras Soma: the Steigenberger Almaza Bay Ras Soma (rated 9.4 Exceptional on major booking platforms) and JAZ Ras Soma (JAZ Soma Beach). Both operate within Travco Group’s hospitality infrastructure. Phase 2, Marina Gate, will introduce additional international hospitality operators through The Village development.

• How much do units at Almaza Bay Ras Soma cost?

Apartments at Almaza Bay Ras Soma start from EGP 12,900,000 for a 1-bedroom unit of 70 sqm. Ground floor chalets with private gardens start from EGP 22,000,000. Shore villas start from EGP 40,000,000. Beach villas start from EGP 51,000,000. Beachfront villas reach EGP 63,000,000. Payment is 10% down with installments over 6 to 7 years. All units are delivered fully finished.

• How does Almaza Bay Ras Soma compare to Almaza Bay North Coast?

Almaza Bay North Coast (KM 247, Sidi Heneish, launched 2014) covers 6.5 million sqm with a 5.5 km beach and seven JAZ Hotels running at 90 percent summer occupancy with European guests. It is the flagship project and the established benchmark. Almaza Bay Ras Soma (Ras Abu Soma, Red Sea, rebranded 2026) covers approximately 600 acres with 1.3 km of beach and two operational five-star hotels. It is the newer, smaller Red Sea extension of the same brand, with the significant advantage of year-round Red Sea climate versus the North Coast’s four-month summer season.