Emaar Misr has unveiled its latest real estate project on the Red Sea, Marassi Red Edition, a luxurious extension of the iconic Marassi development in the North Coast. Strategically located in Soma Bay, one of Egypt’s most promising tourism and investment hubs, Marassi Red Edition represents a new standard in upscale real estate investment on the Red Sea. The project spans an impressive 2,000 feddans, blending contemporary architecture with prime coastal positioning.

• The development offers a wide range of premium residential and hotel units, including chalets, villas, and 5-star hotels, complemented by world-class leisure and entertainment facilities. With this launch, Emaar opens the door for discerning investors to own high-end property in Soma Bay. Early reservation is now available with a fully refundable down payment of EGP 250,000. Unit prices start from EGP 18 million for a one-bedroom property and can reach up to EGP 30 million for larger units.
• This project provides an exceptional opportunity for those seeking to purchase Red Sea property for personal use or investment. With its advanced infrastructure and proximity to Hurghada International Airport, Marassi Red Edition is an ideal destination for international investors looking for luxurious, sea-view properties in Egypt.

Soma Bay: The Gold Standard of Red Sea Resorts

Before Emaar Misr’s entry, Soma Bay had already established itself as a world-class resort destination. Developed since 1995, the 10 km² peninsula boasts a coherent architectural identity, resilient infrastructure, and long-term international hotel partnerships. 

Highlights:

• Luxury Accommodations: Home to renowned hotels like Kempinski, Sheraton, and The Cascades Golf Resort.
• Recreational Facilities: Features an 18-hole golf course designed by Gary Player, a thalassotherapy spa, and various water sports centers.
• Sustainable Development: Emphasizes low-density zoning, partial solar generation, and rigorous environmental standards.

Investment Opportunities in the Red Sea Region

The Red Sea coast offers a combination of natural beauty, strategic location, and supportive infrastructure, making it ideal for tourism and real estate investments.

Advantages:

• High Returns: Properties in Soma Bay have historically appreciated in value, with rental yields benefiting from the area’s popularity among tourists.
• Government Support: Egypt allows foreign ownership of real estate and has implemented policies to facilitate and encourage such investments.
• Year-Round Appeal: The region’s favorable climate and diverse attractions ensure consistent tourist inflow throughout the year.

Frequently Asked Questions (FAQs)

Q: What makes the Red Sea coast an attractive investment destination?
A: The Red Sea coast offers a combination of natural beauty, strategic location, and supportive infrastructure, making it ideal for tourism and real estate investments.

Q: How does Emaar Misr’s project differ from other developments in the area?
A: Emaar Misr’s Red Sea Jewel stands out due to its integrated approach, combining luxury residences with hotel services and recreational facilities, all within a sustainably designed environment.

Q: Are there financing options available for investors?
A: Yes, Emaar Misr offers flexible payment plans, including low down payments and extended installment periods, making it accessible for a wide range of investors.

Q: What is the expected return on investment (ROI) for properties in Soma Bay?
A: While ROI can vary, properties in Soma Bay have historically appreciated in value, with rental yields benefiting from the area’s popularity among tourists.

Q: Can foreign investors purchase property in the Red Sea region?
A: Yes, Egypt allows foreign ownership of real estate, and the government has implemented policies to facilitate and encourage such investments.

Conclusion: Seize the Opportunity with Consult

The Red Sea coast, particularly Soma Bay, presents a compelling opportunity for investors seeking high returns in a picturesque setting. Emaar Misr’s Red Sea Jewel project exemplifies the region’s potential, combining luxury living with strategic investment prospects.

For personalized guidance on investing in the Red Sea region, consider consulting with Consult, a leading real estate investment consultancy. Their expertise in market analysis, property acquisition, and portfolio management can help you navigate the opportunities in Egypt’s coastal real estate market. Contact Consult today to explore how you can capitalize on the Red Sea’s investment potential.