Village Soma Coves Hurghada 2026 Prices · The Olayan Group

Introduction to Soma Coves Village

Soma Coves is one of the flagship residential phases by Olayan Group inside the Soma Bay master destination on Egypt's Red Sea coast, with units overlooking the reef along the Reef Side of the private Soma Bay peninsula south of Hurghada.

Soma Coves sits inside the 10-million-square-metre Soma Bay destination, a private peninsula surrounded by the Red Sea on three sides, in the Reef Side zone close to the Wadi Jebal cluster with direct reef and open-sea exposure.

The location is about 45 km south of Hurghada via the Safaga road, minutes from the international golf course and the five-star resort cluster, in one of the most prestigious Red Sea second-home and investment addresses in Egypt.

Soma Coves Village targets two buyers: Gulf and Egyptian families looking for a serious second home with a direct Red Sea view, and investors chasing short-stay rental yield from year-round tourism into Soma Bay.

This CompoundGate article walks through every detail of Hurghada compounds and Soma Coves specifically: location, units, prices, payment plan, and how it compares to the sister Olayan Group phases inside the Soma Bay destination.

Soma Coves Village Location in Hurghada

Soma Coves sits on the Reef Side of the private Soma Bay peninsula, about 45 km south of Hurghada along the Safaga road, close to the Wadi Jebal area, with direct exposure to the reef and the open Red Sea.

The Soma Coves address combines the seclusion of a private peninsula with a single guarded entrance and easy access from Hurghada International Airport, on top of the mature tourism infrastructure Soma Bay has built since the early 1990s.

Nearby Landmarks of Soma Coves Village

• About 45 km south of Hurghada via the main Safaga road.
• Roughly 35–45 minutes from Hurghada International Airport.
• Minutes from the 18-hole Soma Bay international golf course.
• Direct neighbour to the Wadi Jebal cluster inside Soma Bay.
• Close to Kempinski Soma Bay, Sheraton Soma Bay, and Robinson Club hotels.
• On one of the world's top three kite-surfing beaches.
• Next to the Orca Diving Center and the local reef diving sites.
• About 40 km north of Safaga port city.
• Roughly a five-hour drive from Cairo via the Zaafarana–Hurghada road.

Coordinates: 26.8854°N, 33.9859°E. You can view the exact location on the interactive map below this page to check how Soma Coves sits relative to the Red Sea landmarks that matter to you.

Design of Soma Coves Village

The architecture of Soma Coves Village reflects a contemporary Mediterranean resort style adapted to the Red Sea coast, using sand-and-white tones and natural materials, with a gentle horizontal step-down that respects the coastal nature of the Reef Side.

Density is deliberately low; Olayan Group places chalets and cabins at the front and twin houses and villas behind, so the maximum number of units enjoy either a direct reef view or open-sea exposure inside Soma Coves.

Material selection at Soma Coves Hurghada follows resort grade: salt-resistant aluminium, fitted kitchens, central air conditioning, and premium interior finishes selected for long-term performance in the coastal Red Sea environment.

Area and Spaces of Units in Soma Coves

Soma Coves offers a clear four-tier mix: one and two-bedroom apartments, two-bedroom chalets, reef-front cabins, and standalone villas and twin houses on plots that can exceed one thousand square metres.

The mix inside Soma Coves serves both the single investor looking for a small unit on a short-stay rental platform, and the large family that needs a standalone villa on a wide plot with a private garden, without shopping across multiple Red Sea projects.

Delivery is fully finished to resort standard. Exact sizes and starting prices per unit type are listed in the unit-types table above this article, which is updated live from the CompoundGate database.

Soma Coves Village Prices 2026

Unit prices at Soma Coves Village in Hurghada start from 11,500,000 Egyptian pounds for launch apartments and cabins, per the official Olayan Group price lists for Soma Bay in 2026.

Two-bedroom chalets across 105–145 square metres start from around 15,500,000 Egyptian pounds and climb with view orientation onto the reef or the open Red Sea inside Soma Coves.

Standalone villas and twin houses on plots of 185–322 square metres start from around 38,000,000 Egyptian pounds and reach more than 95,000,000 Egyptian pounds for units with direct Reef Side exposure.

Soma Coves prices respond to three factors: unit type and size, view orientation (reef / open sea / garden), and sales phase. For the latest live Soma Coves Hurghada price list, contact the CompoundGate team.

Installment Plan for Soma Coves

The Soma Coves payment plan is investor-friendly: a down payment starting at 5% on signing, with the balance installed up to 7 years zero-interest, and expected delivery in 2027 per the Olayan Group construction schedule.

On a 15,500,000 Egyptian pounds chalet at 5% down, the buyer pays 775,000 Egyptian pounds at contract, then installs the remaining 14,725,000 Egyptian pounds across up to 7 years zero-interest inside Soma Coves.

Alternative plans are occasionally offered with a higher down payment and a cash discount, plus a 10-instalment semi-annual variant. For the latest plans per unit type, contact CompoundGate.

Investment in Soma Coves

Investing in Soma Coves Olayan Group is driven by three engines. First: Red Sea tourism is a mature market with year-round demand from European and Gulf travellers, turning every Soma Coves unit into a short-stay income asset.

Second: the Olayan Group brand combined with Soma Bay's decades-long track record as one of the most prestigious Red Sea destinations, anchoring stable market value and a liquid resale market over the medium term.

Third: view scarcity. Soma Coves units sit on the Reef Side directly overlooking the reef, a finite view product inside Soma Bay that cannot be reproduced in any later phase of the master plan.

Expected short-stay rental yield at Soma Bay is around 8–12% per year for chalets listed on seasonal rental platforms, with occupancy above 60% year-round thanks to the mild climate and easy airport access.

For a sister-phase comparison, see Bay Central Residence Soma Bay inside the same destination by the same Olayan Group developer, which offers a different product format but the same Soma Bay fundamentals and similar rental yield.

Services and Facilities at Soma Coves

Soma Coves Hurghada inherits the full infrastructure of the decades-old Soma Bay destination, on top of the village's own resident-focused facilities.

• Kilometres of private beaches directly on the Red Sea.
• An 18-hole international golf course built to PGA standard inside Soma Bay.
• Five global five-star hotels: Kempinski, Sheraton, Robinson Club, La Residence, and Cascades.
• The Orca Diving Center for reef-diving excursions.
• World-class kite-surfing and wind-surfing schools.
• An internal Soma Coves clubhouse with swimming pools and entertainment zones.
• Medical clinics, pharmacy, and 24/7 ambulance service inside Soma Bay.
• International restaurants, entertainment zones, and luxury spas.
• An aqua park and family entertainment zones for children.
• Retail strip with shops, cafés, walking lanes, and bicycle lanes.
• 24/7 security at the single guarded peninsula entrance.
• Full resort management for short-stay rental operations.

This service stack inside Soma Bay makes Soma Coves self-sufficient through the full season and justifies the price premium compared with other Hurghada projects that lack comparable tourism infrastructure.

General Features of Soma Coves Village

The general features of Soma Coves combine location, brand, and product inside the Soma Bay destination:

This combination of reef views, an established brand, and a varied product mix sets Soma Coves apart from other Hurghada projects and makes it a preferred destination for investors hunting a resort-grade unit.

Drawbacks of Soma Coves and The Solution

The clearest drawback of Soma Coves is delivery scheduled for 2027, meaning an end-user wait window before move-in.

The solution: the Olayan Group track record and the decades of Soma Bay operations reassure investors, and the launch phase still offers the best entry prices plus the widest choice of Reef Side view orientations.

The second drawback is the distance from central Hurghada (45 km) and from full daily-life schooling. However, the complete infrastructure inside Soma Bay, with hotels, water-sport schools, clinics, and resort-grade services, offsets this distance for second-home users and short-stay rental investors.

About the Developer: Olayan Group and Previous Projects

The developer of Soma Coves is the Saudi Olayan Group, one of the largest Gulf investment groups, founded in 1947, which has operated the Soma Bay destination since the 1990s through its Egyptian operating arm Abu Soma Real Estate Development.

The Olayan Group portfolio inside Soma Bay covers the destination master plan with five global hotels, an international golf course, and sister residential phases including Mesca Soma Bay and Bay Central Residence alongside Soma Coves.

For a sister-project review, see Bay Central Residence Soma Bay inside the same destination by the same Olayan Group developer, offering a different product on the Bay Side but with the same architectural and service standards.

Olayan Group is known for long-horizon thinking and investing in infrastructure before sales, which is why Soma Bay was a mature operating destination long before the Soma Coves residential phase launched, in contrast with destinations that start residential sales before completing infrastructure.

To browse all Olayan Group projects on CompoundGate, the platform lists every Olayan-attributed project in the database with regular price updates and payment-plan refreshes.

Edited and verified by the CompoundGate Editorial Team. Last updated: June 19, 2026.