Coral Coves

Part of Somabay · Soma Bay

Somabay · Red Sea, Egypt, Egypt

More time to pay at Coral Coves

Here you can compare a two-bedroom apartment, terrace chalets and villas on six- and eight-year plans. If you’re buying with cash, look again at the homes you saw in October. Cash prices fell on every Coral Coves home that carried over to the end of the month.

Comparing a resale with a developer plan?

Ask for the cash due at assignment and the instalments you would take over. Add scheduled maintenance and any agreed brokerage to compare the full price. We can also show you which transfer and registration charges are paid separately.

Starting from

EGP 16,640,000Over 6 years

For this home, you could pay EGP 12,480,000 in cash or pay a total of EGP 20,800,000 over eight years.

Prices at 31 October 2026.

Payment plans

6 years

On signing: 5%
After 3 months: 5%
Quarterly payments: 23

8 years

On signing: 5%
After 3 months: 5%
Quarterly payments: 31

Home types

2-bedroom apartment

2 bedrooms · 100–115 m² gross

From EGP 16.64m over 6 years

Terrace Chalet A

2 bedrooms · 135 m² gross

From EGP 26.96m over 6 years

Terrace Chalet B

2 bedrooms · 120 m² gross

Price on request

Villa 1a

3 bedrooms · 210 m² gross

From EGP 77.2m over 6 years

Villa Standalone

3 bedrooms · 180 m² gross

From EGP 49.68m over 6 years

Other catalogue layouts

Ask about availability and current pricing for these layouts.

2-Bedroom apartment

How the choice changed

34September

34October

2931 October

September to October0 added · 0 dropped off

October to 31 October1 added · 6 dropped off

Did prices rise or fall on the same homes?

Number of homes we could compare on the same plan
Plan	Period	Fell	Held	Rose
Cash	Sep to Oct	0	34	0
Cash	Oct to 31 Oct	28	0	0
Five years	Sep to Oct	0	34	0
Eight years	Sep to Oct	0	34	0
Eight years	Oct to 31 Oct	0	0	28

See the whole bay in the November Ledger →

Prices in EGP

Home type	Cash	6 years	8 years
2-bedroom apartment	EGP 12,480,000	EGP 16,640,000	EGP 20,800,000
Terrace Chalet A	EGP 20,220,000	EGP 26,960,000	EGP 33,700,000
Terrace Chalet B	On request	On request	On request
Villa 1a	EGP 57,900,000	EGP 77,200,000	EGP 96,500,000
Villa Standalone	EGP 37,260,000	EGP 49,680,000	EGP 62,100,000

Compare cash and instalment prices for the same home in each row.

Fees

Fee	Kind	Amount	Basis	Timing
Water & Electric Meters (no garden)	utility	1,400 USD	one-time	due within 15 days after reservation
Water & Electric Meters (with garden)	utility	2,100 USD	one-time	due within 15 days after reservation
Yearly Maintenance Fee	maintenance	12 USD	per sqm BUA per year	due 6 months after contract date + next 1 year after delivery
Sports' Club Membership (cash)	membership	400,000 EGP	one-time	—
Sports' Club Membership (installments over 2 years)	membership	500,000 EGP	over 2 years	—
Sports' Club Membership (installments over 3 years)	membership	600,000 EGP	over 3 years	—
Sports' Club Membership (cash) - mandatory	club subscription	400,000 EGP	one-time	—
Sports' Club Membership (installments over 2 years) - mandatory	club subscription	500,000 EGP	installments	over 2 years
Sports' Club Membership (installments over 3 years) - mandatory	club subscription	600,000 EGP	installments	over 3 years

Common questions

What is the starting price at Coral Coves?

On 31 October, prices started at EGP 16,640,000 over 6 years.

Which payment plans are quoted?

6-year and eight-year options are shown. Choose a layout above to see what you’d pay on signing and each quarter.

What additional charges apply?

We’ll price the home and show you when maintenance, club, meter and any garden payments fall due.