Travco Properties develops residential communities and mixed-use destinations that bring together homes, hospitality, retail and leisure. Its portfolio spans Egypt’s Mediterranean and Red Sea coasts, with developments including Almaza Bay, Ras Soma and Makadina.
Each destination offers a different setting and residential experience. This guide explores the company’s background, its relationship with Travco Group and its principal developments, alongside the practical considerations that help buyers compare properties and understand their ownership commitments.
About Travco Properties and Its Relationship with Travco Group
Travco Properties was established in 2014 as the real estate development arm of Travco Group, which was founded in 1979 by Hamed El Chiaty. The group’s business interests extend across tourism, hospitality, aviation, transportation and other sectors.
This distinction separates the group’s corporate history from the developer’s own track record. Travco Group’s tourism and hospitality background provides context for the property business, while Travco Properties should be assessed through its developments and their specific characteristics.
The company describes its vision as introducing a fresh perspective on mixed-use development, with an emphasis on creating communities that support residents’ everyday needs. Integrity, creativity and teamwork feature among its stated values.
This approach is reflected in destinations that combine residential accommodation with hospitality, retail and recreational facilities, although the scale and composition of these elements vary between projects.
Key Developments by Travco Properties
Travco’s portfolio includes coastal destinations with distinct locations, property offerings and lifestyle concepts. Understanding these differences helps buyers build a shortlist around their intended use.
Almaza Bay, North Coast
Almaza Bay is located on Egypt’s North Coast, approximately 38 kilometres before Marsa Matrouh. Presented as Travco Properties’ flagship development, it combines residential neighbourhoods with hospitality, dining, shopping and leisure within a Mediterranean coastal setting.
The official destination website features residential phases such as Bay Homes, Beach Town, The Selection and The Island. Comparing properties therefore requires a closer look at the selected phase, the home’s layout and its position relative to the beach and amenities. The ownership experience can differ between neighbourhoods within the same destination.
Ras Soma, Red Sea
Ras Soma is located on Egypt’s Red Sea coast and is also presented under the name Almaza Bay Ras Soma. Its official project page describes a coastal residential community offering apartments and villas against a backdrop of sea views and mountain scenery.
Despite the shared branding, Ras Soma is geographically separate from Almaza Bay on the North Coast. Buyers should identify the exact phase and property under consideration, then review the actual outlook, access to amenities and status of the relevant services.
Makadina, Makadi Bay
Makadina is located in Makadi Bay, in the Hurghada area on the Red Sea. At the time of review, Travco Properties presents it as its newest development. The project website showcases apartments, townhouses, twin houses and villas within a destination that connects residential living with hospitality, sports and leisure.
The published concept includes walking and cycling routes, outdoor spaces, sports facilities, retail and service components. When assessing a property, distinguish between amenities across the wider destination and those associated with the chosen phase, as well as between operational facilities and planned additions.
Almaza Bay, Ras Soma or Makadina: Which Travco Development Suits You?
A useful comparison begins with how you expect to use the property. A home intended for extended family holidays may require a different layout and location from one used for frequent short breaks.
Location and Accessibility
Almaza Bay offers a Mediterranean setting near Marsa Matrouh, while Ras Soma and Makadina are located on the Red Sea.
Accessibility depends on your starting point and preferred mode of travel. Assess the journey from your actual place of residence, considering road and air connections where relevant, as well as the route from the development’s entrance to the property itself.
The most useful measure is how comfortably the journey fits your routine and expected frequency of visits.
Personal Use and Frequency of Visits
For family stays, consider bedroom arrangements, shared living areas and storage. For shorter visits, ease of arrival, property upkeep and the availability of maintenance support may carry greater weight.
If letting the property forms part of your plans, confirm the applicable rules and any arrangements for bookings, guest access and day-to-day operations. A coastal location alone does not establish consistent rental demand or year-round occupancy.
Property Type and Usable Space
Ras Soma’s published offering includes apartments and villas. Makadina presents apartments, townhouses, twin houses and villas, while buyers considering Almaza Bay should consult the details of their preferred residential phase.
Compare usable internal space, terraces, gardens where applicable and the separation between buildings. Properties with similar advertised areas can differ considerably in layout efficiency, privacy and furnishing options.
Amenities and Phase Status
Request a clear description of the amenities serving the chosen phase. Establish which facilities will be available at handover and which depend on later development stages.
A site visit can help clarify beach access, internal circulation, visitor arrangements and the position of shared facilities. These details provide a more practical understanding of everyday use than the master plan alone.
Total Cost of Ownership
Compare the purchase price alongside instalments, finishing and furnishing requirements, maintenance charges and other applicable fees.
The right choice should balance expected use with the full financial commitment. A property that suits one household’s travel habits and budget may be less appropriate for another.
Travco Properties’ Vision and Objectives
Travco Properties states that its ambition is to create thriving, progressive communities that enrich residents’ lives. Its published vision focuses on mixed-use destinations that bring different aspects of daily life together.
Its stated approach centres on:
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Community building: Creating environments that support residential life and a sense of belonging.
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Integrated development: Bringing homes, services and complementary uses into a coherent destination.
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Quality and reliability: Emphasising planning, attention to detail and the customer experience.
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Creativity: Exploring new perspectives on residential and mixed-use development.
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Collaboration: Drawing on teamwork and specialist expertise throughout the development process.
For buyers, the practical assessment remains property-specific: the layout, specifications, amenities and contractual commitments should align with their expectations.
Residential Services and Amenities Across Travco Developments
Travco’s developments combine residential accommodation with a range of destination amenities. Depending on the project, these may include dining, retail, sports, leisure and hospitality components.
The distinction between a destination’s overall offering and an individual owner’s entitlements is important. A hotel, clubhouse or recreational facility within the wider development does not automatically establish that access is included in the property price or maintenance charges.
Services and Access Rights to Confirm Before Buying
Ask for written clarification of the following:
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Included services: Which services form part of the purchase, and which require separate payment?
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Beach access: Which areas are available to owners, guests and tenants, and under what conditions?
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Clubhouse and hotel facilities: Are memberships, usage limits or additional charges applicable?
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Maintenance and operations: How are charges calculated, and what work do they cover?
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Rental management: Is a service available, who provides it and what are its terms?
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Facility status: Which amenities are operational, under construction or planned?
Buyers should also identify the team responsible for post-handover support and understand how maintenance responsibilities are divided between the property owner and the development’s management.
Design and Project Collaborators
Travco Group identifies WATG as a collaborator with Travco Properties in conceiving the Ras Soma development, establishing a project-specific connection between the architectural practice and the coastal destination.
Understanding each organisation’s role helps buyers interpret project information accurately. A master planner or architectural consultant has a different responsibility from a construction contractor, hotel operator or community manager.
When reviewing participating companies, link each name to its stated scope of work and the relevant project or phase. A hospitality brand’s presence should not be taken to mean that it handles all aspects of construction, maintenance or residential management.
Travco Property Prices and Payment Plans
Travco property prices vary by destination, phase, property type, area, position, finishing specification and offer date. Direct developer purchases and resale transactions may also carry different terms.
A meaningful comparison requires a current offer for a clearly identified property. No single starting price or instalment plan should be assumed to apply across the portfolio.
A written offer should include:
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Development, phase and unit reference.
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Property area, floor plan and finishing specifications.
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Total purchase price and down payment.
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Instalment schedule and additional payments.
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Maintenance, service and parking charges, where applicable.
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Contractual handover date.
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Cancellation, assignment and resale conditions.
When comparing payment plans, calculate the total amount payable and the timing of each payment. A lower initial payment may still be accompanied by larger later commitments.
For resale properties, confirm outstanding instalments, assignment fees and any obligations that transfer to the new buyer.
Frequently Asked Questions About Travco Properties
What Is the Difference Between Travco Group and Travco Properties?
Travco Group operates across sectors including tourism and hospitality. Travco Properties is its real estate development arm.
When Was Travco Properties Established?
Travco Properties was established in 2014, while Travco Group was founded in 1979.
What Are Travco Properties’ Main Developments?
The company’s official website features Almaza Bay on the North Coast, Ras Soma on the Red Sea and Makadina in Makadi Bay.
Where Is Makadina Located?
Makadina is located in Makadi Bay, in the Hurghada area on Egypt’s Red Sea coast.
Does Property Ownership Include Access to Every Facility?
Access rights, included services and additional charges depend on the development, phase and contractual terms. Buyers should obtain written confirmation for the property they are considering.
How Can I Check Current Prices and Availability?
Request an up-to-date offer identifying the development, phase, property, price, additional charges, payment schedule and handover terms. Confirm whether the seller is the developer or a resale owner.
