Located between Istanbul and Ankara, in Bolu province’s picturesque mountains, almost 600 identical French-style château dwellings are sitting empty after the developer of the Burj Al Babas estate racked up a debt of $27 million, according to Bloomberg.
The original plan was to fill the luxury housing complex with 732 châteaux in total, each on a 324-square-metre (3,488-square-foot) plot, some of which have already been sold for between $370,000 and $530,000.
However, hundreds of houses have been left in various stages of completion due to the recent collapse of the Turkish economy, in 2018.
the project, which started in 2014, was to create an entire town of mini three-storey French-style châteaux, each with its own turrets, and an impressive large-scale classical domed building at the heart of the development.
The Sarot Group completed 587 of the houses before it went bankrupt; deputy chair Mezher Yerdelen told Bloomberg that he hoped construction could get off the ground again in 2019, explaining that the company needed to sell only 100 villas to pay off the debt. The project’s current value is $200 million, according to Mezher.
The development hasn’t been popular with everyone, given the architecture’s stark contrast to the traditional Ottoman style of the local historical mansions in Mudurnu, with the town being added to the UNESCO World Heritage Tentative List in 2015.
Very cool, I like the fact that they are all the same. Very nice. The spacious yards make me incredibly impressed. Very nice.
It looks very nice I will save up money and move here!
Hopefully they will finish this because it looks so beautiful in the renderings of the finished villa.
Love this architecture 😍 takes time to build a city .love the style . Great project
100% fail, ugly and useless.
Вилла клон
Bu ne be? rum mezarlığı gibi
Arap villaları
باذن الله سوف ينتهي من المرحله الاولى شعر أكتوبر وتنتهي المشروع نهائيا في صيف 2018 بجمع خدماته من حدائق وملاعب وترفليك
يوجد فله للبيع الانتهاء المتوقع صيف 2018 ..سعر الفيلا 250 الف دولار أمريكي
Allah selamet versin
★★★★★
Nerde hareket orda bereket