Tuesday, 26 February 2019

It Must Have Seemed,

a great idea at the time,


take a piece of land in Turkey, and make a luxury village, the home and holiday market bubble was booming,

but like so many bubbles it burst, about half way through the $200 million complex of fake chateaus modeled after historic European architecture, the plan stuttered then stopped, buyers cancelled and new ones were thin on the ground

leaving the developers underfunded, although they say they’ll find a way to move the Burj al Babas development forward by the end of the year, it’s unclear whether that will actually happen, note to the developers, if I were paying the asking price of $400,000 per home, I would want a larger garden, one where I can have a swimming pool and lawn, not one or the other!


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