Turkish luxury estates hit by Gulf investor pullouts| Money Talk

Turkish luxury estates hit by Gulf investor pullouts| Money Talk
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Many construction firms in Turkey have been cashing-in on the insatiable appetite for luxury estates from investors in the Gulf. But one extravagant project has failed to attract buyers. The Burj Al Babas project halfway between Istanbul and Ankara has left the developer bankrupt and an eerie ghost town of Disney-like castles in its wake.

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