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Great idea turns to dust

Just because we have an idea doesn’t necessarily mean it’s a good one, and this is evident on a grand scale at a residential development in Turkey.

Who wouldn’t want to live in a Disney-style palace near the Black Sea? Almost no-one now, unfortunately for the developers of Burj Al Babas, with its 587 half-finished mini castles. It nearly worked, though, with several hundred reportedly bought off-the-plan before the builder went bust in the midst of Turkey’s economic downturn, leaving a ghost town in its place.

We hope you have enjoyed this article. It is our pleasure being your real estate agents in Brisbane.

If you would like any assistance or advice, please feel very welcome to get in touch with our Brisbane real estate agents, Brisbane property management team, or Brisbane buyers agents.

About Adam Nobel

CEO | Principal
M. Bus, Grad Dip Adv, B.Int Bus, LREA

adam@hugoalexander.com.au

0417 007 001

Adam is the founder and Principal of Hugo Alexander Property Group. With a previous career in advertising, 22 years experience in property investment, and 16 years in Brisbane real estate, he knows the market inside out to ensure his clients grow their wealth faster.

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