The houses are still incomplete and the town has become an attraction for tourists who have a thing for abandoned villages. Journey to Abandoned GHOST TOWN of Disney Castles Over 530 Abandoned Castles BigBankz 320K subscribers Subscribe 2. We have been planning to open the premises partly in 2019," he added.Īs things stand, the crisis is far from over for the Sarot Group. There are 732 villas in the project but only 350 were sold to Arab investors. "We think that we will overcome the crisis in four or five months. Situated close to the town of Mudurnu in Turkey, these homes can be bought at 400000 to 500000 each. ![]() We will appeal the ruling," he told Hurriyet Daily News in 2018. We applied for bankruptcy protection but the court ruled for bankruptcy. Given the enormous amount of money that has already been spent on the project, one can only hope that these beautiful castles don’t fall into ruin over the years. In fact, the site is turning into a tourist attraction. "We couldn't get about $7.5 million (£5,585,662) receivables for the villas we have sold to Gulf countries. The sight of row upon row of castles, all totally abandoned, will fascinate you. The chairman of Sarot Group, Mehmet Emin Yerdelen blamed the collapse of the project on those who refused to pay for the homes they bought. ![]() Today, as many as 530 half-built houses are left on the land without any care or owner. Inside a massive abandoned town of Disney-esque castles What was supposed to be a luxurious urban development for wealthy foreigners has become an eerie half-finished ghost town in Turkey By Jessica Cherner and Katherine McLaughlin 20 October 2022 If Disney World is the happiest place on Earth, then Burj Al Babas might be the eeriest. Reports even claimed that the real estate venture was off to a flying start with half of the properties selling in advance.īut sales started dropping badly by 2018 and the developers were eventually declared bankrupt before the project could be completed.
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