$200m Burj Al Babas city of Disney-like castles is now a ghost town

Burj Al Babas was designed in Turkey to lure the luxury lovers or high-net-worth individuals from across the world. The project was started keeping in mind that the visitors would surely get a vibe of castles in Disney movies.

But the dream was never fulfilled! Hundreds of chateaux are standing abandoned at the Burj Al Babas luxury housing development in central Turkey. Over 700 individual villas are minutely styled with same Gothic ornamentation, which is also depicted in a drone-footage embedded below.

The housing project and the so-far progress in Turkey’s Burj Al Babas undeniably flabbergast everyone, and mainly may be wondering when the overall project will be accomplished and what could be the rental of spending for 24 hours at one villa.

Unfortunately, the reason of project-abandonment is recession. As Tukey experiences economic slowdown, the project developers filed for bankruptcy protection that led buyers falling through their sales. Now the country’s castle-like homes simply stand empty or some now call it the land of ghosts.

However, Sarot Group’s Deputy Chairman told Bloomberg that they are hopeful that the development would continue. According to him, the project is valued at USD 200 million and they need to sell 100 villas to pay off the debt. Now Burj Al Babas’s empty villas are just like the symbols of country’s economic plight.