Some of the buyers have backed out of their purchases, thanks - the news agency Agence France Presse has reported - to the slump in oil prices. Although around half the villas - some 350 properties - were initially sold, largely to Middle Eastern customers, the company has filed for bankruptcy protection. However, Sarot Group, the developer behind the site, has run into cash-flow problems as the Turkish economy has experienced a downturn. The castle was originally built in 1441 by Otagaki Mitsukage who eventually become lord to the property. From a distance the castle ruins almost appear to float above the clouds. Mon 06.59 EST Last modified on Mon 11.55 EST. It involves more than 700 Gothic-style villas, each resembling an identikit miniature castle, laid out immediately to the south-west of Mudurnu - having been conceived in 2014 as a luxury community for foreign buyers looking to invest in the Turkish property market. Often referred to as ‘Japan’s Machu Picchu’, Takeda-jo-seki is one of the most isolated and well known abandoned castles in all of Japan. 300 Disney-style castles lie empty in 151m Turkish ghost town - drone video. This town in Turkey might look like a Middle Eastern Disneyland, but it is actually an entirely empty ghost town with absolutely no residents.

When the developers, Sarot Property Group, fell into. The town of Burj al Babas is a major example of an investment gamble that badly fell apart, after a 200 million luxury development was left abandoned and. Financial problems in Turkey have led to a town made up of 732 Disney-style castles being left completely empty its developers file for bankruptcy. Often referred to as ‘Japan’s Machu Picchu’, Takeda-jo-seki is one of the most isolated and well known abandoned castles in all of Japan. Embedded into the surrounding environment’s natural stone. Hailed as the largest cave castle in the world, Predjama in Slovenia might also be one of the most haunted castles. loveslovenia/Instagram The 700-year-old Predjama Castle is certainly beautiful, but it has a violent past. You’d think that the workmen just dropped their tools and walked out. Visitors say that although many of the castles look complete from the outside, they are unfinished on the inside. Indeed, you might question whether Burj Al Babas - as this unlikely project is known - will last into the next decade, let alone survive for half a millennium. Burj Al Babas is a 200 million housing development, located near Mudurnu, in northwestern Turkey, roughly midway between Istanbul and Ankara. Abandoned Castles Of The World: Predjama Castle In Slovenia. Unable to repay its heavy loans, Sarot went bankrupt in 2018, and the project was abandoned, resulting in the world’s largest and most expensive ghost town.

Burj Al Babas contains more than 700 Gothic-style villas, each resembling an identikit miniature castle

Abandoned castle town