[The Free Engineer]

The buildings and town are so ugly and unappealing the whole thing has to be a loan-scam. Springtime for Hitler goes real-estate. No doubt they borrowed more than necessary to build, then pocketed half of it, paying off Erdogan and his cronies, then went bankrupt, screwing the creditors and the workers.

All according to plan. Whatever cash they got from idiot buyers was gravy.

[NorseViking]

Yep, Turkey has basically two premium zones: Istanbul and tourist towns on the Med Coast.
Everything else is oxacart and 19th century. The ‘luxury’ housing in Northern Anatolia sounds like a joke, especially in 400,000 euro range.
Before a crisis in a boom time you could get a penthouse with marble floors and top amenities in Alanya for half that much.
The idea to offer citizenship to Arabs over property purchase is a dumb idea.
Turkey traditionally is super clean and zero crime. Last time I’ve been to Alanya last summer and every other car with Iraqi and whatever else plate, beggars in the street, crap, broken windows, people complaining about home invasions.
I think Erdogan lost it.

[Texas Fossil]

Look at the scope of it. Madness.

But China has places like this too. Probably close to 50 of them, some big enough to house 1,000,000 people.

That is a product of Totalitarianism.