Emiratis invest Dh18.4m in Turkish real estate project

Ideal Sapanca, a UAE-Turkish entrepreneurial company, today announced that its FCC Serenity Villa project located in the picturesque Sapanca Lake region in Turkey has received good response from Gulf nationals with the UAE nationals making up to 26% of the buyers and have already invested Dh18.4 million in the project.

The company, mandated to market iconic real estate projects by Turkish-based FCC Construction and Development Company, also pointed out that the FCC Serenity Villa project is almost 60% complete and is scheduled to be handed over in the beginning of 2015, nearly six months ahead of scheduled handover date.

The FCC Serenity Villa project is being built on 55,000 square metres land in Sapanca – one of the best vacation destinations in Turkey with picturesque views of the world-famous Sapanca Lake – one of the drinking water sources in the region. Given its ideal location and natural surroundings, the project has evinced enthusiastic response from GCC nationals.

Nasser Abdulla Al Ali, UAE partner for Ideal Sapanca, said: “We are thrilled with the response to the FCC Serenity Villas project from the UAE nationals – which is a testimony to the world-class standards and amazing location on offer in the project. FCC has been in the industry for over 45 years, and understands the needs and preferences of our target customers in the UAE. FCC Serenity Villas fits perfectly in this category of an iconic project by a world-class developer.”

The project encompasses 51 luxury villas and offers 5-star facilities and stunning natural environment. With its proximity to Istanbul and Izmit, the city offers scenic beauty and landscape. The project offers two villa options, 3+1 plans on 185 square metres and 4+1 plan on 245 square metres across two floors and a private garden each.

FCC Serenity Villa project is 95km [45 minute drive] away from the Sabiha Gokcen Airport.

Follow Emirates 24|7 on Google News.