Firm invests $150 million for construction of 78 luxury villas in Aegean resort of Bodrum

Didem Atakan – ISTANBUL

Real estate developer Capital Partners of Turkey is investing around $150 million to expand its portfolio of luxury villas at a hotel and residence project in the Aegean resort of Bodrum.

The firm is in the process of constructing an additional 78 villas, to be completed by the second quarter of 2019, in the Six Senses Kaplankaya resort, which already features a hotel with 141 rooms and 154 private residences located adjacent to the main complex.

Capital Partners of Turkey co-founder Burak Öymen said during a press meeting in Istanbul on April 6 that the building work was being undertaken with the utmost care for the environment and community.

The property is owned by Capital Partners of Turkey but the operation of the residences and the hotel will as of May 1 be run by Six Senses Hotels Resorts Spas - which operates a chain of hotels, resorts, and spas internationally - as per an agreement struck by an agreement last year between the two parties.

Meanwhile, the general manager of the resort, Lionel Valla, said eco-friendly practices are being undertaken in the resort with an emphasis on “sustainability.”

“We want to be a pioneer in sustainability in Turkey,” Valla said during the press meeting.