Green Valley Real Estate unveils new AED 220 million project in Turkey

New project in Trabzon consists of 31 buildings with 640 apartments

Move follows successful selling of four projects in the country

Close on the heels of the success of its iconic projects across Turkey, Green Valley International Real Estate - one of the leading real estate companies in the region, today announced the launch of a new project worth AED 220 million in Trabzon, Turkey.

The project at Trabzon is the company’s fifth in the country and is a major step forward for Green Valley in the booming real estate industry in Turkey, amidst heightened activity in the sector by investors and clients.

The new Green Valley project is a fenced, electronically-equipped gated community, and comprises 31 buildings consisting of a total of 640 apartments and comes with all lifestyle needs such as restaurants, supermarket, swimming pools, health gymnasium, kids’ playground and parks.

The Trabzon project follows the success of the previous developments in Boulevard Bursa, Bursa Villas, Sabanja Villas and Yalova Villas. The new project offers a great opportunity for investors to eye the promising Turkish real estate market backed by the expertise, vision and credibility of a leading UAE-based company.

This project, like the earlier ones in Turkey, is part of Green Valley’s strategy to offer GCC nationals the opportunity to invest in properties outside the Gulf region through iconic projects in countries such as Turkey, Egypt, Lebanon, Syria and others, in addition to its developments within the UAE.

Mr Wiaam Mahmoud Rabah, Chairman of Green Valley Real Estate, said: “The real estate sector in Turkey offers a huge potential for growth, and we are proud to be playing a pivotal role by unveiling a new project in Trabzon. The iconic development offers a huge return on investments for GCC nationals in Turkey and we offer this great chance for GCC nationals to invest in this booming market.”

Mr. Rabah added: “Our projects have carved a niche with our delivery standards as also our deadlines, and we are confident that the Trabzon project will also be completed well before the set deadline. The features and characteristics of these projects are unparalleled and we expect the demand to be phenomenal, like our earlier projects.”

The project is competitively priced and offers all world-class amenities associated with high-end communities, complete with recreational, social and entertainment facilities.

The real estate sector in Turkey has grown by 16.1 per cent in 2009 and by 13 per cent in 2011, according to statistics by Turkish Contractors Association and the international investors have a wide array of reasons to invest in the country amidst booming demand and sales.

About Green Valley International Real Estate: Established in 2004, Green Valley International Real Estate Group is one of the leading companies in the real estate sector, offering a variety of services including residential and investment opportunities, for sale, re-sale or lease properties, as also developing and constructing lands. Offering a high-calibre team with high skills and professionals, Green Valley offers clients safe, calm, honest and commitment. Green Valley International Real Estate Group consists of group companies - Green Valley Real Estate Brokers in Dubai; Unique Green Valley Real Estate and General Contracting in Abu Dhabi; Green Valley Real Estate in Ajman and Fujairah; Al-Salamy Services in Qatar; Green Valley for Contracting and Building in Lebanon; Green Real Estate in Syria; Green Valley Trading & Contracting Co in Egypt; Green Valley Trading & Contracting Co in Morocco; Green Valley International Real Estate in Istanbul, Turkey; and Yegil Vadi GayrimenkulDizayn ingaat Sanayi ve Ticaret in Bursa, Turkey.