Five-Star Hotel in Alanya Taken Over by Halkbank

Five-Star Halal Hotel in Alanya Transferred to Halkbank Through Foreclosure

The Simurg Halal Luxury Hotel, a five-star conservative hotel with 411 rooms located in Alanya, was put up for sale through a foreclosure process. The hotel was transferred to Halkbank in exchange for a receivable amount of 393 million Turkish lira, although a court-appointed expert valued the property at 787 million 130 thousand lira.

Located in the Payallar neighborhood, the hotel follows an alternative tourism concept, offering separate facilities for men and women.