Turkey's Aegean island of Karaca on offer for $24.3 mln

The owner of Karaca Island has raised the asking price for the island from 145 million Turkish liras ($9.8 mln) to 360 million liras ($24.3 mln).

According to real estate agents in the southwestern province of Muğla where Karaca is located, the island is owned by a U.S.-based Turkish businessman.
Situated just around 400 meters off the mainland, the 316,000 sqm island is home to three detached houses, three bays, and 16 acres of woods, the advertisement says.  
On 24 April, the price per square meter soared from 459 liras ($31) to 1,139 liras ($77).
Source: hurriyetdailynews.com