Berggruen Gümüşlük Houses is a gated residential community consisting of 127 houses. Phase 1 and 2 have been completed, and over 75% of the houses have been sold to mostly Scandinavian buyers. Construction of Phase 3, consisting of 27 houses, is set to start during the 4th quarter of 2011. Berggruen Gümüşlük is designed by the well known Scandinavian architects Thomas Sandell, Gert Vinghardh and Jarmund & Vigsnaes. It is located in Gümüşlük, one of the most attractive areas of the Bodrum Peninsula.