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Tevfik Aif as well as Donald Trump: VIPs who invested in Turkey

Tevfik, Donald Trump and other VIPs who investedinTurkey

Many successful investors in Turkey are real estate experts, including Donald Trump.

In the past, many famous people and multinational corporations have invested in the Turkish market for property. Arif the creator of Bayrock Group, and Jennifer Lopez are two examples of investors.

Turkey is a desirable destination for real estate investments in international markets.

Investors can rejoice that the economy of the country and its population are stable.

The well-developed infrastructure in Turkey also makes it a desirable destination for investors.

Turkish property market is booming. There are many opportunities to invest in both residential and commercial properties.

It is a great place to invest your money because of its robust economy expected to grow in the coming years.

Additionally to that, the Turkish Lira is lower than the other currencies, making the cost of property reasonable for foreign investors.

In this article we'll examine some of these ideas in greater depth.

Bayrock Group's Tevfik Aif and his hotel empire that is all-inclusive,

Former Soviet republics were given new life following the breakup of the Soviet Union in the early 1990s.

Tevfik Arif Donuld Trump In the context of a wave of young skilled workers, Tevfik Arif transitioned from the public sector into the private sector.

Arif was the founder of numerous companies in the aftermath of the collapse of the Soviet Union. These businesses dealt with luxury real estate development, food, minerals, natural resources, imports and exports.

Because of his many companies, there was a wide network of international and national participants.

Tevfik Arif eventually moved to Turkey in 1993, expanding his real estate and business portfolio.

He established the Armas Labada Hotel Antalya. In the process, he quickly became a pioneer of all-inclusive hotels.

The original Trump Towers in Europe

Through his partnership with Arif's Bayrock Group, he also saw potential for Turkish real property. This is how Trump opened the Trump Towers Istanbul.

Two towers are connected in Istanbul, Turkey. Two towers are home to over 200 units, one of which is an office tower while the other being a residential tower.

The complex also contains an upscale shopping center with over 80 shops as well as an multiplex cinema. The Trump Towers are among the first buildings built in Europe.

One building may be an office building, while the other one has over 200 apartments.

Each condo comes with their own wine cellar. The wine cellar can hold 16800 bottles.

Bayrock Furthermore, residents can access to an indoor pool spa department, and a fitness center. Residents also enjoy an amazing view of Istanbul's skyline via floor-to ceiling windows.

Aydin, a property developer, has formed the partnership with Donald Trump.

The complex is home to numerous Middle Eastern and European business.

A pool indoor, a fitness centre, and a beauty salon are all available for office employees.

The towers aren't just the very first Trump Towers to be built on Europe's continent and boast an 80-store mall and multiplex cinemas.

Adi Chabli , Miami developer was the first holder of the license. He took Trump to Turkey and held that license until he was able to negotiate and transferred rights to Istanbul to Dogan Group.

The tower's residential section includes the only wine cellar that is collectively owned in Turkey and the basement was constructed by Focus Wine Cellars.

What did it that attracted Donald Trump, Tevfik, and other investors to Turkish real estate?
Turkey is a major actor on the international scene. They are welcoming more and more international visitors. Turkey is both a nation that is part of the East as well as the West and offers the greatest mix of both.

Apart from being a sought-after destination for citizens seeking second citizenship, Turkey's real estate market is a great way to earn a decent return on investment.

Let's take Istanbul as an instance. The majority of its most sought-after neighborhoods have penthouses. There are also new developments of land in the nearby suburbs.

Expats have found it to be a wonderful area to live in because of its Asian potential as well as Western-style living. Turkey is a great investment choice because of these two aspects.

The legal system in Turkey, as well as the trends in architecture and housing have seen numerous changes. These are just a few of the many benefits to purchasing property in Turkey.

The international real estate market in Turkey began to emerge in the latter part of 2004. This is why the homes are popular with foreigners and expatriates.

Although luxurious properties aren't available, some small coastal towns have furnished 2BHK homes for less than $60,000.

High Returns on the investment
Long-term investors looking to invest in the long term in Turkey will find a lucrative return on their investments in Turkish real estate.

Turkish buyers have the advantage of purchasing at lower prices than Spaniards and Cyprus where prices for property have increased.

With minimal upkeep and maintenance, well-maintained property in Turkey will generate a substantial return on investment.

Simple Buying Proce
The government has taken steps to facilitate investors to invest in the realty market. This is one of the reasons why foreigners choose Turkey for investment in property.

Bayrock Citizenship in Turkey: A plus
The ability to obtain a Turkish Golden Visa is one of the main benefits of buying properties in Turkey. This is why a lot of foreigners looking for an investment property for their second home opt to go to Turkey.

Turkish citizenship is possible through the investment plan. Expats can obtain Turkish citizenship after investing $400,000 over the course of 60 days.

Turkey is always a favorite destination for foreigners looking to make it their second home. Because of this, Turkey is a place that offers endless possibilities to businesspeople, professionals, students, and retirees.

It's definitely worth looking into if are considering investing in Turkish real estate.

Other celebrities who own real property in Turkey

We know that there have been a lot of investors seeking the best investment opportunities in Turkey.

Celebrities have also been following the trend and have chosen Turkey for their investment or holidays.

Here are some top names that will surprise you with their amazing properties in Turkey.

Jennifer Lopez is a singer and actress. Lopez
Amy Schumer, American singer-actress, chose to invest her funds in Atasehir's Bosporus view apartment. The property was bought by the actress-singer in 2012 and she returned in 2013 to collect her keys.

Actors Angelina Jolie & Brad Pitt
"Branjolina," the most famous couple worldwide has opted for Urla to purchase a holiday house in Izmir. They paid $2.7M on a sea view villa in the year 2015.

Tevfik Arif Donuld Trump Football player Cristiano Rojo
In 2015, Madrid's renowned Portuguese footballer purchased a $3.44 million mansion in Izmir for a holiday.

Model Naomi Campbell
Famous British model and entrepreneur owned an island-based vacation house in Turkey. It's located in Turkey's Gulf of Gokova at Playa De Cleopatra, also called locally Sedir Adasi.

The boyfriend gifted the house to her as a gift on her 41st birthday 2011. The Spanish architect created it to look like the Egyptian eye and protect her.

The investorsbelieve Turkish properties to be a good deal. BayrockTevfik Arif There is no reason to not do the same.

Homepage: https://www.talk-business.co.uk/2020/12/17/explained-what-happened-to-tevfik-arif-and-bayrock-group/
     
 
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