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Tevfik Alif Donald Trump and other VIPs investedinTurkey
Many famous real property investors have made investments in Turkey and include Donald Trump.
Over the years, many celebrities as well as multinational corporations have invested in the Turkish real estate market. Arif founder of the Bayrock Group and Jennifer Lopez are just two of the investors.
Real estate investments from abroad are drawn to Turkey due to a variety of reasons.
Investors can rest assured that the economy of this country is stable and that it is growing.
Turkey's well-developed infrastructure also makes it an attractive destination for investment.
Turkish property is in an upswing phase. There are plenty of opportunities to invest in commercial and residential property.
It is a great place to invest your money because of its robust economy predicted to grow in the coming years.
Furthermore it is worth noting that the Turkish Lira is also less expensive than the other currencies, making the cost of property reasonable for foreign investors.
This article will discuss a few of these initiatives.
Bayrock Group's Tevfik Alif and his all-inclusive hotel empire in Turkey
In the early 1990s the Soviet Union was disintegrated and former Soviet republics were integrated into a new world.
As part of a growing wave of young skilled workers, Tevfik Arif transitioned from the public sector into the private sector.
Arif founded several companies after the collapse of the Soviet Union. These companies involved the development of luxury residential properties, food, minerals, natural resources, imports and exports.
Through his various companies that he had, he was able create a network of stakeholders , both nationally and international.
Tevfik Arif finally relocated to Turkey in 1993. He expanded his real estate and business portfolio.
He established the luxurious Armas Labada Hotel, Antalya. He became a pioneer for the concept of all-inclusive hotels.
Bayrock Turkey's First Trump Towers
Arif's Bayrock Group helped him see potential for growth in Turkish real estate. This is how Trump opened the Trump Towers Istanbul.
They are situated in Istanbul's Isli. There are more than 200 units within the two towers. One tower is an office tower, and one is a residential tower.
The complex also houses an upscale shopping center with over 80 shops as well as multiplex cinemas. The Trump Towers are constructed in the European continent's first continent, are unique.
BayrockTevfik Arif One of the buildings houses offices, and the other has more than 200 apartments.
Each condo comes with an individual wine cellar. Doyen An estimated 16,800 bottles can be stored inside the cellar for wine.
Residents also have access to an indoor pool, a spa, and gym. The residents also have a spectacular panoramic view of Istanbul's cityscape through the floor-to-ceiling windows.
Aydin an investor in the field of property is forming a partnership to work with Donald Trump.
A lot of businesses from Europe as well as the Middle East are situated within this complex.
Access to an indoor pool, gym and beauty center are available to office employees.
Apart from being the first Trump Towers built in Europe, they also have an eighty-store shopping mall and multiplex cinema.
Adi Chabli , Miami developer, was the original owner of the license. He first took Trump to Turkey and held the license until he was able to negotiate and granted 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 built by Focus Wine Cellars.
What is it that attracts Donald Trump, Tevfik Arif and other investors to Turkish real estate?
Turkey is an important player on the international stage and continues to be a welcoming place for foreigners. Turkey, as a country that combines both the East and West has the best of both.
Besides being a popular destination for second citizenship, Turkey's property market can yield a substantial return on investments.
Let's consider Istanbul as an illustration. Many of the most desirable neighborhoods in Istanbul have penthouses or new developments of land in the suburbs.
It is an excellent place to work and live for expats due to the Asian economic potential, Western-style quality of living, and a great geographical location. Turkey is an investment option due to this combination.
Turkey's legal system and architectural and housing trends have been through many changes. Tevfik Arif Bayrock Here are a few advantages of buying property in Turkey.
The real estate market of Turkey began to emerge in late 2004. The cost of houses attract numerous foreigners and expats.
Luxury properties are accessible, but small coastal towns can offer fully furnished 2BHK apartments priced at less than $60,000.
Profitable Returns on Investment
The property market in Turkey has an excellent ROI for investors who are looking to invest for the long term.
Turkish buyers are cheaper than Spanish or Cyprus that have seen prices for property skyrocket.
Turkey is one of the countries that could provide the most lucrative return on investment requiring minimal maintenance.
Simple Buying Process
The Turkish government has taken the appropriate steps in order to facilitate the process of drawing investment into the real property market. This is another reason for why Turkey is a top option for investment in property.
Citizenship in Turkey: A plus
The Turkish Golden Visa is one of the most beneficial benefits when buying property in Turkey. A lot of foreigners select Turkey as their second home because of this.
Turkish citizenship through investment scheme: Expats can obtain Turkish citizenship through investing $400,000 within 60 Days.
Doyen Turkey is always a popular choice for foreigners as a second home. Turkey is a country that offers many opportunities to professionals as well as students, businesspeople, and retired individuals.
If you are interested to invest in Turkish realty, it is worthwhile.
Other stars who own real property in Turkey
We've seen that investors all around the globe are searching for the most profitable Turkey investments.
https://www.dwell.com/collection/tevfik-arif-theguardian.com-57fba550 Celebrities too have followed the trend and chose Turkey for their investments or holidays.
So, here are some names that might surprise you by their remarkable property in Turkey.
Actress, singer, and dancerJennifer Lopez
The performer-singer from the US chose to invest in an Bosporus View apartment in Atasehir, situated in Asian Istanbul. The property was purchased in 2012 and returned in the last year to collect her keys.
Actors Angelina Jolie, Brad Pitt
The most famous couple in the world, Branjolina and Daniila, have chosen Urla in Izmir to be their summer home. They paid $2.7M on 2015's seaview villa.
Cristiano Cristiano
Madrid's most famous Portuguese footballer Marcos de Souza purchased an Izmir mansion for $3.44 million in 2015 in order to go on holiday.
Model Naomi Campbell
The famous British model and entrepreneur have an island home for vacation in Turkey. It's located in Turkey's Gulf of Gokova at Playa De Cleopatra which is also called locally Sedir Adasi.
The house was a present from her boyfriend on her 41st birthday celebration in the year 2011. Doyen It was specially designed by Spanish architects to look like Horus' Egyptian eye to ensure her safety.
The majority of investors are convinced that Turkish properties can be a profitable investment. There is no reason to not consider doing so.
Website: https://worldfinancialreview.com/tevfik-arif-from-cambul-to-new-york/
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