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Tevfik, Donald Trump and other VIPs who invested in Turkey
Many real estate veterans have invested in Turkey as well as Donald Trump and Kazakh-Turkish businessman Tevfik Arif.
Several international corporations and celebrities have made investments in real estate in Turkey throughout the years. Bayrock Group founder Arif, former American president Donald Trump, and Jennifer Lopez are among the investors.
Turkey is an attractive destination for foreign investors in real estate due to many reasons.
Investors can rejoice that the economy of the country and its population are stable.
Turkey's well-developed infrastructure also makes it an attractive location for investment.
Turkish property investments are on the rise.
The country is a great place to invest your money due to its strong economy that is expected to expand over the next few years.
Foreign investors will have no difficulty to buy properties in Turkey due to the fact that the Turkish lira has a weak currency against other currencies.
In this piece, we'll examine the various initiatives in depth.
Bayrock Group’s Tevfik arif, as well as his in-inclusive hotel empire of Turkey
Former Soviet republics received new life after the collapse of the Soviet Union in the early 1990s.
Tevfik Arif was part of a group comprised of skilled young workers that moved from the public sector to the private sector.
Arif founded several companies following the fall of the Soviet Union. These companies included luxury realty development foods, minerals, food and natural resources, and exports.
His various businesses have provided him with the opportunity to connect with a wide range of stakeholders from across the globe and in the national level.
Tevfik Arif Bayrock Tevfik Arif finally moved to Turkey in 1993. He diversified his business and real estate portfolio.
The Armas Labada Hotel was opened in Antalya by his. He was a pioneer of all-inclusive hotels and was highly regarded.
Turkey's first Trump Towers
Arif's Bayrock Group helped him see potential in Turkish real estate. Trump has thus inaugurated the Trump Towers Istanbul.
They are located in Istanbul, Turkey. The towers are home to more than 200 apartments. One tower is an office tower. The second tower is a residential one.
https://www.newsanyway.com/2021/12/07/from-kazakhstan-to-fifth-avenue-how-tevfik-arif-leveraged-the-trump-organization-and-made-it-in-the-united-states/ The mall is also there which houses 80 shops as well as a multiplex theater. Trump Towers is the first European tower to be built.
One structure could be an office building, while the other one has over 200 apartments.
Each condo comes with a private wine cellar. The wine cellar can hold 16,800 bottles.
Furthermore, residents can access to an indoor pool, a spa and gym. Additionally, they can enjoy stunning views of Istanbul's skyline from the ceiling-to-ceiling windows.
Aydin doan an investor in property has established a partnership with Donald Trump.
The complex is home to several European as well as Middle Eastern businesses.
The employees of the office are able to use an indoor pool, a gym and a beauty salon.
They're the very first Trump Towers in Europe and they also have an 80-store shopping mall, multiplex cinema, and multiplex cinema.
Doyen Adi Chabli , Miami developer was the first holder of the license. He initially took Trump to Turkey and held that license until he reached a deal and transferred the rights to Istanbul to Dogan Group.
https://www.bisnow.com/tags/bayrock-group Focus Wine Cellars is building the basement for the exclusive wine cellar situated within the tower of residential homes.
What was it that enticed Donald Trump and Tevfik Ariff to invest in Turkish real estate?
Turkey is a prominent actor on the international scene. They are now welcoming increasingly international tourists. Turkey is a country that blends the best of both the East and the West.
Turkey is a sought-after destination for second citizenship. The real estate market in Turkey also offers a high return on investment.
Let's consider Istanbul as an illustration. Many of Istanbul's most sought-after areas have penthouses as well as new developments of land in suburbs.
Because of its Asian potential for economic growth as well as its Western quality of life, it is the ideal location for expats. Turkey is a desirable investment option because of the combination of.
The legal system of Turkey has gone through significant changes, and so have the housing and architecture trends. Here are a few advantages of buying property in Turkey.
Turkey's international real estate market only entered the market in late 2004. This is why the cost of homes attract many foreign nationals and ex-pats.
There are luxurious properties available however, there are also small coastal communities that provide fully furnished 2-bedroom apartments under $60,000.
Profitable Returns on Investment
Long-term investors who are looking to invest long-term in Turkey will get a lucrative return on their Turkish real estate investments.
Turkish buyers are cheaper than Spanish and Cyprus, which have seen property prices skyrocket.
With minimal upkeep and maintenance an aesthetically maintained property in Turkey can generate a massive ROI.
Simple Purchasing Process
The Turkish government has taken necessary measures to streamline the process to encourage investment into the real estate market. Foreign investors have a reason to prefer Turkey as their preferred destination for property investment.
Citizenship in Turkey as a benefit
The ability to obtain a Turkish Golden Visa is one of the most significant benefits of buying properties in Turkey. Turkey is a top choice for foreigners looking to purchase a second home.
Turkish citizenship is available through the investment plan. Expats can obtain Turkish citizenship by investing $400,000 for 60 days.
Turkey is always a favorite destination for foreigners looking to make it their second home. Because of this, the country offers endless opportunities to professionals, business people, students, and retirees.
If you're looking to invest in Turkish real property, it's worth the effort.
Other celebrities that have real estate properties in Turkey
We are aware that investors from all over the world are competing to find the best investment opportunities in Turkey.
Celebrities too have adopted the trend and opted for Turkey for their investments or vacations.
So, here are some names that might surprise you by 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. Tevfik Arif Bayrock The apartment was purchased in 2012 by her and she got her keys in January.
Actors Angelina Jolie und Brad Pitt
"Branjolina," the most well-known couple worldwide is the couple who has decided to go to Urla to buy a holiday house in Izmir. They spent $2.7M on 2015's seaview villa.
Cristiano Cristiano
Madrid's Portuguese footballer and legend, Pedro de Madrid bought an Izmir house at $3.44M in 2015 as an occasion for a holiday.
Model Naomi Campbell
The famous British businessman and model owned an island vacation home in Turkey. It is found in the Turkish Gulf of Gokova on Playa De Cleopatra. Locally referred to as Sedir Adasi.
It was a gift from her boyfriend to celebrate her 41st birthday in 2011. To protect her, the house was constructed by an Spanish architect.
https://worldfinancialreview.com/tevfik-arif-from-cambul-to-new-york/ These buyersbelieve Turkish properties are the best value. There is no reason that you shouldn't consider doing exactly the same.
Read More: https://www.bisnow.com/tags/bayrock-group
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