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Tevfik, Donald Trump and other VIPs who invested in Turkey
Many of the top real estate investors have made investments in Turkey, including Donald Trump and Kazakh-Turkish businessman Tevfik Arif.
In the past, numerous celebrities and corporations have invested in Turkey real estate. Arif (founder of Bayrock Group), and Jennifer Lopez, former American president Donald Trump are among the investors.
Turkey is an attractive destination for foreign investors in real estate due to a variety of reasons.
Investors are encouraged by the steady growth of the economy and growth in population.
Turkey is also a great opportunities for investment because of the well-developed infrastructure.
Turkish property markets are flourishing. Numerous opportunities are available for investors to invest in commercial and residential properties.
It is a great country to invest money in because of its robust economy expected to grow in the future.
Foreign investors will have no difficulty to purchase property in Turkey because the Turkish lire is a weak currency against other currencies.
In this piece, we'll examine the various initiatives in depth.
Bayrock Group's Tevfik Aif, as well as his all-inclusive hotel empire,
Following the Soviet Union disintegrated in the early 1990s, the former Soviet republics were welcomed into a new world.
As part of a wave of young skilled workers, Tevfik Arif transitioned from the public to the private sector.
Following the Soviet Union collapse, Arif established several businesses. These businesses dealt with luxury real estate development as well as food, minerals, natural resources, imports, and exports.
As a result of his many enterprises, he had an extensive network of both international and national stakeholders.
Tevfik moved to Turkey in 1993 and expanded his business and realty portfolio.
Bayrock He launched the lavish Armas Labada Hotel in Antalya. He quickly became a pioneer of all-inclusive hotels.
The first Turkish Trump Towers in Europe
His partnership with Arif's Bayrock Group also showed him the potential of Turkish real estate. So, Trump opened the Trump Towers Istanbul.
They are situated in Istanbul (Turkey) They are located in Istanbul (Turkey) and they are conjoined towers. Two towers contain more than 200 apartments, with one being an office tower and one being a residential tower.
The complex also contains an outlet mall that has 80 stores and a multiplex cinema. The Trump Towers are among the first buildings constructed in Europe.
While one is an office building, the second includes more than 200 apartments.
Each apartment has its own individual wine cellar. The wine cellar is able to hold 16800 bottles.
Additionally, residents have access to an indoor pool spa, and a gym. From the floors-to-ceiling windows, residents can enjoy stunning views of Istanbul's skyline.
Aydin Donan, a property developer is part of a partnership agreement with Donald Trump.
The complex is home many Middle Eastern and European companies.
The employees of the office can use an indoor pool, a gym , and an aesthetic salon.
They're the first Trump Towers in Europe and also have an 80-store mall, multiplex cinema and multiplex cinema.
Adi Chabli , Miami developer was the initial owner of the license. He first brought Trump to Turkey and held that license until he was able to negotiate and transferred rights to Istanbul to Dogan Group.
Focus Wine Cellars is building the cellar's basement to house the exclusive wine cellar located in the residential tower.
What is it that draws Tevfik Arif, Donald Trump, and others to invest in Turkish real property
Turkey is a significant player on the global scene. They are now welcoming increasingly international tourists. Turkey as a nation that combines both the East and West has the best of both.
Turkey is not just a preferred destination for obtaining second citizenship but also offers an attractive return on investment.
Let's take Istanbul as an example. The majority of the sought-after neighborhoods in Istanbul have penthouses as well as new land developments in suburbs.
Expats have found it to be a wonderful area to live in due to its Asian potential and Western-style life. Turkey is an investment opportunity because of this combination.
The legal system of Turkey along with architectural and housing trends have witnessed numerous changes. Here are some advantages of buying real estate in Turkey.
The Turkish real estate market was late to the international marketplace. Foreigners and expats are attracted to the rising prices for homes.
There are luxury properties available. But, there are apartments that are 2-bedrooms in small coastal towns that are furnished at less than $60,000.
Profitable Return of Investment
The real estate market in Turkey offers a good ROI for investors who are looking for long-term investment opportunities.
https://www.facebook.com/Tevfik-Arif-1914745745445104/ Turkish buyers enjoy a distinct advantage over Spain and Cyprus in that their property prices have skyrocketed.
With minimal upkeep and maintenance, well-maintained property in Turkey will yield a huge return on investment.
Tevfik Arif Bayrock Easy buying Procedure
The Turkish government has taken the appropriate measures to ease the process of attracting investors into the real estate market. This is the reason why foreign investors decide to choose Turkey as their destination for investment in property.
Turkish Citizenship as an Additional
A Turkish Golden Visa is one advantages of buying properties in Turkey. Turkey is a top choice for foreigners looking to buy a second house.
Turkish citizenship is available through the investment scheme. Ex-pats can get Turkish citizenship after investing $400,000 for 60 days.
Turkey is always a favorite destination for foreigners as a second home. Turkey has many opportunities for students, professionals, retirees, and businesspeople.
Therefore, it's worth looking into if are considering investing in Turkish real property.
Other famous people who own real estate in Turkey
We are aware that investors all over the globe are competing to get the best Turkey investments.
Doyen Celebrities have also adopted the trend and opted for Turkey as a place to invest or for vacations.
So, here are some names that might surprise you by their remarkable property in Turkey.
Actress, singer, and dancerJennifer López
Amy Schumer, a singer and actress from America, decided to invest her funds in Atasehir's Bosporus view apartment. She purchased the apartment in 2012, and then returned to receive her keys last year.
Actors Angelina Jolie, Brad Pitt
The most famous couple in the world, "Branjolina," has decided to stay in Urla in Izmir to provide them with an Izmir vacation home. They shelled out $2.7M on their 2015 sea view villa.
Cristiano Ronaldo is a soccer player.
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.
https://www.crunchbase.com/person/tevfik-arif Model Naomi Campbell
The famous British businessman and model owned an island home for vacation in Turkey. It's located in Turkey's Gulf of Gokova at Playa De Cleopatra which is also known locally as Sedir Adasi.
The property was presented to her by her boyfriend for her 41st year anniversary. BayrockTevfik Arif It was created by an Spanish architect to be shaped in the shape of the Egyptian eye of Horus to guard her.
This impressive investorsbelieve Turkish properties are a great idea. There are no barriers to doing so.
Bayrock
Website: https://www.instagram.com/erkantevfikarif/
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