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Tevfik, Donald Trump and other VIPs who invested in Turkey
Numerous prominent real estate investors have invested in Turkey, including Donald Trump.
Over the years, several big names as well as multinational corporations have invested in the real estate market of Turkey. Arif from the Bayrock Group is the founder. Jennifer Lopez and former American President Donald Trump are also among the investors.
Turkey is a popular destination for foreign real estate investors from many reasons.
Investors can be confident that the economy of this country is stable and that it is expanding.
Turkey also provides excellent opportunities for investment due to its extensive infrastructure.
Turkish property investment is on the rise.
The country is a fantastic location to invest your money due to its strong economy that is expected to grow in the coming years.
Furthermore to that, the Turkish Lira is less than the other currencies, making the cost of property affordable for foreign investors.
In this article we'll be looking at some of these concepts in more depth.
Bayrock Group's Tevfik Arif and his hotel empire that is all-inclusive in Turkey
The Soviet Union fell in the early 90s. The former Soviet republics were brought to a new location.
Tevfik Arif was part of a group of skilled young workers that moved from the public sector to the private sector.
Arif established several companies following the collapse of the Soviet Union fell. These included luxury real estate development foods, minerals, food and natural resources, in addition to exports.
Through his various companies and ventures, he was able build a strong group of stakeholders that spans both national as well as internationally.
Tevfik relocated to Turkey in 1993. He then expanded his business and realty portfolio.
The Armas Labada Hotel was opened in Antalya by the owner. He became a pioneer for the concept of all-inclusive hotels.
Turkey's First Trump Towers
Arif's Bayrock Group was also a crucial partner in his vision for Turkish real property. Trump therefore opened Trump Towers Istanbul.
Two towers are linked in Istanbul, Turkey. Two towers house over 200 units, one of which is an office tower while the other being a residential tower.
There is also a shopping centre with more than 80 stores as well as multiplex cinemas. The Trump Towers were the first structures to be constructed on the European continent.
One of the buildings could be an office tower while the other one has more than 200 apartments.
Each condo has its individual wine cellar. The wine cellar is able to hold 16,800 bottles.
Residents have access to an indoor pool as well as a spa. https://www.dwell.com/collection/tevfik-arif-theguardian.com-57fba550 The residents also have an incredible view of Istanbul's skyline through the high-rise windows.
Aydin Donan is a property developer who is in a partnership agreement with Donald Trump.
The complex is home to many Middle Eastern and European companies.
The employees of the office have access to an indoor swimming pool, a gym and beauty salon.
The towers aren't only the first Trump Towers to be built in Europe They also have the world's largest mall with 80 stores as well as multiplex cinemas.
Tevfik Arif The licensee who originally held the rights was Miami developer Adi Chabli.He initially brought Trump to Turkey and held the license before negotiating and transferring the rights Istanbul and the Dogan Group.
The tower's residential section includes the sole collective wine cellar in Turkey The basement is being built by Focus Wine Cellars.
What was it that enticed Donald Trump and Tevfik Ariff to invest in Turkish real property?
Turkey is a major player on the global stage, welcoming more and more foreigners. Turkey has both the East-West balance and the most favorable of both.
Turkey isn't just a popular place to obtain second citizenship but also offers an impressive return on your investment.
Let's look at Istanbul as an example. A lot of Istanbul's most sought-after areas are home to penthouses aswell as new land developments in its suburbs.
Ex-pats love Turkey's Asian economic potential as well as Western quality of life. This creates Turkey an ideal investment opportunity.
Tevfik Arif Donuld Trump The legal system in Turkey, as well as housing and architecture trends have been through many changes. tevfik arif, bayrock These are only a few of the many advantages of buying real estate in Turkey.
Turkey's international real estate market was only introduced in late 2004. The cost of houses attract large numbers of foreigners and expats.
There are luxurious properties available However, there are also smaller coastal communities that provide fully furnished 2-bedroom apartments under $60,000.
Profitable Return on the investment
The Turkish property market is characterized by a high ROI for long-term investors looking for long-term investments.
Turkish buyers enjoy lower property costs in comparison to Spain and Cyprus two countries in which the prices of property are at an all-time high.
Turkey is one of the countries that could provide a huge return on investment requiring minimal maintenance.
A Simple Buying Process
The government has taken steps to ease the process for investors to invest in the property market. This is the reason Turkey is the most suitable option to invest in property.
Citizenship in Turkey as an added benefit
One of the biggest benefits of purchasing property in Turkey is a Turkish Golden Visa. Many foreigners opt to choose Turkey as their second home because of this.
Expats are able to obtain Turkish citizenship by investing in a scheme after they invest $400,000 in 60 days.
Foreigners have always thought of Turkey as a great second-home destination. This is the reason Turkey offers many opportunities for students, professionals and retirees.
If you are interested to invest in Turkish property, it's worthwhile.
Other stars that own real property in Turkey
We know from experience that investors across the globe are trying to find the best Turkey investment opportunities.
Celebrities are also following the trend, choosing Turkey for investments or vacations.
The big names will be sure to amaze you with their incredible homes in Turkey.
Singer, actress, and dancerJennifer Lopez
The American actress and singer chose to purchase an apartment that has Bosporusview located in Atasehir (Atasehir) in Asian Istanbul. The apartment was purchased in 2012 by her and she received her keys last January.
Actors Angelina Jolie and Brad Pitt
The world's most famous couple, "Branjolina," has selected Urla in Izmir to provide them with an Izmir vacation home. They spent $2.7M on their sea view villa in 2015.
Footballer Cristiano Ronaldo
Madrid's Portuguese footballer and legend, Pedro de Madrid, purchased a Izmir residence for $3.44M in 2015 for an occasion for a holiday.
Model Naomi Campbell
The famous British model and entrepreneur owns an island house located in Turkey. It is located in Turkey's Gulf of Gokova.
The property was given to her by her boyfriend to mark her 41st birthday in the year 2011. The Spanish architect created it to look like the Egyptian eye and shield her.
Tevfik Arif Bayrock The buyersbelieve Turkish properties are an excellent investment. There is no barrier to doing so.
My Website: https://www.instagram.com/erkantevfikarif/
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