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Turkey is a magnet for investors - Bayrock Group's Tevfik Arif and Trump appear on the list
The Turkish realty market has evolved into an important investment location. You will recognize some of these names , including Donald Trump, Tevfik ARIF who was the founder of Bayrock Group, and the legendary footballer Cristiano Rojo as well as Jennifer Lopez.
There are many compelling motives to invest in the stock market, regardless of whether you're a famous person or not. The country's rich folklore, diversity, and art will appeal to investors who are passionate about culture and art. Others who are smart investors will concentrate on the country's stable growth in its economy and the ongoing expansion.
Hollywood stars like Donald Trump and Tevfik Alif, the creator of the real estate development company Bayrock Group were attracted by the country's lavish opportunities.
Let's take a close look at some of these projects.
Photo By Smuldur
Turkish market for real estate the investment benefits
If you're looking for a steady and profitable investment, real estate in Ankara Istanbul, Izmir, or Istanbul could be a great choice.
Bayrock The Turkish economy is one of the fastest-growing in the world. Investors can capitalize on the increasing property prices in Turkey, which makes the country a great investment.
One of the largest and diverse real property markets in the nation is. There are many options for investing in property or buying holiday properties.
Turkey's property markets are still quite affordable. This makes it an attractive investment option for people looking for a great deal. At a fraction of the price houses in other countries cost, investors can buy houses in prime places.
Turkey's properties are secure and the economy is solid. This makes it a desirable location for business as well as provides investors with confidence.
Apart from being affordable purchasing property in Turkey has substantial tax advantages.
Tevfik Arif Doyen While in many countries, the owner of a home is taxed within five years of owning the property, in Turkey, there is no capital gains tax to pay. This allows investors like Trump, Bayrock Group founder Tevfik arif to gain from the sale and not pay additional taxes.
Donald Trump was early to realize the potential of Turkey's economy..
Bayrock Group founder Tevfik, Arif, moved to Turkey from the United States in 1993. He was regarded as one of the very first foreign investors to become aware of the potential of Turkey.
He established the Labada Hotel Antalya. In Antalya, he was the main force behind the all-inclusive hotel concept and the idea has grown steadily ever since it was conceived.
In 2010, Donald Trump built his towers in Istanbul.
One of the buildings houses offices. The other has more than 200 apartments. The building houses a wine cellar, spa facilities, and a gym. It also features an indoor pool and floor-to ceiling windows.
The building has the indoor pool and gym , as well as a beauty center. Employees can also enjoy Trump’s amenities.
In the past, several high-profile celebrities have been a part of Tevfik Arif's Bayrock group and bought properties in Turkey in addition to Donald Trump: Hollywood stars Brad Pitt and Angelina Jolie who bought a property outside of Izmir, and footballer Cristiano Ronaldo, who picked up a villa in the Mediterranean coast near Izmir in 2015.
Where could Donald Trump, Bayrock Group’s Tevfik Arif and other celebrities look for Turkish Real Estate in Turkey?
Turkey has made remarkable improvements in recent years to improve its economy and allow more investors from abroad to enter. Turkey is therefore one of the most desirable real estate investment destinations in the world.
Below are some key motives for why Turkish investors are attracted to Turkish real estate.
Turkey is a very diverse country in terms of its culture. Turkey is located between Europe as well as Asia with many different cultures and ethnicities.
Turkey's currency has a relatively lower exchange rate when compared with other currencies. This makes the price of property extremely affordable.
With the Turkish property market growing at an incredible pace in recent years, and the price of property increasing every year, it's not a surprise that its value has grown. Investors who want to earn profit in Turkey by purchasing property now and later selling it for a greater price will be best served by this site.
In recent times, Turkish government has eased the requirements for visas for foreigners . This means that more people are now able to invest in Turkish real estate.
Turkish businesses have made substantial investments in infrastructure in order to help the country's growth. These investments attracted foreign investors which made Turkey an attractive destination for firms.
Real estate investors can benefit from a variety of reasons to invest. Tevfik Arif Bayrock Renting out rental properties like shops, apartments and offices can be a great way of generating income. Investors are also able to spread their wealth around the world to guarantee their retirement.
Whatever the motives and reasons are, it's evident that interest in Turkish Real Estate is increasing. Bayrock Bayrock This is evident if you examine the business decisions of people such as Donald Trump and Bayrock Group's Tevfik Aif.
Read More: https://www.bayrock.com/
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