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Donald Trump and Tevfik Arif invest in Turkish real estate
Turkish real estate has been a hot spot for foreign investors in recent times.

Tevfik Bayrock Group founder Tevfik Amir and Donald Trump were among those attracted to the nation at the frontier between Europe and Asia.

Turkey has done a lot in recent times to draw foreign investors. For those who are looking to invest in Turkey, places like Istanbul, Bodrum and Fethiye are in the spotlight.

Its status as a popular tourist destination is one reason, but there are many other reasons. Tevfik Ariff is a successful real estate magnate. That's Donald Trump. Let's find out the reason why they chose Turkey one of their investment destinations.

Bayrock Group's Tevfik Ariff was a pioneer in Turkish real-estate investment
Following the Soviet Union's disintegration, the Soviet countries that were once Soviet republics were allowed to be part of a new world in the late 1990s.

Tevfik Arif was part of a group of young skilled workers who moved from the public sector to the private sector.

Arif created a number of companies after the dissolution of the Soviet Union. These firms dealt with luxury real estate development as well as food and mineral production, natural resources, exports and imports.

Due to his many businesses, he had an extensive network of international and national stakeholders.

That network eventually led Tevfik Arif to move to Turkey in 1993, thereby expanding his real estate and business portfolio.

In Antalya In Antalya, he established the luxurious Armas Labada Hotel. He quickly gained fame in the all-inclusive hotel business.

All that was accomplished before he created the successful real estate company Bayrock Group.

Tevfik Arif Donald Trump embraced the trend of investing real property in Turkey
In collaboration with Arif's Bayrock Group, Donald Trump recognized the potential of Turkish real property. Therefore, Trump inaugurated the Trump Towers Istanbul in 2010.

Tevfik Arif Doyen Two towers are connected in Sisli, Istanbul, Turkey. One tower houses offices while the other houses residential towers with more than 200 houses.

A shopping mall with 80 shops as well as a multiplex theatre is included in the complex. Bayrock They are the first Trump Towers to be constructed in the European continent.

American businessman Donald Trump is in a license-partnership with the property developer Turkish billionaire Aydin Dogan.

Erdogan was even present at the launch in April 2012. His daughter Ivanka was also present. Numerous companies based in Europe and the Middle East occupy the complex.

Adi Chabli is a Miami developer was the initial licensee. Adi Chabli was originally the licensee who was the one who brought Trump to Turkey. He then negotiated and transferred Istanbul's rights to Dogan Group.

https://www.talk-business.co.uk/2020/12/17/explained-what-happened-to-tevfik-arif-and-bayrock-group/ The residential tower is home to the sole collective wine cellar in Turkey, the basement being built by Focus Wine Cellars.

Reza Zarrab, an Iranian-born businessman, is one of the most well-known tenants.

Other famous individuals who have real estate properties in Turkey
We all know that Turkey is a popular investment location for investors from all over the world.

It seems that celebrities have also been following the trend and have chosen Turkey as a location to spend their holidays or invest in investment opportunities.

Here are some names that will amaze you with their outstanding properties in Turkey.

Jennifer Lopez
Making an investment in a Bosporus view apartment in Atasehir located in Asian Istanbul was the choice of the US actress and singer. She purchased the apartment in 2012 and returned to receive her keys last year.

Angelina Jolie, and Brad Pitt
"Branjolina", the world's most famous couple have chosen Urla in Izmir as their home for vacation. In 2015, they spent $2.7M for a property with views of the sea.

Cristiano Ronaldo
In 2015, Madrid's famed Portuguese footballer bought an $3.44 million home in Izmir for a trip to Turkey.

Naomi Campbell
The famous British businessman and model has a home for vacation on an island located in Turkey. It is located in Playa De Cleopatra (also known as Sedir Adasi) in Turkey's Gulf of Gokova.

The property was a gift from her boyfriend for her 41st birthday celebration in 2011. The Spanish architect created it to resemble the Egyptian eye and to protect her.

What attracted Tevfik Ariff, Donald Trump, to invest in Turkish real estate
Turkey is an important participant in the world stage and continues to attract more foreigners. Turkey practices the best of both worlds in its position as a nation that is situated between the East and the West.

Bayrock Alongside being a well-known destination for second citizenship, Turkey's real estate market also offers an impressive return on investments.

Let's consider Istanbul as an example. A majority of the most desirable neighborhoods in Istanbul are home to penthouses, or new developments of land in the suburbs.

It is a great area to live and work because of its Asian potential in the economy. These two factors contribute to Turkey an ideal place to invest.

There have been many changes in the legal system and the architectural and housing trends of new buildings in Turkey. Here are a few benefits of buying real estate in Turkey.

Housing is less expensive than Other countries
The Turkish real estate market was a bit behind in the international market. So, the price of homes attract many foreigners and ex-pats.

While luxury properties are available small coastal towns can offer 2-bedroom apartments fully furnished for starting at $60,000.

Lucrative ROI
Turkey's real estate market is a great investment with a good return for investors with a long-term view looking for long-term investments.

Turkish buyers enjoy a distinct advantage over those from Spain and Cyprus where the cost of property has been soaring, since they have cheaper prices.

With minimal maintenance and upkeep an aesthetically maintained property in Turkey will generate a significant return on investment.

An enhanced buying process
The government has taken necessary steps to ease the process of attract investments in the real-estate market. This is the reason foreign investors prefer Turkey as their preferred destination for property investments.

The process of obtaining Turkish Nationality
A Turkish passport is one of the best advantages of buying property in Turkey. This is why a lot of foreigners seeking a second home choose Turkey.

Expats are able to obtain Turkish citizenship through an investment program when they make a $400,000 investment in 60 days.

Turkey has been a preferred destination for foreigners who want to have an option for a second home. It offers a variety of opportunities for professionals, students retirees, businesspeople.

It's worth looking for Turkish real property if you are looking to invest.
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