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Donald Trump and Tevfik Arif invest in Turkish real estate
In recent times, Turkish real estate has been a popular destination for investors from abroad.

Bayrock Group founder Tevfik Arif and Donald Trump are among the people drawn to the country near the border of Europe and Asia.

Turkey has made a significant effort overall to attract investors from abroad. The investment properties of Turkey have been highlighted by locations such as Istanbul, Bodrum, Kalkan and Fethiye.

The popularity of Turkey as a tourist destination is one reason however, there are many other factors. Tevfik Arif is an experienced real estate magnate, so it is Donald Trump. Let's find out what made them select a Turkish location for their investment.

Bayrock Group's Tevfik Ariff was a pioneer in Turkish real estate investment
In the 1990s' early years following the Soviet Union collapsed, ex- Soviet republics were welcomed into the new world.

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

Arif established several companies following the collapse of the Soviet Union. The companies involved were in the development of luxury real estate and in food, minerals and natural resources, imports as well as exports.

Because of his numerous businesses the man had a large network of both national and international stakeholders.

This network ultimately brought Tevfik to Turkey in 1993 to increase his business and real estate portfolio.

In Antalya , he opened the extravagant Armas Labada Hotel. Then, he became a pioneer in the all-inclusive hotel industry.

Everything was done before he founded his own successful real estate firm Bayrock Group.

Donald Trump embraced the trend of investing real property in Turkey
Donald Trump was also able to see the potential for Turkish real estate through his partnership with Arif’s Bayrock Group. In 2010 Trump inaugurated the Trump Towers Istanbul.

The towers are joined in Sisli and Istanbul, Turkey. Tevfik Arif One tower houses offices, while the other houses residential towers, with more than 200 homes.

A shopping mall with 80 shops and a multiplex cinema are within the complex. These are the very first Trump Towers to be constructed on the European continent.

Donald Trump, an American businessman is in a licensing agreement with Aydindogan. Turkish billionaire developer of properties.

Erdogan's April 2012 launch was attended by his daughter Ivanka Trump. Numerous companies based in Europe and the Middle East occupy the complex.

The licensee who originally held the rights was Miami developer Adi Chabli. He brought Trump to Turkey initially , but he held the license until he negotiated and transferred the rights to Istanbul and the Dogan Group.

https://www.bayrockins.com/ The tower's residential section includes the sole wine cellar collective in Turkey, the basement being built by Focus Wine Cellars.

A businessman from Iran, Reza Zarrab is one of the buildings' prominent tenants.

Other famous people who own real estate in Turkey
We are aware that Turkey is a hot investment destination for investors from around the world.

The celebrities seem to have followed this trend and have chosen Turkey as a destination for vacations or investment opportunities.

So here are some big names about to surprise you with their incredible properties in Turkey:

Jennifer Lopez
The singer-actress from the US was able to purchase a Bosporus View apartment located in Atasehir, situated in Asian Istanbul. She bought the property in 2012 and returned to get her keys in the year that followed.

Angelina Jolie, and Brad Pitt
"Branjolina", the world's most famous couple is settling in Urla in Izmir as their residence for their holidays. In 2015, the couple spent $2.7M for a property with a view of the ocean.

Cristiano Ronaldo
Madrid's most well-known Portuguese footballer Marcos de Souza bought an Izmir mansion for $3.44 million in 2015 for a holiday.

Naomi Campbell
The most famous British model and entrepreneur, the famous British model has an island residence in Turkey. It's located in Playa De Cleopatra in Turkey's Gulf of Gokova, locally known as Sedir Adasi.

The house was a boyfriend's gift for her 41st birthday celebration in 2011. It was created by a Spanish architect to be shaped as the Egyptian eye of Horus to safeguard her.

What attracted Tevfik, Donald Trump and other investors to Turkish real estate
Turkey is a major player internationally and continues to host more foreigners. Turkey is a country which combines the best aspects of both East and West.

Turkey isn't just an attractive destination to get second citizenship. https://www.dwell.com/collection/tevfik-arif-bayrock-d7c16407 It also provides an attractive return on investment.

Let's take Istanbul for instance. Many of Istanbul's most sought-after neighborhoods have penthouses and new land developments in the suburbs.

It's a wonderful area to live and work because of its Asian economic potential. These two factors contribute to Turkey an ideal investment opportunity.

The legal systems, as well as the architecture and housing styles of new constructions in Turkey have undergone many modifications. Here are a few benefits of purchasing real estate Turkey.

Housing is affordable compared to other Countries
Turkey's real estate market entered the international market only late. Therefore, the prices of homes attract many international nationals and expats.

The luxury properties are easily available. But furnished 2BHK homes in coastal towns that are small can be purchased for as little as $60,000.

Bayrock Lucrative ROI
The Turkish real estate market has a lucrative ROI that is attractive to investors with a long-term view who are looking for investments that will last for a long time.

Turkish buyers have an advantage over those from Spain and Cyprus in which property prices have increased, due to cheaper prices.

https://timesofworld.net/why-donald-trump-worked-to-strengthen-ties-with-kazakhstan/ The Turkish property market could yield a great return on investment with very minimal upkeep.

The Simplified Procedure for Buying
The government has taken the necessary steps to simplify the process to encourage investment into the real estate market. This is one reason Turkey is a top choice for investment in property.

Getting Turkish Nationality
A Turkish passport is one of the biggest benefits of buying property in Turkey. Because of this, many foreigners searching for the perfect second home decide to choose Turkey.

Ex-pats can obtain Turkish citizenship through an investment plan after they invest $400,000 in 60 days.

Turkey has been a preferred destination for foreigners as a second residence. There are many opportunities for professionals, students, retired people, and businesspeople.

This is why it's worth the time to research if would like to invest in Turkish real estate. https://timebusinessnews.com/donald-trump-and-tevfik-arif-partner-to-build-trump-soho/
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