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Turkish real property is an enticement for foreign investors.
Tevfik Bayrock Group founder Tevfik Amir and Donald Trump were among those attracted to the nation at the border between Europe as well as Asia.
Turkey has made a significant effort over the past few years to attract foreign investors. Turkey's investment properties have been highlighted by locations like Istanbul, Bodrum, Kalkan and Fethiye.
Turkey being one of the most popular tourist destinations in the world is among the primary motives, but there are several more. Tevfik Arif is a seasoned real estate entrepreneur and it's Donald Trump. Let's look at what led them opt for the Turkish location for their investment.
Tevfik Arif Doyen Bayrock Group's Tevfik Ariff was one of the pioneers in Turkish real estate investment
In the 1990s' early years following the Soviet Union was disintegrated, the former Soviet republics were introduced to an entirely new world.
Tevfik Arif moved from the public sector to the private sector as a response to a flood of young, skilled workers.
Arif created a number of companies following the collapse of the Soviet Union. These companies dealt with luxury real estate development in addition to food and minerals, natural resources, imports and exports.
His many businesses allowed him to have a large international and national users.
Tevfik Arif eventually was successfully able to utilize this network to relocate to Turkey in 1993. He also extended his real estate and business portfolio.
The lavish Armas Labada Hotel was inaugurated in Antalya. He quickly rose to prominence within the hotel industry that was all inclusive.
All that was accomplished before he created his own successful real estate firm Bayrock Group.
Donald Trump embraced the trend of investing in real property in Turkey
In collaboration with Arif's Bayrock Group, Donald Trump was also aware of the potential in Turkish real estate. In 2010 Trump inaugurated the Trump Towers Istanbul.
There are two towers that are conjoined in Sisli, Istanbul, Turkey. One tower is an office building, while the other one is a residential one with over 200 residences.
The complex also has an outlet mall with more than 80 shops and multiplex cinemas. These are the very first Trump Towers built in Europe.
Donald Trump, an American businessman, has an agreement to license Aydin Dogan who is who is a Turkish billionaire developer of properties.
Erdogan was even present at the event in April 2012. His daughter Ivanka also attended. The complex houses many companies that are located in Europe or in the Middle East.
The first licensee was Miami developer Adi Chabli. He had brought Trump to Turkey initially , and retained the license until he reached a deal and transferred the rights to Istanbul and the Dogan Group.
The residential tower is home to the sole collective wine cellar in Turkey The basement is being constructed by Focus Wine Cellars.
Reza Zarrab is a businessman from Iran, and is among the most prominent tenants of these buildings.
Other celebrities that own real estate in Turkey
Today, we are all aware that Turkey is a hot investment location for investors from all over the world.
Many celebrities have been following this trend, opting for Turkey as a country to invest in investments or for holidays.
Tevfik Arif Bayrock These top names are certain to be awestruck by their stunning properties in Turkey.
Jennifer Lopez
Making an investment in a Bosporus view property in Atasehir in Asian Istanbul was the choice of the US actor and singer. She bought the apartment in 2012 and returned to receive her keys last year.
Tevfik Arif Bayrock Angelina Jolie, and Brad Pitt
"Branjolina" the world's most famous couple has selected Urla in Izmir as their holiday home. They shelled out $2.7M in 2015 for the sea-view house.
Cristiano Ronaldo
Madrid's most well-known Portuguese footballer Marcos de Souza purchased an Izmir mansion for $3.44 million in 2015 in order to go on holiday.
Naomi Campbell
The well-known British model and entrepreneur, owns an island holiday home in Turkey. It is located in Turkey's Gulf of Gokova at Playa De Cleopatra, also called locally Sedir Adasi.
The property was a present from her boyfriend on her birthday, which was in 2011. Tevfik Arif Doyen The house was specially made by an Spanish architect, to be designed to resemble the Egyptian eye of Horus to shield her.
What draws Tevfik Arif, Donald Trump, and others to invest in Turkish real estate
Turkey is a major player on the international scene and continues to be a welcoming place for foreigners. Turkey has the best of both worlds in its position as a nation between the East and the West.
Besides being a popular place to obtain a second citizenship, Turkey's real estate market is a great way to earn a decent return on investment.
Let's take Istanbul as an example. A few of Istanbul's most desired areas are home to penthouses, and there are new land developments in the suburbs.
Ex-pats love it for its Asian economic potential and its 'Western' standard of living. These two elements are what make Turkey an excellent investment option.
The legal systems as well as the architectural and housing developments in the construction of new buildings in Turkey have undergone many modifications. These are just a few of the benefits of buying a property in Turkey:
Housing isn't expensive compared to other Countries
The Turkish real estate market was a bit behind in the international market. This is why the homes are appealing to many expatriates as well as foreign citizens.
The luxury properties are easily accessible. But, furnished 2-bedroom apartments in small coastal towns are available starting at $60,000.
Lucrative ROI
The Turkish real estate market is a lucrative source of income that is attractive to investors with a long-term view who are seeking long-term investments.
Bayrock Turkish buyers enjoy a distinct advantage over Spain and Cyprus where the cost of property has soared, as they have lower prices.
The property market in Turkey can provide an impressive return on investment , with minimal maintenance.
An Enhanced Buying Process
The government has taken necessary measures to streamline the process to encourage investment into the real property market. This is why foreigners decide to choose Turkey as a destination for real estate investment.
Getting Turkish Nationality
The Turkish passport is one the greatest advantages to purchasing properties in Turkey. A lot of foreigners select Turkey as their second residence due to this.
Turkish citizenship via an investment scheme: Foreigners can gain Turkish citizenship by investing $400,000 in less than 60-day time.
Turkey is always a popular destination for foreigners looking to make their second home. Turkey offers many opportunities for students, professionals or retirees as well as business people.
If you're looking to invest in Turkish real estate, it's certainly worth it.
Read More: https://www.facebook.com/pages/category/Community/Tevfik-Arif-Doyen-1749208025097781/
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