Tevfik Aif and Donald Trump: VIPs who invested in Turkey
Tevfik Arif and other VIPs, including Donald Trump who have invested in Turkey
Many of the top real estate investors have invested in Turkey as well as Donald Trump and Kazakh-Turkish businessman Tevfik Arif.
Through the years, many celebrities and multinational corporations have invested in the Turkish market for property. Arif of the Bayrock Group is the founder. Jennifer Lopez and former American President Donald Trump are also among the investors.
Turkey is an attractive destination for foreign investors in real estate for various reasons.
Investors can rest assured that the economic situation of the country is in a stable state and it is expanding.
The well-developed infrastructure in Turkey also makes it an attractive destination for investment.
Turkish property markets are flourishing. Numerous opportunities are available for investors to purchase residential and commercial properties.
The country is an excellent spot to invest your funds because its economic growth is expected to continue in the years to come.
A weak Turkish lira against other currencies means that property prices are more accessible to foreign investors.
In this article, we'll look at some of these ideas in more detail.
Bayrock Group's Tevfik Arif and his hotel empire that is all-inclusive in Turkey
The former Soviet republics were able to join the new world after the Soviet Union collapsed in the 1990s.
In the context of a wave of young, skilled workers, Tevfik Arif transitioned from the public sector to the private sector.
Following the Soviet Union collapse, Arif established several businesses. These firms were involved in luxury real estate development and also food minerals, natural resource, imports, as well exports.
In the course of his various companies it was possible to establish a large network of national and international stakeholder.
Tevfik Alif eventually moved to Turkey for his business and real property portfolio in 1993.
He opened the Armas Labada Hotel Antalya. He was the first to pioneer all-inclusive hotels, and became extremely popular.
Europe's first Trump Towers in Turkey
He also saw the potential of Turkish real estate, thanks to his partnership with Arif's Bayrock Group. Trump thus opened the Trump Towers Istanbul.
Two towers are connected in Istanbul, Turkey. Over 200 apartments are in two towers. One tower is an office tower and the other a residential tower.
The complex also contains a shopping mall with 80 shops as well as a multiplex cinema. The Trump Towers were the first buildings to be constructed in the European continent.
One structure could be an office tower , while the other has more than 200 apartments.
Each condo is equipped with the option of a wine cellar in private. It is possible to store up to 16,800 bottles in the wine cellar.
In addition, residents have access to an indoor pool, spa, and a fitness center. Additionally, they can enjoy an amazing view of Istanbul's skyline via high-level windows.
Aydin is a property developer has formed a partnership to work together with Donald Trump.
The complex is home to numerous European as well as Middle Eastern businesses.
Workers at the office have access to an indoor pool, a gym, as well as an exercise and beauty salon.
Apart from being the first Trump Towers built in Europe The towers also include an eighty-store mall for shopping and a multiplex cinema.
Adi Chabli , a Miami developer, was the first licensee. After bringing Trump to Turkey and securing the license. He then was able to negotiate and transfer the rights to Istanbul.
The tower's residential section includes the only wine cellar that is collectively owned in Turkey and the basement was built by Focus Wine Cellars.
What draws Donald Trump, Tevfik Arif and other investors to Turkish real-estate?
Turkey has grown into a major actor in the world arena, and is welcoming more foreigners. Turkey is both a nation of the East as well as the West and offers the greatest mix of both.
Turkey is a popular country for second citizenship. Bayrock However the property market in Turkey provides substantial yields on investments.
Let's use Istanbul as an instance. Many of the most desirable neighborhoods in Istanbul are home to penthouses, or new land developments in the suburbs.
It's an ideal place to live and work for expats due to its Asian economic potential, Western-style quality of living and great geographical location. Turkey is an excellent investment opportunity because of this combination.
The legal system in Turkey, as well as architectural and housing trends have been through numerous modifications. Here are some advantages to buying real estate Turkey.
The international real estate market in Turkey began to emerge in the latter part of 2004. This is why homes are popular with expatriates as well as foreign nationals.
tevfik arif & donuld trump There are luxury properties accessible, but small coastal towns offer fully furnished apartments with 2 bedrooms priced at less than $60,000.
Profitable Return of Investment
The property market in Turkey has an excellent ROI for investors who are looking to invest for the long term.
tevfik arif & donuld trump Turkish buyers have the benefit of purchasing at lower prices than Spaniards and Cyprus where the cost of property has increased.
With minimal maintenance and upkeep A well-maintained home in Turkey will yield a huge return on investment.
Simple Purchase Method
The government has taken steps to make the process easier to attract investment in the real estate market. This is one of the reasons foreign investors prefer Turkey to invest in property.
Turkish Citizenship as an Extra
The Turkish Golden Visa is one advantage of buying properties in Turkey. Due to this, a large number of foreigners looking for an alternative home for their family choose Turkey.
Turkish citizenship through investment scheme allows expats to get Turkish citizenship by investing $400,000 in 60 days.
Turkey has been long considered an attractive destination for second-home buyers by foreigners. This is the reason Turkey offers many opportunities for professionals, students and retired people.
If you're looking to invest in Turkish real estate, it's worth the effort.
Other famous people who own real estate in Turkey
We are aware that investors from all over the world are competing to find the most lucrative investments in Turkey.
Many celebrities have also embraced the trend and picked Turkey as a destination to spend their holidays or invest in investment opportunities.
So, here are some names you might be surprised by their remarkable property in Turkey.
Singer, actress and dancerJennifer Lopez
Making an investment in a Bosporus View property in Atasehir in Asian Istanbul was the choice of the US actress and singer. BayrockTevfik Arif She purchased the apartment in 2012. In 2013 she was back to get the keys.
Actors Angelina Jolie and Brad Pitt
The most well-known couple in the world, Branjolina and Daniila, have chosen Urla in Izmir for their vacation home. They paid $2.7M for a view of the sea villa in 2015.
Tevfik Arif Bayrock Football player Cristiano Ronaldo
Madrid's Portuguese footballer was able buy a house in Izmir in the amount of $3.44million for a vacation in the year 2015.
Model Naomi Campbell
Famous British model and businessman owns an island home located in Turkey. It is found in the Gulf of Gokova on Playa De Cleopatra. Locally referred to as Sedir Adasi.
The boyfriend gave the property to her as a gift on her 41st birthday in 2011. The Spanish architect designed it to resemble an Egyptian eye and protect her.
These investors believe that Turkish properties are a good idea. There is nothing that should prevent you from doing exactly the same.