Tevfik Arif and Donald Trump as well as other VIPs who have invested in Turkey

Many real estate veterans have invested in Turkey and have included Donald Trump and Kazakh-Turkish businessman Tevfik Arif.

Through the years, many celebrities as well as multinational corporations have invested in Turkey’s property market. Arif of the Bayrock Group is the creator of the company. Jennifer Lopez and former American President Donald Trump are also among the investors.

Turkey has a large number of foreign real estate investors for numerous reasons.

Investors will be pleased to learn that the country’s economy is stable and the country’s population is growing.

An infrastructure that is well-developed makes Turkey an appealing investment opportunity.

Turkish property markets are booming. Many opportunities exist for investors to purchase residential and commercial properties.

It’s a fantastic country to invest money in due to its strong economy predicted to grow in the coming years.

Furthermore, the Turkish Lira is also weak against other currencies, resulting in reasonable property prices for foreign investors.

In this article, we’ll be looking at some of these concepts in more depth.

Bayrock Group’s Tevfik Arif and his hotel empire that is all-inclusive in Turkey

The former Soviet republics were allowed 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.

Arif founded several companies after the collapse of the Soviet Union. These companies comprised luxury realty development as well as food, minerals, and natural resources, and exports.

Due to his many enterprises, he was able to build a strong network of stakeholders both national and internationally.

Tevfik Alif eventually relocated to Turkey to manage his business and real estate portfolio in 1993.

In Antalya He opened the lavish Armas Labada Hotel. He became a pioneer for the concept of all-inclusive hotels.

The first Turkish Trump Towers in Europe

Through his alliance with Arif’s Bayrock Group, he also saw potential for Turkish real estate. The result was that Trump inaugurated the Trump Towers Istanbul in the year 2010.

They are situated in Istanbul, Turkey. There are more than 200 apartments located in two towers, one being office building, and the other is a residential tower.

The complex also contains an upscale shopping center with over 80 shops and a multiplex cinema. Trump Towers is the first European tower that was constructed.

One is an office tower. BayrockTevfik Arif Tevfik Arif Donuld Trump The other contains more than 200 apartment units.

Each condo is equipped with a private wine cellar. Inside the wine cellar, there are 16,800 bottles of wine to be stored.

Residents can also avail to enjoy an indoor pool, spa, and gym. Additionally, they can enjoy a breathtaking view of Istanbul’s skyline via the floor to ceiling windows.

Aydin Doan, a property developer, is working with Donald Trump, an American businessman.

The complex is home to numerous European as well as Middle Eastern businesses.

The employees at the office are able to use an indoor pool, a gym, as well as a beauty and fitness center.

The towers are not only the very first Trump Towers to be built on Europe’s continent They also have an 80-store shopping mall along with multiplex cinemas.

Adi Chabli , Miami developer, was the original holder of the license. He initially took Trump to Turkey and held that license until he negotiated and granted rights to Istanbul to Dogan Group.

Focus Wine Cellars constructed the basement to the residential tower. It is the only collective Turkish wine cellar.

What was it that enticed Donald Trump, Tevfik, and other investors to Turkish real estate?

Turkey is a major participant on the international stage. It has been welcoming more foreigners. Turkey, as a country combining the East and West is a perfect blend of both.

In addition to being a preferred destination for second citizenship, the real estate market is a great way to earn a decent return on investments.

Let’s look at Istanbul as an instance. The majority of Istanbul’s sought-after neighborhoods have penthouses as well as new land developments in its suburbs.

It is an excellent place to work and live for expats due to its Asian economic potential, Western-style living and great geographical location. Turkey is an investment opportunity due to this combination.

The legal system of Turkey and its architectural and housing trends have been through numerous modifications. Tevfik Arif Donuld Trump Here are some advantages of purchasing real estate in Turkey.

The real estate market of Turkey began to emerge in the latter part of 2004. This is the reason why houses are attractive to many expatriates and foreign nationals.

While luxury homes aren’t offered, some coastal towns provide furnished 2-bedroom homes for less than $60,000.

Profitable Return on the investment

Investors who want to make long-term investments in Turkey will find a lucrative ROI on their Turkish real estate investments.

Turkish buyers enjoy the benefit of buying at a lower cost that Spaniards or Cyprus where the cost of property has gone up.

The Turkey property is a great investment with minimal maintenance and upkeep.

An Easy Buying Process

The Turkish government has taken measures to ease the process for investors to invest in the realty market. This is one of the reasons foreign investors prefer Turkey to invest in property.

Citizenship in Turkey An added benefit

The Turkish Golden Visa is one the greatest advantages to purchasing properties in Turkey. A lot of foreigners select Turkey as their second home due to this.

Turkish citizenship through an investment scheme: Ex-pats may get Turkish citizenship by investing $400,000 in 60 days.

Foreigners have always considered Turkey an ideal second-home destination. Turkey has many opportunities for students, professionals, retirees, and businesspeople.

If you’re looking to invest in Turkish realty, it is worthwhile.

Famous people also have properties in Turkey

We are aware that investors all over the world are competing for the most lucrative Turkey investment opportunities.

Celebrities have also followed this trend and picked Turkey as a destination to invest in or for vacations.

So here are some big names that are about to amaze you with their stunning properties in Turkey:

actress, singer, and dancerJennifer Lopes

Amy Winehouse, a singer and actress from America, chose to invest in an Bosporus view apartment in Atasehir located in Asian Istanbul. The property was purchased by the actress-singer in 2012 and she returned the following year to retrieve her keys.

Actors Angelina Jolie and Brad Pitt

“Branjolina,” the most well-known couple around the globe is the couple who has decided to go to Urla to buy a holiday house in Izmir. In 2015, the couple spent $2.7 million on a villa with sea views.

Football player Cristiano Rojo

Madrid’s Portuguese footballer was able buy a house in Izmir in the amount of $3.44million to go on a holiday in 2015.

Model Naomi Campbell

The famous British model and entrepreneur own an island holiday home in Turkey. realtytimes.com/headlines/item/1047565-tevfik-arif-talks-new-york-city-real-estate-and-housing-in-2023 It is located in Turkey’s Gulf of Gokova on Playa De Cleopatra. Locally, it is known as Sedir Adasi.

The boyfriend gifted the house to her as a present on her 41st birthday in the year 2011. The Spanish architect created it to look like the Egyptian eye and protect her.

These investors are convinced that Turkish properties can be a profitable investment. Doyen There are no barriers to taking advantage of this.

tevfik arif, bayrock