Tevfik Arif and Donald Trump: VIP that made investments in Turkey

Author : Butt Holden | Published On : 16 May 2024

Tevfik arif and all the other VIPs who have invested in Turkey

Many of the most successful investors from Turkey have been real estate professionals, such as Donald Trump.

Over the years, several famous people and multinational corporations have made investments in the real estate market of Turkey. Arif founder of the Bayrock Group and Jennifer Lopez are some of the investors.

Turkey is attractive to foreign investors in real estate due to many reasons.

Investors will be happy to know that the nation's economy is stable, and the population is growing.

Turkey also provides excellent opportunities for investment due to its extensive infrastructure.

https://kazakhbusinessbulletin.wordpress.com/kazakh-businessman/tevfik-arif/ The Turkish real estate market is growing and there are plenty of opportunities to invest in residential and commercial properties.

The country is a fantastic investment opportunity because its robust economy is predicted to grow over the next few years.

Additionally to that, the Turkish Lira is weak compared to other currencies, resulting in affordable property prices for investors from abroad.

In this article, we'll discuss the various initiatives in depth.

Bayrock Group’s Tevfik arif and his all inclusive hotel empire in Turkey

The Soviet Union fell in the early 1990s. Former Soviet republics were moved to a new place.

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

Arif founded several businesses after the collapse of the Soviet Union fell. These included luxury real estate development foods, minerals, food and natural resources as well exports.

Due to his various enterprises, he had an extensive network of both international and national stakeholder.

Tevfik Arif eventually moved to Turkey in 1993. He diversified his business and real estate portfolio.

In Antalya, he opened the extravagant Armas Labada Hotel. He quickly rose to prominence as an innovator in all-inclusive hotels.

Europe's first Trump Towers in Turkey

Through his alliance with Arif's Bayrock Group, he also saw potential for Turkish real estate. Therefore, in 2010 Trump opened the Trump Towers Istanbul.

They are situated in Istanbul's Isli. More than 200 apartments are found in two towers, one being an office building and the other a residence tower.

There's also a mall with 80 shops as well as a multiplex theater. The Trump Towers are the first to be built on the European continent.

One building may be an office tower , while another has over 200 apartments.

Each condo has their individual wine cellar. tevfik arif, bayrock Inside the wine cellar, there are 16,800 bottles of wine to be stored.

Residents have access to an indoor pool as well as a spa. From the floors-to-ceiling windows, residents enjoy breathtaking views of Istanbul's cityscape.

Tevfik Arif Bayrock Aydin Donan is a property developer who is part of a partnership agreement with Donald Trump.

The complex is home to many Middle Eastern and European businesses.

Access to the indoor pool, fitness center, and beauty center are available for office workers.

They are not only the very first Trump Towers located on the European continent, but they also have an 80-store Mall and multiplex cinema.

Adi Chabli , Miami developer was the initial owner of the license. He initially brought Trump to Turkey and held that license until he reached a deal and transferred rights to Istanbul to Dogan Group.

The tower's residential section includes the only collective wine cellar in Turkey and the basement was constructed by Focus Wine Cellars.

What attracted Donald Trump and Tevfik Ariff to invest in Turkish real property?
Turkey is a major player on the international scene and continues to host more foreigners. Turkey is both a nation of the East as well as the West and offers the most ideal mix.

tevfik arif, bayrock Turkey isn't just an ideal place to acquire second citizenship but also offers an impressive return on your investment.

Let's consider Istanbul as an example. A lot of the most sought-after neighborhoods in Istanbul have penthouses as well as new land developments in the suburbs.

Ex-pats will love Turkey due to its Asian economic potential, and also its Western-style lifestyle. Turkey is an excellent investment opportunity due to this combination.

The legal system in Turkey, as well as housing and architecture trends have undergone numerous changes. These are some of the many benefits to buying property in Turkey.

The market for real estate in Turkey is only just entering the international markets. The high prices of homes attracted a lot of expats as well as foreign nationals.

There are luxury homes available. There are also apartments with two bedrooms in small coastal towns that can be furnished for less than $60,000.

A Profitable Return On Investment
The property market in Turkey has a high ROI for long-term investors looking for long-term investments.

Comparatively with Cyprus and Spain where prices for property have already increased, Turkish buyers have the additional benefit of lower prices.

The Turkey property is an investment that requires minimal upkeep and maintenance.

Easy buying Procedure
The government has taken steps to facilitate investors to invest in the real estate market. This is the reason Turkey is the ideal choice for investment in property.

Turkey Citizenship: A Plus
The Turkish Golden Visa is one the greatest advantages to purchasing properties in Turkey. Because of this, many foreigners seeking an alternative home for their family choose Turkey.

Turkish citizenship through an investment scheme: Expats can be granted Turkish citizenship through investing $400,000 within 60 days.

Turkey has long been considered an attractive destination for second-home buyers by foreigners. It is a country that provides many opportunities for professionals as well as students, businesspeople and retirees.

If you're looking to invest in Turkish property, it's worthwhile.

Other stars who have real estate properties in Turkey

We are aware that investors all over the globe are competing to get the best Turkey investments.

Celebrities have also followed the trend and chosen Turkey as a place to go for their vacations or investment opportunities.

Let's take a look at these famous names to see if we can surprise us with their incredible properties in Turkey.

Actress, singer and dancerJennifer Lopez
The actress-singer from the US chose to invest in an Bosporus View apartment in Atasehir located situated in Asian Istanbul. She purchased the apartment in 2012. Last year she returned to collect her keys.

Actors Angelina Jolie, Brad Pitt
"Branjolina," the most famous couple around the globe, has chosen Urla to buy a holiday property in Izmir. They spent $2.7M in 2015 for the sea-view house.

Footballer Cristiano Rojo
Madrid's Portuguese footballer and legend Pedro de Madrid bought an Izmir residence for $3.44M in 2015 to celebrate an anniversary gift.

tevfik arif, bayrock Model Naomi Campbell
The famous British businessman and model owned an island-based vacation house in Turkey. It is situated in Turkey's Gulf of Gokova.

Tevfik Arif Donuld Trump The house was a gift from her boyfriend in celebration of her 41st birthday in the year 2011. It was specifically created by Spanish architects to resemble Horus' Egyptian eye to ensure her safety.

These wealthy think that Turkish properties are a good investment. There is no barrier to making this happen.