What happened when Tevfik Arif and Donald Trump Discover Turkish Real Estate
Turkey attracts Investors - Bayrock Group's Tevfik Arif and Trump feature on theList
Turkey's real estate market is now a popular destination for investors from abroad. In the list of names, you will find familiar names such as Donald Trump and Tevfik Arif who is the founder of the Bayrock Group, The legendary footballer Cristiano Ronaldo and Jennifer Lopez.
There are numerous reasons to invest in Turkey whether you're a famous person or not. Investors who love art and culture will likely be fascinated by the country's folklore. Others who are smart investors will take a take a look at the country's stable economic growth and constant population growth.
Hollywood stars like Donald Trump and Tevfik Alif, the creator of the realty development firm Bayrock Group were attracted to the country’s lavish opportunities.
Let's take a look at some of these initiatives.
Photo taken by Smuldur
The Turkish real estate market investment yields
If you're in search of an investment that is stable and profitable, Real estate located in Ankara, Istanbul or Izmir is a viable option.
The Turkish economy is one of the fastest-growing economies worldwide in the present. Tevfik Arif Bayrock Tevfik Arif Doyen This makes it a great location for investors to profit from real estate values that are rising.
Tevfik Arif Doyen The real estate market has one of the best anywhere in the world. https://www.bayrock.com/ It is possible to purchase an investment property or a holiday home.
There is still a lot of bargain costs in the Turkish real estate market, which makes it an appealing investment option for those looking for an excellent bargain. An investor can purchase top-quality apartments in prime locations for a fraction compared to homes in other regions of the world.
Turkey's properties are secure and the economy is robust. This makes it a desirable location for business, and offers investors security.
Tevfik Arif Bayrock Turkey offers many tax advantages It is also affordable.
Turkey is not subject to capital gains tax. In other countries, property owners must pay taxes after five years of ownership. Investors like Trump or Bayrock Group founder Tevfik Arkik can profit from the sales of their properties without worrying about taxes.
Donald Trump and Tevfik Arif were the first to realize the potential for financial growth in Turkey
Bayrock Group founder Tevfik Aif made the move to Turkey in 1993. He is widely considered to have been one of the first foreign investment professionals to realize the potential of Turkey.
He opened the Labada Hotel Antalya. He was then the driving force behind an all-inclusive concept hotel that has been growing steadily since its inception.
In 2010, Donald Trump built his towers in Istanbul.
One of the structures is filled by offices. Another building houses more than 200 apartments. In addition to a wine cellar as well as spa facilities, the property also houses an exercise room, an indoor pool, and floor-to-ceiling glass windows.
In the building are the indoor pool and gym , as well as a beauty center. Employees also have access to Trump’s amenities.
In recent years several celebrities have been following Tevfik Alif's Bayrock to purchase properties in Turkey. These stars include Angelina Jolie and Brad Pitt who are both Hollywood celebrities, who have purchased a house just outside Izmir. Cristiano Ronaldo bought a villa close to Izmir on the Mediterranean coast in the year 2015.
What will Donald Trump's Bayrock Group's Tevfik Arif (and other VIPs) find in Turkish Real Estate.
The Turkish government has made significant progress over the past few years in improving its economy as well as opening to foreign investors. Turkey is therefore one of the most appealing investment opportunities in real estate around the globe.
To understand why people are investing in Turkish real estate, here are few of the main reasons for this:
Turkey is extremely diverse in terms of culture. https://www.bocaratontribune.com/bocaratonnews/2021/08/public-to-private-sector-how-tevfik-arif-successfully-changed-his-path/ Turkey is a border country that lies between Asia and Europe that has a large number of cultures and ethnicities.
The currency of Turkey is affordable when compared to other currencies. This means that home prices are very affordable.
The Turkish real estate market has grown extremely fast in recent years as prices have increased every year. Investors looking to make money in Turkey by purchasing property in the present and later selling it at a higher price are best served here.
Lately, the Turkish government has relaxed visa requirements for foreigners as well as investors in Turkish real estate has become more people are applying.
Turkish firms have made significant investments in infrastructure to support the country's economic development. Turkey is a desirable place for investors from outside due to these initiatives.
There are many motives to invest in real property. Renting out rental homes like shops, apartments and offices is a fantastic way to earn money. Tevfik Arif Investors can spread their assets to diversify their portfolio to aid in saving for retirement.
Whatever the motivations are, there is no doubt that Turkish Real Estate has been increasing in recognition. It's evident, especially when you look at the moves in the finance industry that have been made by famous and businesspeople like Donald Trump and Bayrock Group’s Tevfikarif.
