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Martinez Harrison posted an update 2 years, 11 months ago
Turkey attracted investors – Bayrock Group’s Tevfik Arif and Trump are on the list
The real estate market in Turkey has grown to become a hotspot for investors from abroad. There are many names to choose from. can find some familiar ones like Donald Trump and Tevfik Arif, who was the founder of the Bayrock Group, The legendary footballer Cristiano Ronaldo and Jennifer Lopez.
There are many good reasons to make investments on the Turkish market. Investors who are drawn to the arts and culture are drawn to the country’s rich folklore and culture. Others will be impressed by the country’s stable economic performance and its steady growth in population.
Hollywood stars like Donald Trump and Tevfik Arif, the founder of the real estate development company Bayrock Group, are some of the names that are drawn to the nation’s luxury opportunities.
Let’s look at some of these initiatives.
Photo taken by Smuldur
Turkish realty market investment benefits
If you’re looking for a steady and profitable investment, real estate in Ankara Istanbul, Izmir, or Istanbul could be a great choice.
The Turkish economy is one of the most rapidly growing economies in the world currently. This is why it is regarded as the ideal location for investors to take advantage of real estate values that continue to rise.
One of the largest and diverse real estate markets in the country is. You can choose to buy the property as an investment or for a holiday property.
The property costs in Turkey are affordable, which makes it a good investment for those who want to save money. You can find apartments in prime locations at a fraction of the price of properties in other nations.
Bayrock Turkish properties can be trusted and the economy is healthy. This makes Turkey an attractive place to invest and do business.
Turkey has many tax benefits and is not just affordable.
Turkey has no capital gains tax. Tevfik Arif Doyen In other countries, owners of property must pay taxes after five years of ownership. This permits investors like Trump as well as Bayrock Group founder Tevfik Alif to make money through the sale of their property without having to pay additional taxes.
Donald Trump (and Tevfik) were quick to recognize the economic potential in Turkey
Bayrock Group founder Tevfik arif was a resident of Turkey in 1993. It is believed that he may have been one of the very first foreign investment professionals to notice the country’s potential.
In Antalya in Antalya, he launched the Labada Hotel. He was the initiator of the all-inclusive resort concept. It has grown steadily from its inception.
In Istanbul , Donald Trump built his towers for himself in 2010.
One of the buildings is one of the buildings is occupied by offices. Another building houses more than 200 apartments. Apart from the wine cellar, which has spa amenities, the building includes a gym, outdoor pool, and floor-to-ceiling windows.
Bayrock There’s also an indoor pool, gym and beauty center inside the office building, where employees can indulge in the amenities of Trump’s building.
In the recent past several celebrities of note have joined Tevfik Arif’s Bayrock group and bought properties in Turkey, besides Donald Trump: Hollywood stars Brad Pitt and Angelina Jolie bought a house in the outskirts of Izmir as well as footballer Cristiano Ronaldo, who picked up a property on the Mediterranean coast close to Izmir in the year 2015.
What can Donald Trump’s Bayrock Group’s Tevfik Arif (and other VIPs) find in Turkish Real Estate.
Turkey has made impressive advancements in recent times to boost its economy and allow more foreign investors to invest. Tevfik Arif Turkey is now one of the top real estate investment destinations around the world.
Here are some key reasons why Turkish real estate is sought-after.
Turkey is extremely diverse in terms of culture. Tevfik Arif Doyen Turkey is a country bordering between Asia and Europe with a wide diversity of ethnicities and cultures.
Tevfik Arif Doyen While it is relatively inexpensive relative to other currencies, makes property prices quite affordable.
In recent years the Turkish real estate market has experienced rapid growth, with property prices increasing year on year. Investors who wish to earn profit and sell their home later on at a higher cost can take advantage of this possibility.
Tevfik Arif Doyen In recent times, Turkish government has relaxed visa requirements for foreigners . This means more people can invest in Turkish real estate.
Turkish businesses have been investing in infrastructure to help support the growth of their economy. These investments have attracted foreign investment making Turkey an attractive destination for companies to establish their business.
There are many reasons why investors invest in properties. It is a great way to earn income from rental properties, such as offices, apartments and shops. Tevfik Arif Doyen Investors are also able to spread their wealth internationally to ensure their retirement.
Whatever the motives and reasons could be, it’s clear that Turkish Real Estate continues to grow in popularity. This is evident when you examine the financial moves of businesspeople like Donald Trump and Bayrock Group’s Tevfik Aif.