Why Invest in Commercial Properties in Turkey?

One of the main reasons investors are interested in buying commercial properties is the earning potential. Residential and commercial are both great to invest in but what sets commercial properties apart is the high financial returns they offer buyers. 

Turkey is known for its beauty, diversity and hospitality. But that’s not all; its position as a bridge between Asia and Europe has fascinated many, and foreign investors are taking advantage of this status by purchasing commercial units in prime locations all over the country.

What Is Commercial Real Estate in Turkey?

Commercial real estate includes properties that are used to earn capital. Commercial properties include:

• Office Buildings
• Магазины
• Retail Stores.
• Apartment Buildings.
• Hospitals.
• Hotels.
• Warehouses, etc.
• Mixed-use Properties (for example, home-office buildings)

Retail stores must be located in areas with high foot traffic to grab potential customers. Hotels are some of Turkey’s most lucrative commercial properties because of the thriving tourism industry.

Why Invest in Commercial Properties in Turkey

Here is a list of reasons why you should consider commercial real estate in Turkey if you are interested in investing in local properties.

Turkey as a Eurasian Country

Turkey’s geographical location is unique in the world since it sits on two continents and acts as a gateway to different global markets. It is impossible for commercial investors not to tap into the Turkish commercial real estate market to benefit from the affordable properties available. 

The country also has an educated young population and plenty of qualified labor, prompting many investors to buy commercial real estate to run their businesses.  

High Income Potential 

Many choose commercial properties over residential real estate because of high-income potential. Commercial properties have the potential to bring impressive annual returns based on the area of the property. 

The commercial real estate market in Turkey is diverse. While the returns they offer may different from city to city, investing in commercial units in major cities is vital for a secure investment. 

Easy Property Maintenance

The tenants of commercial properties pay huge attention to the maintenance and appearance of the commercial property. They have to make sure that the storefront is presentable, so they don’t lose business. 

As a result, property owners do not have to worry about regular property maintenance, while the commercial tenant pays the cost of maintenance and repairs. Commercial tenants are also much more reliable than residential tenants since their livelihood comes from the property. Therefore, they ensure that the property is in excellent shape and always have great relations with the owner.

Strategic Location and Logistic Power

Turkey has a prime location at the crossroads of Europe and Asia, offering direct reach to global opportunities. Its modern transportation system allows easy access from various countries. Likewise, the country has an effective logistics infrastructure. Its airports and ports make Turkey an attractive destination for business minds.

Turkish Citizenship

You can invest at least USD 400,000 in Turkish commercial or residential properties to get Turkish Citizenship Many investors from Asian, European and Middle-Eastern countries have invested in the local property market to become eligible for a Turkish passport.   

Tourism Landscape

In 2023 alone, Turkey hosted 49 million tourists, mostly from Russia, Germany, the UK, Bulgaria, and Poland. Coastal cities like Antalya, İstanbul, and Mersin receive record-breaking visitors each summer. The stable increase in tourist arrivals has a positive impact on the hospitality sector.

Low Prices with High Returns

Buying commercial real estate in Turkey is budget-friendly, even in commercial hubs such as İstanbul, Ankara, and Mersin. Regardless, they present an attractive Return on Investment (ROI) and rental yield. As long as you take smart steps, your property will be beneficial for your short and long-term financial goals.

Retail and Service Properties

This category includes malls, shops, supermarkets, cafes, restaurants, bakeries, hospitals, pharmacies, and more. You can take advantage of these properties in two ways: renting or operating.

Renting out your property to a business is a good way to have a stable cash flow. Your lease contract will likely last long. Depending on your tenant’s occupation, you can access higher rental income.

If you choose to operate your business in Turkey, you will have a world of opportunities. You can decide on your business category based on your interests and educational background.

Where to Invest in Commercial Property in Turkey?

İstanbul, Antalya, Mersin, Ankara, Bursa, İzmir, and Trabzon are the best places to invest in Turkey. Each of these cities presents attractive opportunities for commercial property investment. Let’s explore them further.

Antalya

As Turkey’s top holiday destination, Antalya attracted over 16 million visitors in 2023. Thanks to the tourism landscape, the hospitality sector stands out the most. Hotels, restaurants, cafes, and beachside resorts hold an unmissable investment potential, offering high rental income and ROI rates.

Oto Kent Car Dealership

Invest in the largest commercial project in the Mediterranean region, which will rise in value by +100% on completion.

The new project is OTOKENT the first onestop center of trade in Antalya, which combines the key areas for the region: a center for the auto industry, as well as business and social facilities ranging from 75m² to 406m², making Oto Kent Car Dealership a perfect fit for commercial real estate investments.

Oto Kent Car Dealership is located in the Aksu district in the east of Antalya. The project is located at the intersection of two important highways, the D-400 highway leading to Alanya and the highway leading to Isparta. Due to its proximity to the airport, the project serves not only Antalya but also has excellent transportation links to other parts of Turkey

Investment Attractiveness and Growth Potential

Acquisition of commercial real estate in Oto Kent Car Dealership at the construction stage is the most profitable decision for investors, as due to the promising location and scale of the project, the minimum expected increase in the price of the completed object is 100%.

Commercial Center

Oto Kent Car Dealership is the first commercial center for auto trade in Antalya, which is located in an area of high traffic of potential customers and provides 550 spaces for opening and business development.

Passive Income 

Oto Kent Car Dealership opens up an opportunity for entrepreneurs and investors to form an additional passive source of income by attracting tenants from various business sectors to rent commercial premises with high profitability