Turkey demonstrates steady growth in the commercial real estate sector, with TÜİK (Turkish Statistical Institute) reporting a 22% increase in transaction volume in the first half of 2025 compared to the same period in 2024. Certain segments remain undervalued while offering investors above-average returns.
1. Office Spaces in Istanbul
Istanbul's office market shows stable rental rate growth:
- Average rental rates in business districts (Levent, Maslak): $18-25/m²/month
- Vacancy rates decreased to 11.4% (JLL Turkey, Q2 2024)
- Projected yield: 7.5-9.2% annually
Tip: Consider ESG-certified properties with 12-15% higher rental rates.
2. Retail Spaces in Resort Areas
According to Turkey's Ministry of Tourism:
- Antalya welcomed 8.3 million tourists Jan-June 2024 (+14% vs 2023)
- Average retail space yield: 8.2-12.7%
- Peak occupancy rates (92%) in Bodrum
Recommendation: Invest in 200-500 m² retail galleries near beachfronts.
3. Logistics Complexes
Per CBRE Turkey report:
- Warehouse demand grew 37% in 2024
- Average rental rates: $4.5-7.8/m²/month
- Highest quality space shortage within 25km of new Istanbul Airport
Key insight: Automated warehouses yield 2-3% more than traditional ones.
4. Hospitality Properties
2024 statistics show:
- Average 4-star hotel occupancy: 78% (Antalya Culture and Tourism Directorate)
- Aparthotel yields: 11-15.3%
- Project payback period: 5-7 years
Strategy: Optimal investment size is 20-40 rooms with "managed hotel" service.
5. Medical Centers
Key metrics:
- Medical tourism volume: $2.1 billion (2024 forecast)
- Average patient spending: $2,800
- Dental clinic payback period: 3-4 years
Success factor: Locations within walking distance of 5-star hotels in Antalya and Istanbul.
Selection Criteria:
1. Transport accessibility (max 15 mins to main arteries)
2. Documented rental rates for past 24 months
3. Approved district development masterplan
4. Legal clearance (verified via TAKBIS national property registry)
Confidence Real Estate specialists provide:
- Analysis of 5 suitable properties with IRR calculations
- Legal history verification via Tapu Kadastro registry
- Legislative change monitoring (tax benefits, rental terms)
- Full transaction support at all stages
Our portfolio shows clients' commercial properties averaged 11.2% yield in 2023-2024 with below-market risk levels. Contact our consultants for detailed investment proposals with current market data.
1. Office Spaces in Istanbul
Istanbul's office market shows stable rental rate growth:
- Average rental rates in business districts (Levent, Maslak): $18-25/m²/month
- Vacancy rates decreased to 11.4% (JLL Turkey, Q2 2024)
- Projected yield: 7.5-9.2% annually
Tip: Consider ESG-certified properties with 12-15% higher rental rates.
2. Retail Spaces in Resort Areas
According to Turkey's Ministry of Tourism:
- Antalya welcomed 8.3 million tourists Jan-June 2024 (+14% vs 2023)
- Average retail space yield: 8.2-12.7%
- Peak occupancy rates (92%) in Bodrum
Recommendation: Invest in 200-500 m² retail galleries near beachfronts.
3. Logistics Complexes
Per CBRE Turkey report:
- Warehouse demand grew 37% in 2024
- Average rental rates: $4.5-7.8/m²/month
- Highest quality space shortage within 25km of new Istanbul Airport
Key insight: Automated warehouses yield 2-3% more than traditional ones.
4. Hospitality Properties
2024 statistics show:
- Average 4-star hotel occupancy: 78% (Antalya Culture and Tourism Directorate)
- Aparthotel yields: 11-15.3%
- Project payback period: 5-7 years
Strategy: Optimal investment size is 20-40 rooms with "managed hotel" service.
5. Medical Centers
Key metrics:
- Medical tourism volume: $2.1 billion (2024 forecast)
- Average patient spending: $2,800
- Dental clinic payback period: 3-4 years
Success factor: Locations within walking distance of 5-star hotels in Antalya and Istanbul.
Selection Criteria:
1. Transport accessibility (max 15 mins to main arteries)
2. Documented rental rates for past 24 months
3. Approved district development masterplan
4. Legal clearance (verified via TAKBIS national property registry)
Confidence Real Estate specialists provide:
- Analysis of 5 suitable properties with IRR calculations
- Legal history verification via Tapu Kadastro registry
- Legislative change monitoring (tax benefits, rental terms)
- Full transaction support at all stages
Our portfolio shows clients' commercial properties averaged 11.2% yield in 2023-2024 with below-market risk levels. Contact our consultants for detailed investment proposals with current market data.