Golf real estate in Turkey: new investment opportunities

Cult destinations for golf enthusiasts

As of today, Spain and Portugal have a reputation as key destinations for golf enthusiasts in Europe. However, in recent years, other countries have also been actively developing golf courses to international standards, and Turkey has become an important player in this market by creating modern golf resorts near popular beaches. This makes Turkey one of the leading countries in the field of golf real estate.

The development of golf in Turkey

Golf in Turkey has become a popular hobby, and a club in Istanbul is considered one of the oldest in the world. However, the real growth in the number of golf resorts has only been observed in the last five years. Among the new, impressive projects, the following stand out:

• Klassis Golf & Country Club
• Kemer Golf & Country Club

These clubs are opening both in Istanbul and in well-known coastal areas. The villas in these complexes, ten years after their opening, are already valued at millions of euros.

Golf vacation in Turkey

When it comes to modern golf vacations that meet international standards, Turkey can only compete with regions like the Algarve and Costa del Sol. Among the resorts that stand out successfully is Belek, located 48 km from Antalya.

It should be noted that the development of Belek as an important tourist destination has become a significant part of state investments. Over the past few years, numerous golf complexes, hotels, and entertainment venues have been established along Belek's famous beaches, offering discerning visitors a wide selection of nine golf courses and various accommodation options.

Climate and location of the property

The climate in Belek is similar to the weather conditions of southern Spain and Portugal, which attracts tourists and property owners. However, golf real estate in this region has its own nuances:

• Villas and apartments are often located at a certain distance from the golf courses themselves.
• Many houses are located far from the playing fields.

Claire Walker from Turkish Homes notes that sometimes the distance to the golf course can be up to 20 minutes by car. "There are indeed many golf courses in Belek, and residential complexes are located between them. It's not quite the same as in Spain, but at least the Turkish real estate market has become more structured, and insightful investors have started to actively invest in resort properties."

Legal aspects of purchasing golf real estate

Nevertheless, according to Teylan Gundeslioglu from the agency Lets Go to Turkey, the situation is quite complicated: "Golf courses in Turkey are owned by the state and are registered with the Ministry of Forestry and Agriculture. Thus, developers can only build residential complexes outside of the courses themselves."

Therefore, when planning to purchase real estate at golf resorts, it is important to consider local laws and regulations. These factors will be significant for those who are considering living or spending time actively at such beautiful resorts, which undoubtedly raises interest in this type of investment in the future.

Prospects and potential of Turkey

In general, despite certain limitations, Turkey continues to confidently strengthen its status as a country where golf and quality of life go hand in hand.Investing in real estateThis region opens up new horizons and opportunities for life and leisure.

Status of golf courses in Belek

According to Gundeslioglu, all golf courses in Belek have protected green zone status. These areas are designated exclusively for golf and are under long-term lease from the state for a period of 49 to 99 years. This status prevents any construction in these areas, including residential complexes.

Problems for investors

The problem for investors is that, unlike other popular golf destinations, the cost of ready-made housing in Turkey is quite low. This creates difficulties for developers, who first have to acquire large plots of land to create a golf course, and only then invest in the construction of properties, which complicates the ability to achieve the expected profit.

Access restrictions in golf clubs

It is important to note that access to the courses of certain golf clubs, such as Gloria, is only available to players who are guests of the hotels associated with the club.

Investment prospects in Bodrum

According to information provided by Sean Ashdown, a representative of the British firm Aquavista, local authorities have implemented numerous measures in recent years aimed at improving urban infrastructure. These changes significantly impact the real estate market, leading to an average annual increase in prices of25%.

Housing rental in Altynkum

For investors considering the option of renting out property, it makes sense to plan the rental period for approximately20 weeks in a yearThe rental prices for apartments vary from320to440 eurosIn a week, while for the villas you need to pay from630to880 euros.

Development of golf infrastructure

In Turkey, the Bodrum region is known not only for its resorts but also for its developing golf scene. Last year, the government granted permission to build two new golf courses in Altınkum, a popular resort area on the Aegean Sea, which is located just a short distance away.90 minutes from BodrumThe completion of the construction of the first field is expected byin 2010.

Despite the fact that Altinkum is attractive to locals, international tourists have yet to discover this corner, partly due to its distance from the nearest airport in Bodrum.

Expectations from new investments

It is expected that the new construction of golf courses, opportunities for yacht excursions, and the development of transport infrastructure will have a positive impact on the influx of tourists and attract the interest of investors. Additionally, there are plans to establish ferry services between Belek Bay and the Greek islands of Kos and Samos. In the future, Altınkum may become a competitor to well-known destinations such as Bodrum and Belek, which promises interesting prospects for real estate acquisition.

Available options for buyers

Claire Walker, a real estate specialist in the area, emphasizes that in Altynkum, it is still possible to find two-bedroom apartments with a shared pool located near the beach, priced at no more than45,000 eurosHowever, according to Sean Ashdown, one should not expect quick positive changes, so potential buyers should realistically assess their financial capabilities and consider long-term investments.

Vita Park Project

Many experts agree that the Vita Park project, envisioned as a golf complex on the shores of Lake Tuzla near the popular resort of Bodrum, has great potential. The plans include:

• to build two international-level golf courses;
• create residential complexes;
• build a hotel;
• develop the tourist infrastructure.

The main problem for developers is the need to coordinate these plans, considering that this area is a unique nature reserve where the only flamingos in Europe migrate.

Vita Park Private Club

The situation is complicated by the fact that Vita Park will be a private club with an entrance fee of15,000 eurosand an annual membership fee of1,500 eurosThis may raise doubts among some potential investors. Despite this, investment opportunities in this area remain attractive, and investors can benefit in the future if they are willing to endure a period of uncertainty.

Conclusion

In conclusion, after analyzing the current state of golf infrastructure in Turkey, I have come to the conclusion that the golf real estate market here presents unique opportunities for the economy and investors. Although Spain and Portugal are rightly considered leaders in this field, Turkey is rapidly increasing its presence, attracting attention with beautiful courses, high service standards, and an attractive pricing policy.

Advantages of the golf resort in Belek

Belek, known for its advanced golf game and a wide range of residential construction, is a special find for those looking to combine their passion for golf with comfort and relaxation by the sea. Although legislative restrictions pose certain challenges for investors, the growing interest in the region indicates its potential for further development.

Availability of housing

It is important to note that housing in these areas remains affordable, especially compared to European counterparts.Opportunities to earn from real estateLocated in close proximity to golf courses, positive trends in demand are confirmed. The trend of rising property prices in Belek confirms that this region is becoming increasingly attractive for both local and foreign investors.

Golf as a part of culture

Thus, golf in Turkey is not just a sport, but a whole culture that includes the development of infrastructure and the creation of comfortable living conditions. I am impressed by how quickly Turkey is integrating into the global golf community, and I am confident that its role in the market will continue to grow.

• Golf resorts offer high-quality service.
• Growth of investments in housing in Belek.
• Affordable real estate prices compared to Europe.

Just five years ago, the prospect of such successful development seemed unattainable, but now it has become a reality, and many can benefit from it. I hope that these changes will encourage other countries to pursue similar development, becauseThe best golf class should combine not only the quality of the game but also a lifestyle.