Gökay İnşaat LTD ŞTİ

What Gökay İnşaat LTD ŞTİ does

Gökay İnşaat LTD ŞTİ is a privately held Turkish real estate developer headquartered in Muratpaşa, Antalya, founded in 1997 by Sedat Gökay and controlled by the Gökay family. The company originated as a Philips and Siemens consumer electronics dealer before entering construction in 2011 with the GKY 1 project, since when it has developed a portfolio of small- to mid-sized residential and commercial properties exclusively in Antalya. Its core operations consist of site acquisition, architectural design via an in-house team, construction oversight (with external licensed Yapı Denetim firms), and direct-to-buyer sales of completed units with flexible payment plans and title deed administration. The firm also operates an urban transformation (Kentsel Dönüşüm) service line that helps building owners redevelop older properties into new apartments.

The company's product portfolio spans six completed residential projects (Varlık Evleri, GKY Yıldız Evleri, Varlık Evleri 2, Yeşilbahçe Evleri, Gökay Twins) totaling 104 apartments and 416 claimed customers, plus active projects (Yıldız Evleri 2, Gökay Tower, Varlık Evleri 3) and a commercial business center (GKY Plaza). Pricing is not publicly disclosed; buyers are quoted on a per-unit basis across 60-140 m² layouts ranging from 1+1 to 5+1. The business model is project-based, one-time revenue per unit sale with no recurring component, and sales are conducted exclusively through the headquarters office and on-site project sales with no third-party broker or intermediary channel. Marketing is limited to a WordPress-based multilingual website (Turkish, German, Vietnamese) targeting organic traffic from individual property buyers. The company operates with 7 employees and no external institutional investors, funding rounds, or parent company.

Name

Gökay İnşaat LTD ŞTİ

Legal name

Gökay İnşaat LTD ŞTİ

Website

https://gokayltd.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1–10 employees

Short description

Gökay İnşaat LTD ŞTİ is a privately held Antalya-based Turkish real estate developer building residential and commercial properties for individual buyers, with 7 employees, 6 completed projects, and 104 apartments delivered since 2018.

Ownership category

akta.pro rank

Headquarters

HQ city

Muratpaşa, Antalya

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Real Estate Development and Sales: Gökay İnşaat generates revenue through the development and direct sale of residential apartments and commercial properties in Antalya, Turkey. The company constructs residential complexes (ranging from 16 to 45 units) and commercial buildings (GKY Plaza), selling units to individual buyers with flexible payment plans. Revenue is one-time per unit sale, with no recurring component.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Gökay İnşaat is a boutique real estate developer that designs, constructs, and directly sells residential apartment compounds (typically 16-45 units per project) and commercial business centers (GKY Plaza) in central Antalya neighborhoods. The company also offers urban transformation (kentsel dönüşüm) services, managing the full renewal process from consultation through key handover for building owners transferring old buildings for new construction.

Product overview

Gökay İnşaat LTD ŞTİ is a Turkish construction and real estate development company based in Antalya, founded in 1997 by Sedat Gökay. The company operates a portfolio of residential and commercial real estate projects in Antalya, including VARLIK EVLERİ, GKY YILDIZ EVLERİ, VARLIK EVLERİ 2, VARLIK EVLERİ 3, GÖKAY TOWER, YILDIZ EVLERİ 2, YEŞİLBAHÇE EVLERİ, Gökay Twins (residential compounds), and GKY PLAZA (commercial business center). The company also offers urban transformation (kentsel dönüşüm) services for building renewal projects, managing the entire process from consultation through key handover.

Differentiator

Problem solved

Functional benefit

Products and services

• VARLIK EVLERİ Luxury residential apartment project in Antalya's Varlık district with 32 units across ground plus 7 floors, featuring elevator, parking, sports hall, and natural gas infrastructure.
• GKY YILDIZ EVLERİ Luxury residential project in Yıldız Mahallesi with 28 units (ground plus 6 floors, 90 m² each), located on 219th Street adjacent to Yıldız Caddesi.
• VARLIK EVLERİ 2 Residential development in Yıldız Mahallesi featuring 16 units (ground plus 6 floors, 130 m² each), located at Muratpaşa 3684 ADA 28 PARSEL.
• GKY PLAZA Commercial business center in Kepez district adjacent to Kepez Municipality, featuring ground plus 3 floors with 50 m² units plus terrace usage area and aluminum façade.
• YEŞİLBAHÇE EVLERİ Residential project in Yenigün Mahallesi with 28 units across ground plus 3 floors, featuring 3 wide elevators, closed parking, central TV satellite infrastructure, and parent bathroom.
• Gökay Twins Secure site compound in Yıldız Mahallesi with 2 blocks featuring 45 units across ground plus 6 floors, located on 227th Street adjacent to Yıldız Caddesi.
• VARLIK EVLERİ 3 Single-block secure structure in Yıldız Mahallesi featuring 20 residential units plus 4 shops across ground plus 6 floors, including elevator, open parking, security cameras, and double-glazed Pimapen windows with electric shutters.
• GÖKAY TOWER Elite residential tower in Varlık Mahallesi with 18 units across ground plus 8 floors, located on 185th Street in Muratpaşa.
• YILDIZ EVLERİ 2 Residential project in Yıldız Mahallesi with 19 units across ground plus 5 floors, located on 238th Street at Muratpaşa 1496 ADA 14 PARSEL.
• Kentsel Dönüşüm (Urban Transformation) Service Urban renewal service that helps building owners transform old buildings into modern residences, covering the full process: consultation with residents, suitability testing, notary contracts, planning, construction, and key handover.

Quantifiable outcome

• 416 happy customers (as stated on website)
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Ağaoğlu: One of Turkey's largest privately held residential and mixed-use developers, with a national portfolio of branded housing projects. Comparable to Gökay as a Turkish for-sale residential builder, but operating at materially greater scale and geographic reach.
• Sur Yapı: Established Istanbul-based Turkish developer focused on branded luxury and mid-market residential projects. Comparable to Gökay in the for-sale residential model and emphasis on design quality, though Sur Yapı operates at a national scale and broader unit mix.
• Kalyon İnşaat: Large Turkish construction and development group active in residential, commercial, and infrastructure projects. Comparable to Gökay as a Turkish real estate constructor and developer, though Kalyon operates across a far broader project portfolio and geography.
• Ant Yapı: Major Turkish construction and real estate developer with significant residential and mixed-use project experience in Antalya and other cities. Comparable to Gökay in the residential for-sale model and Antalya market exposure, though at much larger scale.
• Emlak Konut GYO: Turkey's largest state-linked residential developer and REIT, executing mass housing projects nationwide via public-land partnerships. Comparable to Gökay in the for-sale residential development model and Turkish market exposure, though at vastly larger scale and capital base.
• Öztaş İnşaat: Turkish construction and development firm with multi-story residential and commercial projects. Comparable to Gökay as a Turkish residential developer focused on mid- to high-rise apartment blocks in urban locations.
• DAP Yapı: Istanbul-based Turkish residential developer focused on premium branded housing projects in central urban locations. Comparable to Gökay in the emphasis on prime-location, design-led apartments, though DAP operates nationally and at significantly larger project sizes.
• Rönesans Gayrimenkul: Turkish real estate developer within the broader Rönesans Group with residential, office, and mixed-use projects. Comparable to Gökay as a Turkish for-sale residential developer with commercial real estate (GKY Plaza) overlap.

Emerging players

• Avrupa Gayrimenkul: Smaller-scale Turkish residential developer. Comparable to Gökay in targeting urban Turkish residential buyers with mid-rise apartment projects, though at a different geographic focus and smaller per-project unit counts.
• Dağ Mühendislik: Antalya-region Turkish construction and development firm executing residential apartment projects. Directly comparable to Gökay in geography (Antalya) and small-scale for-sale residential development model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gokayinsaat

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gökay İnşaat LTD ŞTİ