Körfez Termal

What Körfez Termal does

Körfez Termal is a privately held thermal timeshare resort operating under the legal name Körfez Tatil Beldesi Tur. Tes. Ve Devremülk İşl. A.Ş., located in Güre, Edremit district of Balıkesir province, Turkey, at the foothills of Kaz Dağları (Mount Ida) overlooking the Aegean Sea. The company operates a 25,000 m² property (with approximately 15,000 m² of landscaped grounds, 7 elevators, and 11 km of Güre coastline access) featuring four apartment types ranging from 55 m² (2+1 Standard) to 120 m² (3+1 Roof Duplex), plus dual-gender 2,500 m² SPA centers with thermal and rooftop pools, hammam, sauna, and steam rooms; a beauty center; separate male/female fitness centers; a 200-person meeting room; restaurant, cafeteria, market, children's club, medical room, and a 400-person prayer room. The core technology is a proprietary thermal water source from on-site wells, certified by the Bursa Provincial Health Directorate as a supportive/complementary treatment, supplemented by a 360° virtual tour platform and a digital timeshare owner portal.

The business model combines six revenue streams: one-time timeshare deed sales (kat mülkiyeti tapulu, structured under Urban Transformation Law 6306 with a 2% title deed fee exemption and 1% VAT versus the standard 20%); rental income generated when owners rent out unused weeks via the resort's management system; transactional SPA and wellness services (massage, aromatherapy, beauty treatments); food and beverage (breakfast ₺500/person, dinner ₺900/person); meeting and event venue rental; and recurring fitness memberships for non-resort guests. Pricing varies by apartment tier, view (sea, mountain, middle row), and season (May–September peaks). Go-to-market is direct-to-consumer via the company website (korfeztatil.com.tr) and Instagram (@korfeztatil), with timeshare sales handled by customer representatives responding to web-based purchase request forms. The customer base spans families (nuclear and extended), timeshare property investors, health and wellness tourists, and nature tourists drawn to the Kaz Dağı UNESCO biosphere reserve.

The company is operated by a very lean team of 5 listed employees, operates from a single headquarters address (Güre Cumhuriyet, Barış Sk No:44, 10300 Edremit/Balıkesir), and discloses no subsidiaries, parent company, funding rounds, or institutional investors. It is regulated primarily through Turkish tourism, real estate, and health authorities, with thermal water certification as its key regulatory milestone.

Name

Körfez Termal

Legal name

Körfez Tatil Beldesi Tur. Tes. Ve Devremülk İşl. A.Ş.

Website

https://korfeztatil.com.tr

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Körfez Termal is a private Turkish thermal timeshare resort in Güre, Balıkesir, offering four deeded-ownership apartment types, a 2,500 m² SPA center, and on-site certified thermal waters at the intersection of the Aegean coast and Kaz Dağı biosphere reserve, serving families, property investors, and wellness tourists.

Ownership category

akta.pro rank

Product category

Thermal Resort and Timeshare Real Estate

NAICS

Traveler Accommodation (7211), Accommodation (721)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro industry

PRIMARYTHAGAMAA

Destination Spa Resorts

Travel & Hospitality/Lodging & Accommodation/Wellness, Spa & Health Retreats

SECONDARYTHAGACAG

Luxury Wellness & Spa Resorts

Travel & Hospitality/Lodging & Accommodation/Luxury Hotels & Resorts

SECONDARYTHAMAAAC

Villas & Luxury Estates

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Whole-Home Vacation Rentals

Keywords

• Thermal resort services
• Timeshare property sales
• Spa wellness services
• Vacation apartment rentals
• Thermal spa hospitality

Headquarters

HQ city

Edremit

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Timeshare (Devre Mülk) Sales: One-time purchase of timeshare units with property deed (kat mülkiyeti tapulu). Buyers receive ownership rights registered on the title deed, without time limitations like traditional holiday timeshares (29 or 49 years). Properties can be sold, transferred, rented, or inherited.
2. Timeshare Rental Income: Rental of timeshare units during periods when owners are not using their property. Owners can earn income by renting out their timeshare weeks. Pricing varies by apartment type, location (sea view vs mountain view), and season.
3. SPA and Wellness Services: SPA center services including massages, therapies, beauty treatments, and wellness services. The 2500 m² SPA center offers classic massage, aromatherapy, anti-stress, and deep tissue treatments.
4. Food and Beverage: Restaurant, cafeteria, and cafe services including breakfast (500₺), dinner (900₺), and beverage services at Main Cafe, Lobby Cafe, and Pool Cafe locations.
5. Meeting and Event Venue Rental: Meeting room and event venue rental for conferences, seminars, and social events with capacity up to 200 people, including technical equipment (LCD TV, projector, sound system) and catering.
6. Fitness Memberships: Fitness center access for non-resort guests through monthly or annual membership packages. Resort guests have free access.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels2 records

Core offering

Körfez Termal operates a thermal resort and timeshare property in Güre, Edremit/Balıkesir, Turkey, selling deeded timeshare apartment units (2+1 Standard, 3+1 Large, 3+1 Roof Duplex, 4+1 Garden Duplex) with permanent property title (kat mülkiyeti) under Urban Transformation Law 6306. The resort offers full hospitality services including a 2,500 m² dual-gender SPA center with proprietary thermal water, fitness centers, beauty and massage services, food and beverage, a 200-person meeting/event venue, and recreational activities for individual consumers and families.

Product overview

Körfez Termal is a thermal resort and timeshare property located in Güre, Balıkesir, Turkey at the foothills of Kaz Dağları overlooking the Aegean Sea. The resort operates a multi-product architecture comprising: (1) Four apartment types for timeshare ownership and rental - 2+1 Standard (55m²), 3+1 Large (76m²), 3+1 Roof Duplex (120m²), and 4+1 Garden Duplex (110m²); (2) Dual-gender SPA centers (2,500m² total) with thermal pools, swimming pools, hammam, sauna, steam rooms, and rooftop pools; (3) Beauty and wellness center offering treatments including aqua peel and lymphatic drainage; (4) Fitness centers, meeting room (200-person capacity), restaurant, cafes, market, children's club, prayer room, and medical facility. The timeshare model provides full deeded ownership (kat mülkiyeti) rather than usage rights, with tax benefits under Urban Transformation Law 6306.

Differentiator

Problem solved

Functional benefit

Products and services

• Timeshare (Devre Mülk) Ownership Deeded timeshare property ownership model where buyers receive permanent property deed registration. Owners can sell, transfer, rent, or bequeath their property. Available across four apartment configurations. Targets individual property investors and family vacation home buyers.
• 2+1 Standard Apartment A 55 m² apartment unit ideal for small families of 3-5 guests with 2 beds. Includes living area, bedroom, bathroom, balcony, kitchen appliances, air conditioning, TV, refrigerator, washing machine, and direct thermal water access in bathtub. Available for timeshare purchase or nightly rental.
• 3+1 Large Apartment
• 3+1 Roof Duplex
• 4+1 Garden Duplex
• Resort Apartment Rental
• SPA and Massage Services 2,500 m² SPA center offering classic massage, aromatherapy, anti-stress, and deep tissue massage, plus therapies and care treatments. Professional team provides year-round services to resort guests and external visitors.
• Beauty Center Services
• Fitness Center Memberships
• Meeting and Event Venue Rental
• Restaurant Service
• Local Products Sales Center
• Children's Club Activities

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• D-Hotel Maris: Luxury resort in the Turkish Aegean region combining beach, spa, and wellness experiences, targeting a similar premium domestic and inbound leisure traveler; highly comparable on product mix and geography.
• Limak Ambassadore: Thermal/wellness hotel group in Turkey with a similar positioning around SPA, thermal pools, and family/retreat stays; directly competes for the same wellness-seeking domestic tourist segment.
• Richmond Nua Wellness Spa: Thermal wellness resort on the eastern Marmara/Aegean coastline of Turkey, also centered on certified thermal water and a comprehensive SPA offering, making it the closest direct competitor in category, customer profile, and service mix.

Regional players

• Sherwood Hotels & Resorts: Turkish resort operator focused on family- and activity-oriented all-inclusive stays; comparable on Turkish family vacation customer base and resort amenity mix, though less centered on thermal wellness.

Broad incumbents

• NG Hotels: Turkish hotel operator with multiple thermal and leisure properties across coastal and spa destinations; overlaps on wellness/thermal offering and domestic Turkish customer base but runs a broader portfolio.
• Kempinski Hotel The Dome: Established luxury resort with thermal SPA in Turkey, part of a global luxury hotel group; comparable in luxury thermal wellness positioning but operates at materially larger scale and broader distribution.
• Swissôtel The Bosphorus: Luxury international hotel with a strong wellness/SPA focus in Turkey; comparable in upper-end wellness positioning and meeting/event capacity, though it is a city/Bosphorus property rather than a thermal resort.
• Sheraton Çeşme Hotel, Resort & Spa: International-brand Aegean resort with extensive SPA, beach, and meeting facilities, competing for similar leisure and group events customers in the Turkish Aegean region.
• Rixos Downtown Antalya / Rixos Thermal: Large international-affiliated luxury resort operator with thermal/wellness properties in Turkey, offering similar SPA + thermal + F&B combinations but at significantly larger scale and price points.

Emerging players

• Wyndham Vacation Clubs / Marriott Vacation Club: Timeshare/vacation ownership operators with global distribution and owner-management infrastructure; relevant for benchmarking Körfez Termal's deeded timeshare model, though they serve a broader international customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Instagraminstagram.com/p/C6WROyFsl3C
• LinkedInlinkedin.com/company/k%C3%B6rfez-termal

Revenue estimate

Valuation estimate

Number of profiles

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 Körfez Termal