Greece Becomes a Popular Destination for Turkish Real Estate Investors
Introduction
Greece is steadily strengthening its position as one of the most attractive destinations for real estate investments among Turkish citizens. According to the Central Bank of Turkey, Turkish investors spent around $2.51 billion on foreign real estate purchases in 2024. A significant portion of this capital was directed toward properties in Greece and Dubai.
Reasons for Growing Interest in Greece
The Greek real estate market appeals to Turkish investors for several reasons:
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Geographical proximity and cultural similarities
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Relatively affordable property prices
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High rental income potential, especially in tourist regions such as Athens, Thessaloniki, Crete, and Rhodes
Golden Visa Program
One of the key drivers of interest is the Golden Visa program, which grants a residence permit in exchange for property investments starting from €250,000 (in some areas — from €500,000). This is especially attractive to those considering relocation or starting a business in the European Union.
Asset Diversification Amid Economic Instability in Turkey
In light of Turkey's ongoing economic instability, more and more citizens are seeking ways to diversify their assets and protect their capital. Investing in real estate abroad — particularly within the EU — is viewed as a secure and forward-looking strategy.
Outlook for 2025
Experts forecast that the trend will continue in 2025. Growing demand from foreign buyers, especially from Turkey, and the steady rise in Greek property prices create a solid foundation for further market strengthening.
Conclusion
Greece continues to reinforce its position as a key destination for Turkish real estate investors. Favorable conditions, stability, and strong growth prospects make it an appealing choice both for capital preservation and long-term investment.
