Top Countries Turkish Buyers Choose for Overseas Property
"Ekonomist: Turkish overseas property spending hit $2.4B in Jan–Nov 2025. UAE, Greece, USA and UK top the list. Average spend: €500K. Burak Ustaoğlu reports 12-fold growth since 2021."
Top Countries Turkish Buyers Choose for Overseas Property Revealed
How Much Are They Paying on Average?
According to TCMB balance of payments data, Turkish residents' spending on overseas property in January–November 2025 rose 26.2% year-over-year to $2.423 billion — an all-time record. The monthly peak was $288 million in August, with the lowest at $144 million in January.
1. UAE, Greece, USA and UK Lead the Rankings
GİGDER Chairman Bayram Tekçe identified the UAE and Greece as the two strongest markets, citing their geographic proximity and relative safety. He highlighted Dubai's institutional and transparent market, noting that while domestic Turkish amortization periods can reach 30 years, Dubai's stands at just 12–15 years.
Greece appeals to buyers seeking EU residency and Schengen free movement, but offers a shallower market than Dubai. The USA and UK attract buyers seeking FX-based income, residency, and education, while Northern Cyprus offers accessible entry via its pound-based market.
2. Average Payment: €500,000
Tekçe noted that Turkish buyers pay between €250,000 and €1 million under Golden Visa programs, with an average of €500,000. Buyers favor new, centrally located, low-maintenance properties. He also highlighted Spain (Malaga, Barcelona), Hungary, and EU-candidate Balkan countries as alternative markets offering affordable entry and visa flexibility.
