Turkish Overseas Real Estate Investment Breaks All-Time Record
"Sözcü: TCMB data shows Turkish overseas real estate investment rose 26.2% to exceed $2.4B in Jan–Nov 2025 — an all-time high. Experts point to returns, currency risk and visa advantages."
Turkish Overseas Real Estate Investment Breaks All-Time Record
According to TCMB balance of payments data, Turkish residents' spending on overseas property rose 26.2% in January–November 2025 to $2.423 billion, reaching an all-time high. Monthly peak was $288 million in August, with the lowest at $144 million in January. Experts highlight investment returns, currency risk, and visa/residency advantages as the key drivers behind the surge.
UK, USA, Greece and UAE Lead the Rankings
GİGDER Chairman Bayram Tekçe identified the UAE and Greece as the two strongest markets. He noted Dubai's secure, institutional, and transparent property market, emphasizing that while domestic Turkish amortization periods can reach 30 years, Dubai's stands at just 12–15 years. Turkish buyers pay an average of 500,000 euros under Golden Visa programs, favoring new, centrally located, low-maintenance properties.
Tekçe noted that US and UK demand is driven by USD/GBP income, residency, and education opportunities, while Northern Cyprus attracts buyers with its pound-based market. He also underlined that a more institutional domestic market would draw both Turkish and foreign investors back to Turkey.
Average Spend: €500K — Montenegro and Baku Also Rising
Ustaoğlu summarized the three core motivations: currency risk and asset diversification, return calculation, and life planning with visa/residency. Beyond Dubai, Greece, and the UK, he flagged Montenegro and Baku as emerging markets — with Baku distinguished by its accessible budgets and regional mobility appeal.