Turkish Overseas Real Estate Investment Hits $2.4 Billion in 11 Months
"AA: Turkish residents' overseas property purchases reached a record $2.4B in the first 11 months of 2025. Woven CEO Burak Ustaoğlu highlights a 12-fold growth in the trend over 4 years."
All-Time High in Overseas Property Investment
According to the Central Bank of the Republic of Turkey (TCMB), the amount spent by Turkish residents on overseas real estate reached $2.423 billion in the Jan-Nov 2025 period. This represents a 26.2% increase compared to the same period last year, marking an all-time high for Turkish capital outflow into global property markets.
Key destinations include the UAE (Dubai), Greece, the UK, and the USA. Dubai remains a top choice due to its short 12-15 year ROI periods and tax advantages, while Greece attracts buyers through its Golden Visa program and strong short-term rental market.
Burak Ustaoğlu: "Investment Trend Grew 12-Fold in 4 Years"
International real estate expert and Woven CEO Burak Ustaoğlu provided perspective on this massive scale-up. Ustaoğlu stated: "The annual level, which was $216 million in 2021, has now cumulatively surpassed the $2.6 billion mark. This signifies approximately a 12-fold growth in scale. The upward trend in overseas investment has been incredibly steep," he noted.
Three Key Motivations: Risk, Returns, and Life Planning
According to Ustaoğlu, three main factors drive Turkish investors abroad: currency risk and asset diversification, ROI calculations, and the visa/residency equation. He observed that in hubs like Dubai, London, and Athens, the demand often starts as a pure investment but quickly evolves into long-term family planning. Alternative markets like Baku and Montenegro are also gaining traction due to more accessible entry budgets.
Source: Anadolu Agency – Full Report