Turkish investors are showing record interest in purchasing real estate abroad. While foreign real estate investments were only $130 million in 2013, they exceeded $2.2 billion in 2024.
 

Turks are increasingly buying homes for residence domestically, while they have started purchasing investment properties abroad due to the influence of Golden Visa and citizenship programs. Teuta Narazan, Co-Founder of Vesta Global, emphasized the importance of the right location and price when acquiring Golden Visa and citizenship properties.
 

In Türkiye, Europe’s largest real estate market, the demand for home purchases has shifted from 'investment purposes' to 'residence purposes' in the past 4-5 years. The route for those wanting to buy property for investment purposes has increasingly shifted toward Golden Visa countries and areas with rental income in reserve currency. Noting that Turkish investors, who purchased only $130 million worth of real estate abroad in 2013, made over $2 billion in purchases last year, Teuta Narazan, Co-Founder of Vesta Global, pointed out that Golden Visa programs and citizenship programs have also encouraged purchasing investment properties abroad. "In recent years, Turkish investors have preferred countries with high-value appreciation and residence rights. European countries like Spain, Portugal, and Greece are particularly popular. One of the main reasons is the advantage of gaining the right to live in Europe and freedom of movement while making an investment. Additionally, the stable growth of real estate markets in these countries provides investors with long-term capital gains. We expect this trend to strengthen even further in the upcoming period," she said.
 

In this regard, Narazan emphasized that investors buying real estate abroad must pay attention to the right location and price, and said, "It is also important for the legal processes to proceed correctly. We provide the correct service to our investors in the shortest time possible. In Portugal, fund investments are gaining more prominence. The choice of which fund to invest in is important. The background and financial performance of the fund manager are crucial. We believe that advancing with this type of correct information and steps makes the investment valuable."
 

Golden Visa is in high demand for 250,000 euros in Greece

Greece's Golden Visa program offers a residence permit valid for five years to those who make real estate investments for 250,000, 400,000, or 800,000 euros, depending on the region. Golden Visa holders enjoy many advantages, such as the right to free movement within European Union countries. Narazan stated that the most favorable Golden Visa option is in Greece and reminded that although there is no specific date, the 250,000-euro Golden Visa program may be discontinued. "For this very reason, I can say that this is an important opportunity period for Golden Visa," she concluded.