Dubai, Greece dominate as Turks boost overseas property investments
Residents of Türkiye spent more than $2.5 billion purchasing overseas real estate last year, according to official data, lured in part by golden visa programs, with Dubai and Greece dominating demand. The spending marked a 20.5% increase compared to 2024, according to the balance of payments data released by the Central Bank of the Republic of Türkiye (CBRT). The upward trend continued in January, with $144 million already spent on real estate purchases. The demand for properties abroad has also been driven by surging prices in Türkiye, which worsens returns...