Turkish investors are significantly increasing their presence in Greece’s real estate market, driven by Golden Visa opportunities. They channeled nearly €614 million ($720 million) into the sector over the past three years.
Turkish buyers accounted for €214 million in individual property purchases, making up over 90% of total foreign direct investment from Türkiye. In 2025, Turkish real estate investments in Greece reached 9.4% of total overseas property investments, which amounted to $2.7 billion.
Greece hosts more than 27,000 Golden Visa investors. Turkish nationals represent 17.6% of all applications. In 2025, authorities approved 8,879 new residence permits, with permits granted to Turkish investors rising 160% to 3,291.
Amid these developments, Damascus faces a surge in real estate fraud. This issue has become systemic since 2011, fueled by mass displacement and corruption. Zaher al-Saadi stated, “The problem is far more widespread than many realize.”
Authorities in Damascus have introduced new measures to curb forgery in property sales. These include stricter procedures aimed at protecting buyers from fraudulent transactions.
In Australia, the property market shows resilience despite global uncertainty and high interest rates. Ongoing housing undersupply contributes to this stability. In Melbourne, properties priced between $600,000 and $700,000 are viewed as value.
Real estate remains a vital investment avenue for many Turkish nationals amid rising prices and opportunities abroad. Observers expect continued growth in the Greek market as more Turkish investors seek Golden Visas.
