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Business Finance

Real estate investments from Turkey grow in Greece

In recent years, Turkish investors have turned their gaze towards Greece, significantly impacting the real estate landscape. In 2023 alone, Turkish nationals invested €107 million in Greek property, a trend that continued to grow into 2025.

This surge in investment follows a broader pattern of increased foreign direct investment (FDI) from Turkey to Greece. By 2025, cumulative Turkish FDI in Greece reached €950 million, up from €762 million in 2024. This growth reflects a strong interest in the Greek property market amidst changing economic conditions.

Despite a slight dip in the overall annual figures, Turkish investment in Greek real estate hit €214 million in 2025. This figure underscores the resilience and attractiveness of the Greek property market for foreign investors.

Analysts have noted that while Turkish investments are on the rise, Greek FDI in Turkey has decreased, dropping to €10 million in 2025 from €13 million the previous year. This shift may indicate changing dynamics between the two nations as they navigate their economic relations.

Key statistics:

  • Turkish nationals invested €107 million in Greek real estate in 2023.
  • Cumulative Turkish FDI in Greece reached €950 million by 2025.
  • Investment from Turkey into Greek real estate was €214 million in 2025.
  • Greek FDI in Turkey fell to €10 million in 2025.

The implications of these capital flows are significant for both countries. For Turkish investors, Greece presents opportunities for growth and diversification. Meanwhile, for Greece, this influx of capital could bolster its economic recovery and stability.

As analysts project future trends, Heiwa Real Estate Co., Ltd. forecasts its revenues to reach JP¥63.8 billion by 2027—an increase of 25%. Such optimistic earnings forecasts may inspire confidence among investors looking to capitalize on emerging markets like Greece.

The evolving relationship between Turkey and Greece through these investments reveals much about regional economic strategies and aspirations. As both nations adapt to new realities, the property market will likely remain a focal point for future collaborations and investments.