Turkey referendum prompts fresh spike in house hunting

Turks buying in Greece

The number of Turks looking to buy Greek real estate rose further due to this month's referendum in the neighboring country, but almost none of the buyers from Turkey have any intention of moving to Greece, according to two leading real estate agents.

Concerns of political instability in Turkey have fuelled a buying spree of Greek real estate among Turks since last year's failed coup, helping breath life into a market where prices have fallen by more than 40% due to the crisis.