Gocek Property Highligted for Investment Potential

I have just read a post that really enlightened me to the investment potential of a place I hadn't really looked at before, not on its own anyway. The post, by UK based Turkish property agent Spot Blue highlighted Gocek property as a great all rounder.

Normally I would take such posts with a pinch of salt, but it makes an argument that one can't really disagree with.

Gocek is a coastal resort area in Turkey, which in itself is capable of shouting investment potential, but Gocek is a protected area, having been a Registered Area of Special Protection since 1988, which prevents over-development and means that multi-storey properties are not allowed. This obviously gives Gocek property a kick of extra investment potential, because it will keep supply low allowing it to be outstripped by supply. The post says:

"It [being a Registered Area of Special Protection] makes Gocek popular with investors, obviously because the town's protected status protects it from over-development, which will mean that demand will eventually outstrip supply by some margin, causing price solidification and growth -- could it be the French Riviera of the future? Who knows?"

According to the post, Gocek being protected is also a draw for lifestyle buyers, because "it [the lack of multi-storey buildings] adds to the inherent beauty of the place; a place to step back in time to when you could still see the sky all around you in the town centre". On top of that Gocek also has four marinas, a warm climate and a gorgeous coastline to the Aegean.

Spot Blue are currently marketing Property in Turkey priced from as little as £25,000, and high end apartments in Gocek priced from £90,000.

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