Comparative Analysis of the Quality Features of the Luxury, Urban Properties Announced in Sofia, London, Paris and Madrid Cover Image

Сравнителен анализ на качествените характеристики на обявените за луксозни, градски имоти в София, Лондон, Париж и Мадрид
Comparative Analysis of the Quality Features of the Luxury, Urban Properties Announced in Sofia, London, Paris and Madrid

Author(s): Kristian Valchev
Subject(s): Economy, Marketing / Advertising
Published by: Икономически университет - Варна
Keywords: Luxury homes; Quality features; Real estate market; Search; Standard
Summary/Abstract: The recovery of the European economy from the crisis years also reflects on the real estate market. The growth of some of the most intensely developing sectors such as Information and Communication Technologies, Energy, and the High-tech Industries have the consequence of raising incomes in these economic sectors as well as the interest in investment. Sofia, as a European capital, is also evolving in this direction - the real estate market is growing intensively, demand is far ahead of supply, and luxury city buyers themselves have requirements that are quite different from those 10 years ago. There is a market niche with growing and increasingly sustainable interest, the consumers of which turn the luxury real estate market into the buyer‘s market. This, in turn, raises the issue of the qualitative characteristics of such property. When looking for these features, this study compares luxury, residential property listings in Sofia, London, Paris and Madrid.

  • Page Range: 272-280
  • Page Count: 9
  • Publication Year: 2017
  • Language: Bulgarian