Trends of the Market for Luxury Homes Cover Image

Тенденции на пазара за луксозните жилища
Trends of the Market for Luxury Homes

Author(s): Kristian Valchev
Subject(s): Business Economy / Management
Published by: Икономически университет - Варна
Keywords: Characteristics; Luxury homes; Survey results
Summary/Abstract: The recovery of the economy from the crisis years has a positive impact on the real estate market. There is a significant increase in demand in the luxury segment, but in the conditions of the Bulgarian market, the idea of a luxury residential property is too broad - there is no standardization or characteristics to be met by such a homes. This implies the need for a wider study of this market segment, including the opinion of construction / investor companies, in order to outline the characteristics of luxury residential properties and the possibilities for their standardization. This report presents the results of a survey of the opinion of construction / investor companies about the market and the characteristics of luxury homes.