Depreciation of Residential Buildings and Maintenance Strategies in Urban Multicultural Contexts

Giudice, Vincenzo Del; Paola, Pierfrancesco De; Morano, Pierluigi; Tajani, Francesco; Giudice, Francesco Paolo Del; Anelli, Debora

doi:10.1007/978-3-031-16926-7_16

Cited by 3 publications

(1 citation statement)

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“…Property prices are influenced by extrinsic and intrinsic factors, such as, e.g., maintenance state and quality of materials [2], comfort [3], safety [4][5][6], energy efficiency [7][8][9][10][11][12], social status of its owner [13] and the surroundings [14][15][16][17], environmental, historical or architectural amenities [18]. In the same way, real estate market is also conditioned by contextual socioeconomic factors [19,20] and the variation in the mode of real estate goods appreciation [21,22].…”

Section: Introductionmentioning

confidence: 99%

Landscape Value in the Spanish Costa del Sol’s Real Estate Market: The Case of Marbella

Noblejas

Paola

Martínez

2023

Land

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Housing prices are influenced by extrinsic and intrinsic factors. This study aims to highlight the economic impact of the perceived landscape on single-family houses prices in a Spanish Mediterranean urban area (Marbella). Considering the landscape an important added value in real estate markets, this study also explores the landscape elements that contribute the most to the value of housing. A particularly positive influence of mixed views (urban elements and Mediterranean scrub) and sea views is detected in the analysis. Sea views are highly requested in the local housing market, but due to the graded topographical layout of Marbella, it is not very difficult to have sea views for houses. The low importance of views on natural land areas is worth noting when one of the attractions of this municipality is that of a highly valued Mediterranean natural environment. Views on the old town centre are somewhere in between: although the old town centre is highly regarded, with a generally good state of preservation, the sampled properties have poorer quality perspectives, with reduced visual basins and views centred on the foreground, usually the houses opposite.

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