OPPORTUNITIES FOR DEVELOPMENT OF THE MARKET FOR LUXURY HOMES

Kristian Valchev

INTERNATIONAL SCIENTIFIC AND PRACTICAL CONFERENCE "CONSTRUCTION ENTREPRENEURSHIP AND REAL PROPERTY", 2019, issue 1, 201-210

Abstract: The luxury home market differs from the mass market by many criteria, some of which are the high price and the high demands of buyers. In these circumstances, the correctness of the announcement of this type of property on the market is of the utmost importance. The areas of concern indicate the need to develop a model by which real estate agents, as well as the people who buy or sell them, can make their own ad design in order to give buyers the most information about the characteristics of the home and to standardize the way of announcing luxury homes in Bulgaria.

Keywords: Characteristics; Development; Luxury homes; Model; Real estate market (search for similar items in EconPapers)
JEL-codes: R21 R23 R3 R58 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:vrn:emccon:y:2019:i:1:p:201-210

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