RT Journal Article
T1 Landscape value in the spanish Costa del Sol’s real estate market: the case of Marbella.
A1 Castro Noblejas, Hugo
A1 De Paola, Pierfrancesco
A1 Vías-Martínez, Jesús María
K1 Costa del Sol
K1 Promoción inmobiliaria
K1 Paisaje - Marbella
K1 Marbella - Viviendas
AB 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.
PB MDPI
YR 2023
FD 2023-04-29
LK https://hdl.handle.net/10630/27026
UL https://hdl.handle.net/10630/27026
LA eng
NO Castro Noblejas H, De Paola P, Vías Martínez J. Landscape Value in the Spanish Costa del Sol’s Real Estate Market: The Case of Marbella. Land. 2023; 12(5):987. https://doi.org/10.3390/land12050987
NO Partial funding for open access charge: Universidad de Málaga
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 25 ene 2026