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Publication
The Profile of Portuguese People when Choosing an Apartment
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Authors
Advisor(s)
Abstract(s)
It is important to study and to know the determining factors of the housing purchase business, as this
is often the greatest business deal in a family’s life. The purpose of this study is to identify the profile
of the Portuguese regarding the determining factors when searching for apartments to acquire. The
methodology used is based on a questionnaire that analyzes the determining factors in the choice of
apartments to acquire and the sociodemographic profile of Portuguese people looking for an
apartment. The sample consisted of 646 individuals who were looking for an apartment in different
regions of Continental Portugal. The determining factors in the choice of apartments have quite
adequate levels of validity and reliability, and four dimensions are obtained: negative externalities,
positive externalities, a business located on the ground floor and rational interest in proximity to
public services. Cluster analysis results show the formation of five clusters, classifying individuals
into a generic cluster, urban business cluster, urban services cluster, urban citizens cluster and elitist
cluster. This study is expected to contribute to increasing scientific knowledge on the topic and to help
real estate developers better match their clients' preferences.
Description
Keywords
Real estate risk Real estate rating Real estate externalities Housing location Real estate market
Citation
Santos, E. & Tavares, F. (2021). The profile of Portuguese people when choosing an apartment. Real Estate Management and Valuation, 29(2), 38-51. https://doi.org/10.2478/remav-2021-0012
Publisher
Sciendo