Are Cave Houses a Sustainable Real Estate Alternative?
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Título: | Are Cave Houses a Sustainable Real Estate Alternative? |
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Autor/es: | Céspedes-López, María Francisca | Mora García, Raúl Tomás |
Grupo/s de investigación o GITE: | Materiales y Sistemas Constructivos de la Edificación |
Centro, Departamento o Servicio: | Universidad de Alicante. Departamento de Edificación y Urbanismo |
Palabras clave: | Cave houses | Hedonic regression model | House sale prices | Price determinants | Energy rating |
Fecha de publicación: | 1-dic-2022 |
Editor: | MDPI |
Cita bibliográfica: | Cespedes-Lopez M-F, Mora-Garcia R-T. Are Cave Houses a Sustainable Real Estate Alternative? Land. 2022; 11(12):2185. https://doi.org/10.3390/land11122185 |
Resumen: | The high level of energy consumption of buildings has outlined the need for more sustainable and environmentally friendly constructions, which has led to cave houses now being more highly valued. This study looks to study whether sustainable constructions, such as cave houses, have an economic impact with regard to other construction types in the real estate market in Granada. Moreover, this study looks to determine whether energy rating is a relevant characteristic for the price of cave houses and whether the price determinants vary according to whether the house in question is a cave house or a single-family one. To develop this study, a final sample of 61,573 properties was used. A regression model estimated by ordinary least squares was performed. This study shows that cave houses are being marketed at higher prices than single-family houses. It was noted that energy rating is not an important characteristic for estimating the price of a cave house. Finally, in this type of housing, refrigeration equipment is not one of the determining characteristics for the price. |
URI: | http://hdl.handle.net/10045/130140 |
ISSN: | 2073-445X |
DOI: | 10.3390/land11122185 |
Idioma: | eng |
Tipo: | info:eu-repo/semantics/article |
Derechos: | © 2022 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). |
Revisión científica: | si |
Versión del editor: | https://doi.org/10.3390/land11122185 |
Aparece en las colecciones: | INV - MSCE - Artículos de Revistas |
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