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Title: LUXURY REAL ESTATE MARKET IN POLAND
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LUXURY REAL ESTATE MARKET IN POLAND
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1314-2704
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English
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19
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2.2
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In comparison with West Europe, Polish luxury residential real estate market is characterised by a relatively low level of prices and a relatively low number of properties with very luxurious character. Transactions concerning luxury apartments constitute approximately 1% of all transactions of sale of residential real estate in the largest cities in Poland. Due to the growing income and improving level of life, demand for luxury apartments in Poland is constantly increasing, and the market has good perspectives for development.
The objective of the article was the presentation of the genesis of the luxury real estate market in Poland and the analysis of its current state. Based on the example of the Warsaw real estate market in the study period, maps of spatial distribution of transaction prices of luxury residential properties were prepared, as well as diagrams of spatial distribution of transaction prices of luxury apartments in selected skyscrapers. The analyses were supported by geostatistical methods available in popular GIS applications. Both deterministic and stochastic interpolation methods were applied for the estimation of the value of transaction prices in particular districts of Warsaw. |
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conference
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19th International Multidisciplinary Scientific GeoConference SGEM 2019
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19th International Multidisciplinary Scientific GeoConference SGEM 2019, 30 June - 6 July, 2019
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Proceedings Paper
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STEF92 Technology
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International Multidisciplinary Scientific GeoConference-SGEM
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Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac
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197-206
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30 June - 6 July, 2019
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website
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cdrom
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5489
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luxury real estate; residential real estate; transaction prices; GIS
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