Central and Eastern Europe real estate development within the second and holiday home markets
Barnett, Richard
Central and Eastern Europe real estate development within the second and holiday home markets - 2007 - Journal of Retail and Leisure Property 6(2) April 2007, 137-142(6) .
Describes the state and drivers of the recent boom in the second and holiday home market, both in terms of economic and cultural factors. The UK property market boom is providing the necessary equity for this extra purchasing power. As a result buyers are finding that they have more choice in terms of type and location of property. The market is driven by value rather than price, providing opportunities for smaller destinations to compete with mature resort locations. Developers need to buy into the market at the right time to obtain planning consent in such a dynamic market environment.
Europe
Central and Eastern Europe real estate development within the second and holiday home markets - 2007 - Journal of Retail and Leisure Property 6(2) April 2007, 137-142(6) .
Describes the state and drivers of the recent boom in the second and holiday home market, both in terms of economic and cultural factors. The UK property market boom is providing the necessary equity for this extra purchasing power. As a result buyers are finding that they have more choice in terms of type and location of property. The market is driven by value rather than price, providing opportunities for smaller destinations to compete with mature resort locations. Developers need to buy into the market at the right time to obtain planning consent in such a dynamic market environment.
Europe