Influence of Parameters of Building Design to Effectiveness of Real Estate Development

Abstract:

Real estate development is in its essence the development process characterized by a considerable dynamics. The purpose of the development process is the creation of buildings which can be either rented by future unknown users or sold in the real estate market. A substantial part of the paper is dedicated to the analysis of the parameters solutions of buildings considering the future operating costs in a phase of designing. The above-indicated solutions are the main factor not only in determining the future operating costs but also in achieving the subsequent economic effectiveness of the real estate development.

• Periodical: Advanced Materials Research (Volumes 1065-1069)
• Pages: 2520-2524
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.1065-1069.2520
• Online since: December 2014
• Authors: Viera Somorová*
• Keywords: Development Process, Life Cycle Cost, Operating Costs, Payback Period of Investment, Price of a Lease

References

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[5] Trávnik, I.: Evaluation of the Economic Effectiveness of Public Works. STU, Bratislava, (2002), p.100.