ANALYSE THE MARKET OF THE REAL ESTATE FOR LEISURE IN BARCELONA 1) EXPLORE A REAL

Question

ANALYSE THE MARKET OF THE REAL ESTATE FOR LEISURE IN BARCELONA 1) EXPLORE A REAL ESTATE PROPERTY FOR LEISURE (RESORTS, GOLF CLUB, CINEMAS, THEMATIC PARK, ...) AND IDENTIFY AND DESCRIBE THE ATTRIBUTES THAT DEFINE THIS TYPE OF PROPERTY 2) IDENTIFY AND DESCRIBE THE PROVIDERS OF THE SERVICES FOR THIS TYPE OF REAI ESTATE ASSET (SERVICES). FROM YOUR POINT OF VIEW, WHAT OF THESE SERVICES ARE CRUCIAL? 3) TRY TO IDENTIFY DIFFERENT SEGMENTS OF THIS TYPE OF MARKET (REAL ESTATE PROPERTIES FOR LEISURE) 4) DESCRIBE THE SPECIFIC KEY FACTORS OF THE ENVIRONTMENT OF THIS SPECIFIC MARKET 5) IN YOUR OPINION, WHICH ELEMENT PROVIDES MORE VALUE TO THESE PROPERTIES?

Explanation / Answer

Answer: 1

In order to explore the real estate property for leisure like resort, golf club, cinemas, the matric part……etc., the real estate property should have following criteria so that they can be suitable for the business as below

The real estate property area should be adequate so that we can develop the required infrastructure at this location with respect to the demand in the market.

The real estate property should be in the central location or at crowd location, so that consumers can easily walk through the location and they could not phase any major issue /problem in approaching to this location.

The location should be likes by consumers and the location should not creates issue for the target business model.

Real estate on highways, crowd roads, town center, in existing large market place, large pass rate of consumers etc. are generally suitable for such business models because it facilitates the consumers

The parking and road conditions should be good so that consumers can easily reach to the locations.

Identification and description of the attributes that define this type property are as below:

Adequate area of the real estate property to suit the business requirements

Easily approachable for consumers

Easy to collect consumers

Common place for consumers

Common place for suppliers

Easy for logistics and transportations

Easy connectivity in the target market

Adequate facility and infrastructure for the given business model.

Real estate meets the legal requirements and is an approved property for commercial use.

All the above are critical attributes that defines the real estate property for any of the above business model and thus the real estate property should be supportive for the business instead of creating issues/problems for consumers.

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