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This research analyses the relation between building and housing attributes and energy consumption and CO2 emissions, considering the spatial dependence present on the Spanish residential market and the different climatic areas. The paper uses a hedonic model with spatial correlation. To measure the spatial dependence, we have combined the Lag Model and the Error Model. The data has been obtained from three different sources and merged in a complex geolocated database, for the provinces of Castellón and Valencia. The results of both regressions indicate that there is a spatial dependence in the sample and a relation between some building attributes and energy consumption and CO2 emissions. The regressions show the existence of low consumption and low emission clusters in the metropolitan area of Valencia and Castellón. Moreover, the endogenous variables indicate that characteristics such as the age, the size, the typology of the house building or dwelling, the use of the surface, or the climatic area have an effect in the energy consumption and the CO2 emissions of the houses in Castellón and Valencia.
Ana-María Martínez-Llorens; Paloma De La Paz; Raul-Tomas Mora-Garcia. Effect of The Physical Characteristics of a Dwelling on Energy Consumption and Emissions: The Case of Castellón And Valencia (Spain). Sustainability 2020, 12, 9747 .
AMA StyleAna-María Martínez-Llorens, Paloma De La Paz, Raul-Tomas Mora-Garcia. Effect of The Physical Characteristics of a Dwelling on Energy Consumption and Emissions: The Case of Castellón And Valencia (Spain). Sustainability. 2020; 12 (22):9747.
Chicago/Turabian StyleAna-María Martínez-Llorens; Paloma De La Paz; Raul-Tomas Mora-Garcia. 2020. "Effect of The Physical Characteristics of a Dwelling on Energy Consumption and Emissions: The Case of Castellón And Valencia (Spain)." Sustainability 12, no. 22: 9747.
This work examines the implementation of energy labelling by the residential real estate sector. First, it considers the interest by real estate sellers in not publishing energy certification information, and then, it quantifies the impact of the housing’s energy certification on the asking price. The results are compared with those obtained from other studies conducted in distinct European countries. The study’s final sample was collected, including information from 52,939 multi-family homes placed on the real estate market in the province of Alicante (Spain). One-way analysis of variance (ANOVA) was used, as well as an ordinary least squares regression model. This study highlights the fact that, in the current market, owners and sellers have no incentive to reveal the energy certification, since this permits them to sell homes with low energy ratings at prices similar to those of more energy efficient homes. In addition, it was found that homes with better energy ratings (letters A and B) are not sold at higher prices than homes with other rating letters, unlike the case of other European countries that were examined.
Maria-Francisca Cespedes-Lopez; Raul-Tomas Mora-Garcia; V. Raul Perez-Sanchez; Pablo Marti-Ciriquian. The Influence of Energy Certification on Housing Sales Prices in the Province of Alicante (Spain). Applied Sciences 2020, 10, 7129 .
AMA StyleMaria-Francisca Cespedes-Lopez, Raul-Tomas Mora-Garcia, V. Raul Perez-Sanchez, Pablo Marti-Ciriquian. The Influence of Energy Certification on Housing Sales Prices in the Province of Alicante (Spain). Applied Sciences. 2020; 10 (20):7129.
Chicago/Turabian StyleMaria-Francisca Cespedes-Lopez; Raul-Tomas Mora-Garcia; V. Raul Perez-Sanchez; Pablo Marti-Ciriquian. 2020. "The Influence of Energy Certification on Housing Sales Prices in the Province of Alicante (Spain)." Applied Sciences 10, no. 20: 7129.
En este artículo se estima el impacto que tienen las características de las viviendas alicantinas de segunda mano, en el precio de venta. Para desarrollar este trabajo, se ha utilizado información procedente de los portales inmobiliarios, que ofrecen datos relativos a cualidades que presentan las viviendas, el edificio, la situación geográfica y los precios de venta. El análisis se centra en la provincia de Alicante, utilizándose una regresión hedónica en la que las características que presentan las viviendas y la ubicación actúan como variables independientes y el precio de venta como dependiente. Los resultados muestran diferencias significativas en los precios de venta de las viviendas en función de las características y la ubicación, sugiriendo unos precios mayores para las viviendas situadas en las comarcas litorales del norte de Alicante, o para las que tienen piscina, jardín o garaje. Sin embargo, las situadas al sur o en el interior muestran un menor precio.
V. R. Pérez-Sánchez; R. T. Mora-García; J. C. Pérez-Sánchez; M. F. Céspedes-López. La influencia de las características de las viviendas de segunda mano en sus precios de venta: evidencias en el mercado alicantino. Informes de la Construcción 2020, 72, 345 .
AMA StyleV. R. Pérez-Sánchez, R. T. Mora-García, J. C. Pérez-Sánchez, M. F. Céspedes-López. La influencia de las características de las viviendas de segunda mano en sus precios de venta: evidencias en el mercado alicantino. Informes de la Construcción. 2020; 72 (558):345.
Chicago/Turabian StyleV. R. Pérez-Sánchez; R. T. Mora-García; J. C. Pérez-Sánchez; M. F. Céspedes-López. 2020. "La influencia de las características de las viviendas de segunda mano en sus precios de venta: evidencias en el mercado alicantino." Informes de la Construcción 72, no. 558: 345.
Studies have found that housing with energy performance certificates have a positive premium in sales price. However, other studies have obtained negative or unexpected results. The objective of this study is to determine whether or not housing with energy performance certificates (EPC) have positive premiums in the sales price. For this purpose, a systematic review, meta-analysis, and meta-regression of prior studies were conducted in order to determine whether the existence of an EPC influences sales price. A total of 66 documents were examined, with a total of 173 sales registers. The impact of having or not having an EPC was analyzed for housing sales price premiums on a global level, as well as the premiums in Europe for each of the ABCDEFG qualification letters. The results suggest that: 1) Globally speaking, it is estimated that housing with an EPC has an overall price premium of 4.20%, on a continent level, with premiums of 5.36% being obtained in North America, 4.81% in Asia, and 2.32% in Europe; 2) in Europe, the results are not conclusive with regards to the ABCDEFG qualification, since there is no consensus as to the letter base to be used as a reference for comparisons, thereby generating small comparable samples.
Maria-Francisca Cespedes-Lopez; Raul-Tomas Mora-Garcia; Perez- Sanchez. Meta-Analysis of Price Premiums in Housing with Energy Performance Certificates (EPC). Sustainability 2019, 11, 6303 .
AMA StyleMaria-Francisca Cespedes-Lopez, Raul-Tomas Mora-Garcia, Perez- Sanchez. Meta-Analysis of Price Premiums in Housing with Energy Performance Certificates (EPC). Sustainability. 2019; 11 (22):6303.
Chicago/Turabian StyleMaria-Francisca Cespedes-Lopez; Raul-Tomas Mora-Garcia; Perez- Sanchez. 2019. "Meta-Analysis of Price Premiums in Housing with Energy Performance Certificates (EPC)." Sustainability 11, no. 22: 6303.
The existence of a green premium in house (asking) prices in Alicante province, Spain, are analyzed using circa 9000 property observations. In developing the sample, information from energy efficiency certificates was matched with two other databases. The model tests for green premium by climatic zones using pool Ordinary Least Squares (pool-OLS) and Instrumental Variables (IV) hedonic models, adds new knowledge concerning the existence of green premiums from Southern Europe, explores differences in their estimation by climatic zone, debates the nature of the estimated green parameters, and explains the role of endogeneity in hedonic green premium models. The empirical evidence assesses the sensitivity of asking price to either energy consumption (KWh) or carbon dioxide emissions (CO2) with an apparent premium of 3%, and captures an association with efficiency rating from G to F of 1.8% and from F to E of 1.1%. Significantly, the results relating to price responses show a distinct variation between the coast and the cooler climatic zone of the interior. The paper shows that energy efficiency incentive policies should discriminate by climatic areas, and provides a price reference by which to assess the amount of incentives needed to achieve European Union (EU) objectives.
Paloma Taltavull De La Paz; V. Perez-Sanchez; Raul-Tomas Mora-Garcia; Juan-Carlos Perez-Sanchez. Green Premium Evidence from Climatic Areas: A Case in Southern Europe, Alicante (Spain). Sustainability 2019, 11, 686 .
AMA StylePaloma Taltavull De La Paz, V. Perez-Sanchez, Raul-Tomas Mora-Garcia, Juan-Carlos Perez-Sanchez. Green Premium Evidence from Climatic Areas: A Case in Southern Europe, Alicante (Spain). Sustainability. 2019; 11 (3):686.
Chicago/Turabian StylePaloma Taltavull De La Paz; V. Perez-Sanchez; Raul-Tomas Mora-Garcia; Juan-Carlos Perez-Sanchez. 2019. "Green Premium Evidence from Climatic Areas: A Case in Southern Europe, Alicante (Spain)." Sustainability 11, no. 3: 686.
After almost a decade of crisis, the housing market in Spain shows significant signs of recovery, with increases in both the average price and the number of sales transactions. Housing is the main asset for the majority of households, and it also has the most resources devoted to it, thus, when it comes to buying a residence, people do not only look at the asset’s intrinsic characteristics, but also consider other particularities such as the neighbourhood, accessibility to services, availability of public transport or adequate funding. The study aimed to analyse and quantify the relationship that exists between the asking price of second-hand housing on the market in Alicante and the attributes that characterise them. This was done using a multivariate analysis to estimate a hedonic pricing model by ordinary least squares and a quantile regression to analyse the impact of the characteristics in different price ranges. The results show the segmentation of the prices in the Alicante market, with higher prices in the northern coastal area over the southern and inland comarcas.
Raul-Tomas Mora-Garcia; Maria-Francisca Cespedes-Lopez; V. Raul Perez-Sanchez; Pablo Marti; Juan-Carlos Perez-Sanchez. Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression. Sustainability 2019, 11, 437 .
AMA StyleRaul-Tomas Mora-Garcia, Maria-Francisca Cespedes-Lopez, V. Raul Perez-Sanchez, Pablo Marti, Juan-Carlos Perez-Sanchez. Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression. Sustainability. 2019; 11 (2):437.
Chicago/Turabian StyleRaul-Tomas Mora-Garcia; Maria-Francisca Cespedes-Lopez; V. Raul Perez-Sanchez; Pablo Marti; Juan-Carlos Perez-Sanchez. 2019. "Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression." Sustainability 11, no. 2: 437.
Breakthrough changes in the rental market have occurred with the introduction of peer-to-peer accommodation services such as Airbnb. This phenomenon is attracting tourists who contribute to the sustainability of local trade and the economic development of the city. This research enriches the current debate on the range of factors that influence Airbnb accommodation prices. To that end, a method was developed to understand the relationship between Airbnb accommodation attributes and listing prices; and to consider variables related to the properties’ location and surrounding urban environment, considering the touristic characteristics of the four Spanish Mediterranean Arc cities selected as case study. A multivariable analysis technique is used for estimating a hedonic price model that adopts the ordinary least squares and the quantile regression methods. The findings obtained for the impact of location on listing prices are contrary to previous studies. In fact, accommodation prices increase incrementally by 1.3% per kilometer from the tourist area, which in all four cases are situated in the historic area of the city. However, at the same time, accommodation prices decrease incrementally as distance from the coastline increases. Lastly, results related to how the listings’ accommodation, host, and advertising characteristics impact Airbnb prices concur with previous studies.
V. Raul Perez-Sanchez; Leticia Serrano-Estrada; Pablo Marti; Raul-Tomas Mora-Garcia. The What, Where, and Why of Airbnb Price Determinants. Sustainability 2018, 10, 4596 .
AMA StyleV. Raul Perez-Sanchez, Leticia Serrano-Estrada, Pablo Marti, Raul-Tomas Mora-Garcia. The What, Where, and Why of Airbnb Price Determinants. Sustainability. 2018; 10 (12):4596.
Chicago/Turabian StyleV. Raul Perez-Sanchez; Leticia Serrano-Estrada; Pablo Marti; Raul-Tomas Mora-Garcia. 2018. "The What, Where, and Why of Airbnb Price Determinants." Sustainability 10, no. 12: 4596.
In recent years, and despite the effects of the economic crisis in the building sector, technicians involved in the architectural process had to adapt...
Juan Carlos Pérez-Sánchez; Raúl Tomás Mora-García; Vicente Raúl Pérez-Sánchez; Beatriz Piedecausa-García. FROM CAD TO BIM: A NEW WAY TO UNDERSTAND ARCHITECTURE. Building Information Modelling (BIM) in Design, Construction and Operations II 2017, 169, 45 -54.
AMA StyleJuan Carlos Pérez-Sánchez, Raúl Tomás Mora-García, Vicente Raúl Pérez-Sánchez, Beatriz Piedecausa-García. FROM CAD TO BIM: A NEW WAY TO UNDERSTAND ARCHITECTURE. Building Information Modelling (BIM) in Design, Construction and Operations II. 2017; 169 ():45-54.
Chicago/Turabian StyleJuan Carlos Pérez-Sánchez; Raúl Tomás Mora-García; Vicente Raúl Pérez-Sánchez; Beatriz Piedecausa-García. 2017. "FROM CAD TO BIM: A NEW WAY TO UNDERSTAND ARCHITECTURE." Building Information Modelling (BIM) in Design, Construction and Operations II 169, no. : 45-54.
V.R. Pérez-Sánchez; María Francisca Céspedes-López; Raúl Tomás Mora García; B. Piedecausa-García. THE USE OF 3D CONSTRUCTIVE MODELS AND PUBLIC PRESENTATIONS AS A TEACHING METHODOLOGY IN THE SUBJECT “CONSTRUCTION OF NON-STRUCTURAL ELEMENTS”. INTED2017 Proceedings 2017, 1, 9152 -9159.
AMA StyleV.R. Pérez-Sánchez, María Francisca Céspedes-López, Raúl Tomás Mora García, B. Piedecausa-García. THE USE OF 3D CONSTRUCTIVE MODELS AND PUBLIC PRESENTATIONS AS A TEACHING METHODOLOGY IN THE SUBJECT “CONSTRUCTION OF NON-STRUCTURAL ELEMENTS”. INTED2017 Proceedings. 2017; 1 ():9152-9159.
Chicago/Turabian StyleV.R. Pérez-Sánchez; María Francisca Céspedes-López; Raúl Tomás Mora García; B. Piedecausa-García. 2017. "THE USE OF 3D CONSTRUCTIVE MODELS AND PUBLIC PRESENTATIONS AS A TEACHING METHODOLOGY IN THE SUBJECT “CONSTRUCTION OF NON-STRUCTURAL ELEMENTS”." INTED2017 Proceedings 1, no. : 9152-9159.
B. Piedecausa-García; J.C. Pérez-Sánchez; Raúl Tomás Mora García; María Francisca Céspedes-López; J.M. Mateo-Vicente. VIRTUAL MODELS: AUGMENTED REALITY AS A TEACHING TOOL FOR CONSTRUCTION SYSTEMS. INTED2017 Proceedings 2017, 1, 9052 -9058.
AMA StyleB. Piedecausa-García, J.C. Pérez-Sánchez, Raúl Tomás Mora García, María Francisca Céspedes-López, J.M. Mateo-Vicente. VIRTUAL MODELS: AUGMENTED REALITY AS A TEACHING TOOL FOR CONSTRUCTION SYSTEMS. INTED2017 Proceedings. 2017; 1 ():9052-9058.
Chicago/Turabian StyleB. Piedecausa-García; J.C. Pérez-Sánchez; Raúl Tomás Mora García; María Francisca Céspedes-López; J.M. Mateo-Vicente. 2017. "VIRTUAL MODELS: AUGMENTED REALITY AS A TEACHING TOOL FOR CONSTRUCTION SYSTEMS." INTED2017 Proceedings 1, no. : 9052-9058.
Raúl Tomás Mora García; V.R. Pérez-Sánchez; María Francisca Céspedes-López; B. Piedecausa-García. TEACHERS' FEATURES IN THE DEGREE OF BUILDING ENGINEERING AT THE UNIVERSITY OF ALICANTE. EDULEARN16 Proceedings 2016, 1, 974 -981.
AMA StyleRaúl Tomás Mora García, V.R. Pérez-Sánchez, María Francisca Céspedes-López, B. Piedecausa-García. TEACHERS' FEATURES IN THE DEGREE OF BUILDING ENGINEERING AT THE UNIVERSITY OF ALICANTE. EDULEARN16 Proceedings. 2016; 1 ():974-981.
Chicago/Turabian StyleRaúl Tomás Mora García; V.R. Pérez-Sánchez; María Francisca Céspedes-López; B. Piedecausa-García. 2016. "TEACHERS' FEATURES IN THE DEGREE OF BUILDING ENGINEERING AT THE UNIVERSITY OF ALICANTE." EDULEARN16 Proceedings 1, no. : 974-981.
J.C. Pérez-Sánchez; B. Piedecausa-García; Raúl Tomás Mora García; María Francisca Céspedes-López. ONLINE TEACHING IN CONSTRUCTION OF STRUCTURES: PARTICIPATIVE TOOLS. EDULEARN16 Proceedings 2016, 1, 8128 -8134.
AMA StyleJ.C. Pérez-Sánchez, B. Piedecausa-García, Raúl Tomás Mora García, María Francisca Céspedes-López. ONLINE TEACHING IN CONSTRUCTION OF STRUCTURES: PARTICIPATIVE TOOLS. EDULEARN16 Proceedings. 2016; 1 ():8128-8134.
Chicago/Turabian StyleJ.C. Pérez-Sánchez; B. Piedecausa-García; Raúl Tomás Mora García; María Francisca Céspedes-López. 2016. "ONLINE TEACHING IN CONSTRUCTION OF STRUCTURES: PARTICIPATIVE TOOLS." EDULEARN16 Proceedings 1, no. : 8128-8134.
Raúl Tomás Mora García. THE KERNEL DENSITY ESTIMATION FOR THE VISUALIZATION OF SPATIAL PATTERNS IN URBAN STUDIES. 15th International Multidisciplinary Scientific GeoConference SGEM2015, INFORMATICS, GEOINFORMATICS AND REMOTE SENSING 2011, 1 .
AMA StyleRaúl Tomás Mora García. THE KERNEL DENSITY ESTIMATION FOR THE VISUALIZATION OF SPATIAL PATTERNS IN URBAN STUDIES. 15th International Multidisciplinary Scientific GeoConference SGEM2015, INFORMATICS, GEOINFORMATICS AND REMOTE SENSING. 2011; ():1.
Chicago/Turabian StyleRaúl Tomás Mora García. 2011. "THE KERNEL DENSITY ESTIMATION FOR THE VISUALIZATION OF SPATIAL PATTERNS IN URBAN STUDIES." 15th International Multidisciplinary Scientific GeoConference SGEM2015, INFORMATICS, GEOINFORMATICS AND REMOTE SENSING , no. : 1.