Prospects for development of “smart cities†in Bulgaria

This study studies the attitudes of young people in Sofia regarding potential purchase of real estate in highly urbanised city areas, as well as their knowledge and preferences concerning the so called “smart citiesâ€. The degree to which young people would be inclined to acquire properties in th...

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Main Authors: Nikolay STOENCHEV, Yana HRISCHEVA
Format: Article
Language:English
Published: Pro Universitaria 2021-02-01
Series:Smart Cities and Regional Development Journal
Subjects:
Online Access:https://scrd.eu/index.php/scrd/article/view/92
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author Nikolay STOENCHEV
Yana HRISCHEVA
author_facet Nikolay STOENCHEV
Yana HRISCHEVA
author_sort Nikolay STOENCHEV
collection DOAJ
description This study studies the attitudes of young people in Sofia regarding potential purchase of real estate in highly urbanised city areas, as well as their knowledge and preferences concerning the so called “smart citiesâ€. The degree to which young people would be inclined to acquire properties in these particular areas could determine the state of the property market in the long term. Information about young people’s preferences would help synchronise the opportunities provided by technologies with the users’ needs and their capabilities to adapt and benefit from technologies to their full capacity. An important aspect is the increasing means that need to be invested in a purchase of a home in a “smart cityâ€. It is useful to establish what part of the population could afford such an investment. Answering these questions would be useful to property developers and local governments equally, so they can update their priorities and meet the current needs of the population.
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issn 2537-3803
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series Smart Cities and Regional Development Journal
spelling doaj-art-4c2bbdd68cac4078849b6eda2f40fdd02025-08-20T02:17:56ZengPro UniversitariaSmart Cities and Regional Development Journal2537-38032021-02-015110.25019/scrd.v5i1.92Prospects for development of “smart cities†in BulgariaNikolay STOENCHEV0Yana HRISCHEVA1University of Forestry, SofiaUniversity of national and world economy, Sofia This study studies the attitudes of young people in Sofia regarding potential purchase of real estate in highly urbanised city areas, as well as their knowledge and preferences concerning the so called “smart citiesâ€. The degree to which young people would be inclined to acquire properties in these particular areas could determine the state of the property market in the long term. Information about young people’s preferences would help synchronise the opportunities provided by technologies with the users’ needs and their capabilities to adapt and benefit from technologies to their full capacity. An important aspect is the increasing means that need to be invested in a purchase of a home in a “smart cityâ€. It is useful to establish what part of the population could afford such an investment. Answering these questions would be useful to property developers and local governments equally, so they can update their priorities and meet the current needs of the population. https://scrd.eu/index.php/scrd/article/view/92smart citieselectronic technologiesresidential real estate
spellingShingle Nikolay STOENCHEV
Yana HRISCHEVA
Prospects for development of “smart cities†in Bulgaria
Smart Cities and Regional Development Journal
smart cities
electronic technologies
residential real estate
title Prospects for development of “smart cities†in Bulgaria
title_full Prospects for development of “smart cities†in Bulgaria
title_fullStr Prospects for development of “smart cities†in Bulgaria
title_full_unstemmed Prospects for development of “smart cities†in Bulgaria
title_short Prospects for development of “smart cities†in Bulgaria
title_sort prospects for development of a€oesmart citiesa€ in bulgaria
topic smart cities
electronic technologies
residential real estate
url https://scrd.eu/index.php/scrd/article/view/92
work_keys_str_mv AT nikolaystoenchev prospectsfordevelopmentofaœsmartcitiesainbulgaria
AT yanahrischeva prospectsfordevelopmentofaœsmartcitiesainbulgaria