Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.13091/1956
Title: Location Site Selection Preferences of Construction Firms that Offer Second Homes to Foreign Investors: The Case of Trabzon
Authors: Ünlü Öztürk, Ceren
Türk, Ersin
Keywords: AHP
housing supply to foreigners
location site selection
second home
AHS
ikincil konut
yabancılara konut arzı
yer seçimi
Publisher: Konya Technical University Faculty of Architecture and Design
Abstract: Purpose Being necessarily proactive, spatial plans should consider national and global developments. In Turkey, after legislative amendments of the 2000s, legal obstacles for foreign investment in house-ownership were eradicated, raising a significant demand for second homes. If the current planning process does not turn this demand into an opportunity, it will probably be one of its main threatening factors. This study aims to uncover the criteria affecting the locational choices of construction companies for their project area in supplying second homes for those investors, and rank them according to their importance. Design/Methodology/Approach A three-stage AHP was utilized. First, the objectives, criteria and sub-criteria affecting the locational choices of construction companies were determined and a hierarchical structure was set. Secondly, pairwise comparisons were made with the company officials. Thirdly, the relative and general weights of the criteria and sub-criteria were calculated and locational preferences for the project area were uncovered. The city of Trabzon, where the second home supply for the citizens of the countries in Arabian Peninsula increased after 2012, was chosen as the case.  Findings It is concluded that the development plan decisions are very effective in the locational selection of the project areas. The most important criteria in the selection process are found to be the nearby plan decisions, high unit/m2 sale price of flats, and plan decisions on the parcel, in turn. Moreover, the ones for the sub-criteria were found to be having nearby a CBD plan decision, development order, and having a nearby recreational area plan decision, in turn. Research Limitations/Implications Although there are many such construction companies, only two company officials volunteered to participate, yet the study still provides a basis for future work and an awareness for international dynamics of the city. Originality/Value The criteria affecting the locational choices of construction companies for their project area in supplying second homes for foreign investors were revealed and ranked. Pairwise comparisons in AHP were made simultaneously with the participants using a videoconference application, considering the risk of Covid-19. The study contributes to housing supply literature and guide spatial plans by introducing locational preferences of the firms.
Description: iconarpID: 636
iconarp:ART
URI: https://doi.org/10.15320/ICONARP.2021.184
https://iconarp.ktun.edu.tr/index.php/iconarp/article/view/636
https://iconarp.ktun.edu.tr/index.php/iconarp/article/view/636/310
https://hdl.handle.net/20.500.13091/1956
ISSN: 2147-9380
Appears in Collections:ICONARP - International Journal of Architecture and Planning

Show full item record



CORE Recommender

Page view(s)

148
checked on Mar 25, 2024

Download(s)

74
checked on Mar 25, 2024

Google ScholarTM

Check




Altmetric


Items in GCRIS Repository are protected by copyright, with all rights reserved, unless otherwise indicated.