<abstract xmlns="http://www.w3.org/1999/xhtml"><p> One of the main tasks of real estate management is making decisions concerning the location of investments. Taking into consideration the fact that any investment affects, directly or indirectly, the economic development of a commune, it has a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. Upon performing tasks related to the economic development of a region and to an increase in the inhabitants’ quality of life, the activity of the local real estate market increases. The paper presents the role of spatial information systems as a source of data used in decision-making processes related to local investment site selection. Currently, there are spatial information systems functioning as a platform for multi-level information systems on real estate and GIS, on local, regional, national and international markets. In this way, the resources of spatial information are available to all institutions, natural and legal persons. As a result, the acquisition of a series of data can take place at any time and at no cost.</p></abstract>

One of the main tasks of real estate management is making decisions concerning the location of investments. Taking into consideration the fact that any investment affects, directly or indirectly, the economic development of a commune, it has a significant impact on the local real estate market. Investments that have a negative impact on the environment can contribute to a reduction in the activity of the local real estate market. Upon performing tasks related to the economic development of a region and to an increase in the inhabitants’ quality of life, the activity of the local real estate market increases. The paper presents the role of spatial information systems as a source of data used in decision-making processes related to local investment site selection. Currently, there are spatial information systems functioning as a platform for multi-level information systems on real estate and GIS, on local, regional, national and international markets. In this way, the resources of spatial information are available to all institutions, natural and legal persons. As a result, the acquisition of a series of data can take place at any time and at no cost.

THE ROLE OF SPATIAL INFORMATION SYSTEMS IN DECISION-MAKING PROCESSES REGARDING INVESTMENT SITE SELECTION

Real Estate Management and Valuation

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

One of the main tasks of real estate management is making decisions concerning the location of investments. Taking into consideration the fact that any...

THE ROLE OF SPATIAL INFORMATION SYSTEMS IN DECISION-MAKING PROCESSES REGARDING INVESTMENT SITE SELECTION

Published Online: Oct 21, 2017

Page range: 62 - 72

DOI: https://doi.org/10.1515/remav-2017-0023

Keywords
Infrastructure for Spatial Information, investments, location, real estate

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

THE ROLE OF SPATIAL INFORMATION SYSTEMS IN DECISION-MAKING PROCESSES REGARDING INVESTMENT SITE SELECTION

Published Online: Oct 21, 2017

Page range: 62 - 72

DOI: https://doi.org/10.1515/remav-2017-0023

KeywordsInfrastructure for Spatial Information, investments, location, real estate

© 2017

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Infrastructure for Spatial Information, investments, location, real estate