Aplicação da teoria de preços hedônicos na análise da influência da distância à praia no valor dos imóveis residenciais em Aracaju/Se

Abstract

Based on the Theory of Hedonic Prices, this paper seeks to find the influence, in percentage terms, of the variable distance to the beach in determining the market values of apartment type properties in the South Zone of Aracaju-SE, which was limited through the most coastal neighborhoods of the city: Atalaia, Aruana and Coroa do Meio. For the purpose of this study, the variables that represent the intrinsic and extrinsic characteristics of the properties were considered, focusing on the analysis of the environmental amenity mentioned above. A hedonic equation was estimated, through multiple linear regression, with the aid of the commercial software SisDEA®, which satisfactorily represented the formation of property prices in the region. The results obtained made it possible to estimate a percentage of elasticity for the variable distance to the beach of 3,50 %, which represents the negative variation in the unit value of a property in this percentage for each increase of 280 meters in distance from the beach. This was possible to confirm through simulations of hypothetical properties, considering a variation of values only in the distance to the beach and the other constant variables. Finally, a potential-type trend line function was found that represents the percentage changes in the unit value, taking a seaside property as a reference, as the distance from the beach line increases. In that way, it is concluded that the properties located in the Atalaia and Coroa do Meio neighborhoods suffer a greater influence with regard to the distance to the beach than the properties in the Aruana neighborhood.