Original scientific paper
https://doi.org/10.37741/t.69.2.1
Identifying the Factors Affecting Second-Home Purchase Decisions of Foreigners in Turkey: An Exploratory Mixed-Method Approach
Engin Üngüren
orcid.org/0000-0002-7223-2543
; Faculty of Economics and Administrative Sciences, Department of Business Administration, Alanya Aladdin Keykubat University, Alanya, Turkey
Yasar Yiğit Kaçmaz
; Alanya Municipality Academic Research Center, Alanya Municipality, Alanya, Turkey
Abstract
Turkey has been among the most preferred countries by foreigners for purchasing a "second home" (SH) since the beginning of the 2000s. This explorative and descriptive study aims to determine the factors which affect the purchasing behaviors of foreigners who have bought an SH in Turkey in the framework of nationalities. The study employed a sequential mixed method, which included quantitative and qualitative aspects. As a result of the qualitative research, it was found that the factors affecting the decisions of foreign residents to purchase a home in Alanya were grouped under four main themes and twelve subthemes. A quantitative method was conducted based on the results of the qualitative research as well as the literature review. The results of the study show that the SH purchasing behavior of foreigners and their intentions of purchasing are significantly differentiated according to nationalities. This study contributes insight into the issue of the SH buying behavior of foreigners and presents marketing and managerial implications.
Keywords
second-home; migration; international second-home residents; demography; Turkey
Hrčak ID:
259219
URI
Publication date:
21.6.2021.
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