01667nas a2200217   4500000000100000000000100001000000100002008004100003653002600044653002200070653001100092100002500103700003400128700002600162245018400188856014700372300000900519490000700528520089400535022002001429       2019                            d10aHedonic Pricing Model10aPatios of Cordoba10aUNESCO1 aJuan Garcia del Hoyo1 aCeleste Jiménez de Madariaga1 aDavid Castilla Espino00aApproximation of the Value of an Asset Inscribed on the List of Intangible Cultural Heritage of UNESCO: Estimation of a Hedonic Price Model for the Fiesta of the Patios in Cordoba  uhttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85072672320&doi=10.2478%2fsaeb-2019-0020&partnerID=40&md5=2dcad2f3d130a49e393ed95c8559a375  a5-230 v663 aThe city of Cordoba (Spain) stands out due to the fact that it has different inscriptions both in the List of World Heritage Sites and the List of Intangible Cultural Heritage (LICH) of UNESCO. In 2012 the Fiesta of the Patios was inscribed on the LICH. Currently, this event held during two weeks in May involves visits by the public to traditional dwellings. This event is becoming a magnet for tourists from outside the city and has established itself as a further tourist attraction, with the risk that it may lose part of its authenticity. This paper aims to use the hedonic price methodology to examine the externalities deriving from the "Fiesta" in order to verify whether the possible benefits/disadvantages of its existence are capitalised in real estate prices and quantify these effects. The results indicate that the "Fiesta" constitutes an added value for housing properties.  a25011960 (ISSN)