Real estate property refers to any piece of land, along with any buildings or other structures that may be built on it, and any natural resources, such as water or mineral deposits, that may be found on or underneath the land. Real estate is a tangible asset that can be bought, sold, rented, or leased for various purposes, including residential, commercial, or industrial use.

The value of real estate properties is determined by various factors, such as the location, size, and condition of the property, as well as the state of the local real estate market. Real estate can be a valuable investment, as it can appreciate in value over time and provide a source of rental income.