Real estate refers to land and any permanent structures attached to it, such as buildings, homes, or improvements. It encompasses the physical land, the air above it, and the underground rights below it. Real estate is a critical asset class that plays a significant role in the economy, providing housing, commercial space, and investment opportunities.

Types of Real Estate

Real estate can be broadly categorized into several types:

Residential Real Estate:
Single-Family Homes: Stand-alone properties designed for one family.
Multi-Family Homes: Properties with multiple units, such as duplexes, triplexes, and apartment buildings.
Condominiums and Townhouses: Individual units within a larger complex or building.
Vacation Homes: Properties used for leisure purposes, often located in resort areas.
Commercial Real Estate:
Office Buildings: Spaces leased to businesses for office use.
Retail Spaces: Properties for businesses like shops, restaurants, and malls.
Industrial Properties: Facilities for manufacturing, warehousing, and distribution.
Hotels and Hospitality: Properties providing lodging and accommodations.

See more https://blog.hazibianinternational.com/2024/05/30/all-you-need-to-know-about-real-estate/