Land, as well as any permanent improvements related to the land, whether natural or man-made, such as water, trees, minerals, buildings, dwellings, fences, and bridges, are referred to as real estate. Professional Real Estate is a type of real property. The three physical features that distinguish real estate from other assets include immobility, indestructibility, and uniqueness. Economic characteristics such as scarcity, improvements, the permanence of investment, and location or area preference, influence the property’s value as an investment. Real estate can be of several types. Residential real estate is referred to as any property used for residential purposes. Commercial Real Estate is referred to as any property used solely for business purposes. Industrial real estate is referred to as any property utilized for manufacturing, production, distribution, storage, or research and development.
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