Real Estate , as a term, gives light on one of the aspects of wealth management—mutual funds, real estate , and savings schemes. Know what Real Estate is and how it works here. Real estate is a property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1][2] In terms of law ... Types of Real Estate Real estate encompasses several categories, each serving different purposes and markets. Residential real estate includes properties designed for people to live in. Examples are single-family homes, apartments, condominiums, townhouses, and vacation homes. Residential real estate offers living spaces for individuals and families. Commercial real estate includes properties used for business operations, including office spaces, retail locations, hotels, restaurants ... Real estate is defined as the land and any permanent structures or improvements attached to the land, whether natural or artificial.