There is a number of ways to distinguish different groups of real estate. One of them is distinguishing according to the factual usage or purpose of the estate. While there is also a legal classification of property according to usage, this article refers to its practical, everyday functions. Considering this, there are three types of real estate:
residential
commercial
industrial
Residential property
Residential property is real estate designed for everyday living. It usually contains a number of sub-units, such as rooms, utilities, cooking area, etc., although there also are the so-c