: It is a physical or intangible entity owned by an individual, group, or legal entity.
If you are writing to sell or rent, your goal is to move from listing "features" to selling "benefits". How to Write Listing Descriptions That Sell - Zillow property
: Property can be tangible (cars, equipment, furniture) or intangible (intellectual property, stocks). Real estate, often called "real property," is a major tangible asset class. : It is a physical or intangible entity