Real estate and real property certainly sound very similar, and the two concepts have a lot to do with each other, but there are subtle differences between them. [...]
Real estate is a term that refers to the physical land, structures, and resources attached to it.
Real property includes the physical property of the real estate, but it expands its definition to include a bundle of ownership and usage rights.(Investopedia).
Property prices have shot up recently.
The tax increase amounts to an extra $3 a month for the average property owner.(Longman Business Dictionary).