Русско-англо-русский юридический словарь

1. immovable property (в странах с континентальной системой права);

2. real estate (в странах с англосаксонской системой права);

3. real property (менее употребительный термин по сравнению с real estate; по своему смыслу понятие real property близко к real estate, отличие между ними состоит в том, что real property включает в себя не только имущество (напр., земельный участок, здание и т. п.), но и совокупность имущественных прав на него; таким образом, real property – это недвижимое имущество в широком смысле (материальные ценности + нематериальные блага в виде имущественных прав), в то время как real estate – это недвижимое имущество в узком смысле, т. е. только материальные ценности);

4. property /ˈprɒp.ət.i/ US (синоним real estate);

Примеры употребления

The law now broadly distinguishes between real property (land and anything affixed to it) and personal property (everything else, e.g., clothing, furniture, money). English law has retained the common law distinction between real property and personal property, whereas the civil law distinguishes between "movable" and "immovable" property. (Wikipedia)

Real property is property in the form of land, what lies beneath the land, and objects fixed to the land. For example, if someone owns a house, this is considered real property, as are the mineral deposits underneath the house and the land the house physically stands on. People may refer to real property as real estate or immovable property. The common law terms equivalent to immovable property are “real property” or “real estate.” (WiseGEEK)

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)