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Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this an item of real property, buildings or housing in general. Residential real estate may contain either a single family or multifamily structure that is available for occupation or for non-business purposes. Residences can be classified by and how they are connected to neighbouring residences and land. Different types of housing tenure can be used for the same physical type. Commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings.
Latin America is the portion of the Americas comprising countries and regions where Romance languages—languages that derived from Latin—such as Spanish, Portuguese, and French are predominantly spoken. The term was originally used to refer to places in the Americas that were ruled under the Spanish, Portuguese, and French empires. Latin America consists of 20 countries and 14 dependent territories that cover an area that stretches from Mexico to Tierra del Fuego and includes much of the Caribbean. It has an area of approximately 19,197,000 km2 (7,412,000 sq mi), almost 13% of the Earth's land surface area. As of March 2, 2020, the population of Latin America and the Caribbean was estimated at more than 652 million, and in 2019, Latin America had a combined nominal GDP of US$5,188,250 million and a GDP PPP of US$10,284,588 million. Countries in Latin America - Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the Dominican Republic, Uruguay.