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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.
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. It can also be described as the southern subregion of a single continent called America. South America relies less on the export of both manufactured goods and natural resources than the world average; merchandise exports from the continent were 16% of GDP on an exchange rate basis, compared to 25% for the world as a whole. Brazil (the seventh largest economy in the world and the largest in South America) leads in terms of merchandise exports at $251 billion, followed by Venezuela at $93 billion, Chile at $86 billion, and Argentina at $84 billion. The main agrarian crops are export crops, such as soy and wheat. The production of staple foods such as vegetables, corn or beans is large, but focused on domestic consumption. Livestock raising for meat exports is important in Argentina, Paraguay, Uruguay and Colombia. In tropical regions the most important crops are coffee, cocoa and bananas, mainly in Brazil, Colombia and Ecuador. Traditionally, the countries producing sugar for export are Peru, Guyana and Suriname, and in Brazil, sugar cane is also used to make ethanol. On the coast of Peru, northeast and south of Brazil, cotton is grown. 50. 5% of South America's land surface is covered by forest, but timber industries are small and directed to domestic markets. The main industries are: electronics, textiles, food, automotive, metallurgy, aviation, naval, clothing, beverage, steel, tobacco, timber, chemical, among others. Exports reach almost US$400 billion annually, with Brazil accounting for half of this. Countries in South America - Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, French Guiana, Guyana, Paraguay, Peru, Suriname, Uruguay, Venezuela.