1. Real estate that has been improved with structures, infrastructure, or improvements, as opposed to raw or vacant land
The developed property included a house, garage, and landscaped garden.
A propriedade desenvolvida incluía uma casa, garagem e jardim paisagístico.
2. Land that has undergone construction, development, or improvement for residential, commercial, or industrial use
Banks typically offer better loan terms for developed property compared to undeveloped land.
Os bancos geralmente oferecem melhores condições de empréstimo para propriedade desenvolvida em comparação com terrenos não desenvolvidos.