1. A residential or commercial property that is affordable and priced below the market average, typically aimed at low-income buyers or renters
The government is investing in low-cost property development to address housing shortages.
O governo está investindo no desenvolvimento de imóveis de baixo custo para resolver a escassez de habitação.
2. Real estate with minimal amenities or in less desirable locations, offered at reduced prices
She purchased a low-cost property in the suburbs to renovate and resell.
Ela comprou um imóvel de baixo custo nos subúrbios para renovar e revender.