1. A small or unpretentious real estate holding of limited value or size
They purchased a modest property in the countryside for their retirement.
Eles compraram uma propriedade modesta no interior para sua aposentadoria.
2. A house or land with simple, functional features without luxury or ostentation
The family was content with their modest property despite its modest appearance.
A família estava satisfeita com sua propriedade modesta apesar de sua aparência simples.