1. A piece of real estate of limited size, typically residential or agricultural land with modest dimensions
They purchased a small property in the countryside for their retirement.
Eles compraram uma pequena propriedade no interior para sua aposentadoria.
2. In legal contexts, a property holding below a certain size threshold, often with specific tax or regulatory implications
Small properties may qualify for agricultural tax exemptions.
Pequenas propriedades podem se qualificar para isenções fiscais agrícolas.