A niche is specialized sector of the property market. Examples include income property, garden real estate

Garden real estate

A category in the niche real estate market containing property with good gardens. The market can be sub-classified as follows:* Property with gardens by well-known Landscape designers. This is normally the work of designers whose work has been published in books and magazines...

, condo

Condominium

A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights...

s, equestrian property, vacation property

Vacation property

Vacation property is a niche in the real estate market dealing with residences used for holiday vacations . In the United Kingdom this type of property is usually termed a holiday home, in Australia, a holiday house/home, or weekender, in New Zealand, a bach or crib...

, farm property

Arable land

In geography and agriculture, arable land is land that can be used for growing crops. It includes all land under temporary crops , temporary meadows for mowing or pasture, land under market and kitchen gardens and land temporarily fallow...

, golf property

Golf property

The term golf property is used to describe a niche in the property market: residential real estate linked to a golf course. Golf property can be in the ownership of the golf course or in proximity to the golf course...

, waterfront

Shore

A shore or shoreline is the fringe of land at the edge of a large body of water, such as an ocean, sea, or lake. In Physical Oceanography a shore is the wider fringe that is geologically modified by the action of the body of water past and present, while the beach is at the edge of the shore,...

 homes, beach house

Beach house

A beach house is a house on or near a beach, generally used as a vacation or second home for people who commute to the house on weekends or during vacation periods....

s and luxury homes

Luxury real estate

Luxury real estate is the real estate market niche targeted at the highest socio-economic group of consumers. -Definition:The characteristics that define luxury real estate differ among countries...

. These are often categories in which potential buyers think about the property they seek. They are also used by real estate marketing companies to reach these types of buyer. In this context a niche describes a specific segment of home buyers and sellers, classified by ethnicity, nationality or socio-economic group (eg social housing or luxury real estate

Luxury real estate

Luxury real estate is the real estate market niche targeted at the highest socio-economic group of consumers. -Definition:The characteristics that define luxury real estate differ among countries...

).