Real Estate
Business Lesson 13
Real Estate
Business Lesson 13
New Vocabulary
real estate
недвижимость
property
имущество, собственность
lease agreement
договор аренды
landlord
арендодатель
tenant
арендатор
down payment
первоначальный взнос
mortgage
ипотека
interest rate
процентная ставка
utility bills
коммунальные платежи
title deed
свидетельство о праве собственности
property taxes
налог на недвижимость
appraisal
оценка недвижимости
valuation
рыночная оценка
insurance
страховка
neighbourhood
район
suburbs
пригород
residential area
жилой район
crime rate
уровень преступности
amenities
удобства (инфраструктура)
shops nearby
магазины поблизости
schools in the area
школы в районе
parking space
парковочное место
property market
рынок недвижимости
market value
рыночная стоимость
asking price
запрашиваемая цена
boom
подъём (рынка)
decline
спад
investment
инвестиция
high demand
высокий спрос
affordable housing
доступное жильё
New Vocabulary
real estate
недвижимость
property
имущество, собственность
lease agreement
договор аренды
landlord
арендодатель
tenant
арендатор
down payment
первоначальный взнос
mortgage
ипотека
interest rate
процентная ставка
utility bills
коммунальные платежи
title deed
свидетельство о праве собственности
property taxes
налог на недвижимость
appraisal
оценка недвижимости
valuation
рыночная оценка
insurance
страховка
neighbourhood
район
suburbs
пригород
residential area
жилой район
crime rate
уровень преступности
amenities
удобства (инфраструктура)
shops nearby
магазины поблизости
schools in the area
школы в районе
parking space
парковочное место
property market
рынок недвижимости
market value
рыночная стоимость
asking price
запрашиваемая цена
boom
подъём (рынка)
decline
спад
investment
инвестиция
high demand
высокий спрос
affordable housing
доступное жильё
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Read the following article and practise new words and expressions

The Pros and Cons of Living in a Suburban Housing Estate


When Olivia and Mark moved into a newly built housing estate just outside the city, they were excited about starting a new chapter. Their semi-detached house came with a garden, a garage, and a spacious kitchen with built-in appliances. The residential area was quiet, the crime rate was low, and the local amenities included a supermarket, a school, and even a small park.
At first, everything seemed perfect. The house was affordable, especially compared to similar properties in the city centre, and the couple were happy to leave their cramped apartment behind. But after a few months, they started to notice some drawbacks. The commute to work took over an hour each way, and the public transport was unreliable. They also missed the energy of the city and having shops and cafes within walking distance.
Despite the inconvenience, Olivia and Mark decided to stay. They appreciated the sense of community and the comfort of having more space. They even considered taking out a mortgage to buy a larger property in the same area. After doing some research and contacting a real estate agent, they learned that property values in their neighbourhood were rising steadily.
While suburban life is not for everyone, for those seeking peace, affordability, and space, it can be an excellent choice. As Olivia puts it, “You have to weigh up your priorities. If you’re looking for a better work-life balance, this kind of lifestyle is hard to beat.”
Answer the questions to the text 1
  1. Where did Olivia and Mark move, and what type of house did they choose?
  2. What features did their new home include?
  3. What were the advantages of the residential area at first?
  4. Why did they consider the house affordable?
  5. What were some of the drawbacks they started noticing after a few months?
  6. How long did their commute to work take?
  7. What aspects of city life did they miss?
  8. Did Olivia and Mark decide to move again or stay in the same area?
  9. What future plan did they consider after settling in?
  10. What did the real estate agent tell them about property values in the neighbourhood?
  11. According to the text, what kind of people might suburban life be ideal for?
  12. What does Olivia say about choosing a lifestyle?
Do the exercises to the text 1
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Read TEXT 2

FREAKING STORIES FROM REDDIT.COM ABOUT SOME PECULIAR CASES RELATED TO NEIGHBORS

Can you guess what is the worst case described in here?
parrybea
Lady next door to my old house was constantly looking in the windows that faced her side of the house. She wasn't subtle about it, either. She would stand in her driveway and just stare into our windows. One was my bedroom window, the other for a spare room/junk room. She also let her dogs out to charge the fence any time I was out cutting the grass. I learned when the guy who lived on the other side of her got foreclosed on that she hated people living on either side of her. She did not want neighbors, period. Then why the hell did you choose to buy a house in the city?

SundayMorning Trisha
Underpanty Man. So named because he was always wearing a speedo. Mowing the lawn? Speedo. Getting the mail? Speedo. Petitioning the HOA to allow greater variations in paint colors? Speedo. We aligned politically because he was fighting the good fight for individual rights, but I never had a serious conversation with him.

losneverless
We had some neighbors behind us that lived in a duplex/twin. Creepy Neighbor had lived there for years when nice lady neighbor moved in. Her first morning in her new home she hears from the other side of the bathroom, "I am Beelzebub". Freaked her out. Turns out Creepy Neighbor was a Satanist who was giving him a pep talk from the other side of the wall. Dude drove around in a mini van with all kinds of small Satan-y things mounted to the dashboard. Needless to say Creepy Neighbor was not a great neighbor to her. But he brought us homemade Christmas cookies every year using his family's heirloom recipe.

gangstasss
Lady next door butchered her own chickens threw the heads over the fence, swore at us when we pulled up, once flashed a flashlight at my ex coming home in the dark so he saw her then flipped him off, shook body sized crucifixes at us, put canned food on a grill pointed toward our house, threw rocks or glass at our fence and home and had someone living in a shack in her backyard with an outdoor shower. She may have died, we don't know, all we know is everything stopped and we've never seen her again. We moved before we ever found out.

blumarine
In my case, it's all my neighbours who were acting strangely. You see, I lived in an apartment that I'm also the owner of, and every time I walked pass them I always saw them either naked, half-naked or doing something inappropriate whenever I peek into their windows or suddenly unlock their doors. People these days have no shame.
Answer the questions to the text 2
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Read the article about Property Abroad

Buying Property Abroad: Dream or Disaster?


For many people, buying property abroad sounds like a dream come true. Imagine waking up in a villa with sea views, enjoying your morning coffee on a sunny terrace, far away from the stress of everyday life. But is it really that simple?
Every year, thousands of people invest in real estate overseas. Some are looking for a holiday home, while others plan to relocate permanently. The idea of owning a charming cottage in the French countryside or a beachfront apartment in Spain is appealing—but it comes with risks.
One of the main challenges is understanding the local property market. Prices, property taxes, and legal procedures vary from country to country. In some places, foreign buyers are not allowed to own land at all. Hiring a trusted real estate agent who speaks the language and knows the area well is essential.
Then there are the practical concerns. Will you be able to rent the property out when you're not there? What kind of maintenance will be required? Are you prepared for unexpected costs like renovation, insurance, or even currency exchange fluctuations?
Take the example of David and Anna, a couple from the UK. They bought a detached house in southern Italy after seeing it online. The asking price was low, and the photos were beautiful. But when they arrived, they discovered the house was in poor condition and needed major repairs. The local infrastructure was limited—no nearby shops, poor internet, and unreliable electricity. In the end, they sold the property at a loss.
However, not all stories end in disaster. Careful planning, realistic expectations, and professional advice can turn the dream into reality. For some, buying property abroad becomes the best decision of their life—a perfect mix of investment and lifestyle.
Do the exercises to the text 3
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Translate the following sentences into English
the first set is mandatory
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