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Discover Ludwig"the property" is a correct and commonly used phrase in written English
It refers to something that is owned, such as land, a building, or an object. Example: The property was passed down through generations in my family before I inherited it.
Dictionary
the property
noun
Something that is owned.
Exact(60)
"They've got the property.
Erie County condemned the property.
The property market promptly crashed.
The property was in foreclosure.
The property sinks another foot.
"That significantly devalued the property".
The property went into foreclosure.
The property was a shambles.
But he owns the property.
Is the property reasonably secure?
The property market is deflating.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com