Immovable property refers to any item of property that cannot be moved from its location without being destroyed or significantly altered. This category primarily includes land and buildings, as well as any other structures or natural resources that are permanently affixed to the land, such as trees, water bodies, minerals, and permanent fixtures. The defining feature of immovable property is its fixed geographic location, making it inherently static and inseparable from its spatial context. These properties are not just physical spaces but also encompass associated rights and interests, such as air rights, mineral rights, and development rights, which add layers of value and complexity to the real estate.

Additionally, immovable property extends to include legal rights over real estate that further anchor it to its location. These rights, such as agricultural rights, hereditary allowances, and rights of way, are integral to the functioning and utility of the property. Agricultural rights allow landowners to cultivate certain types of crops or raise livestock, directly impacting the economic use of the land. Hereditary allowances may dictate the inheritance of property, ensuring that it remains within a family or designated lineage. Rights of way grant access to properties that might otherwise be isolated, thus enhancing their practical and economic value. These aspects of immovable property are critical in understanding the full scope and impact of real estate in both private ownership and societal infrastructure.