The most common and most likely answer to this crossword clue is the 9 letter word HOMESTEAD
I've seen this crossword clue in Financial Times
H
O
M
E
S
T
E
A
D
More clues leading to the result HOMESTEAD
Buddy explains!
The straight part
We know that "property" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case property = homestead.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does HOMESTEAD mean?
HOMESTEAD noun- A house together with surrounding land and buildings, especially on a farm; the property comprising these.
- The place that is one's home.
- A cluster of several houses occupied by an extended family.
- The home or seat of a family; place of origin.
- To acquire or settle on land as a homestead.