A finca[ˈfiŋka] (Spanish for an "estate") refers to a piece of rural or agricultural land, typically with a cottage, farmhouse or estate buildings present, and often adjacent to a woodland or plantation. Especially in tourism the term has recently gained the colloquial meaning of a holiday home in a rural setting, situated on the Spanish mainland, the Balearics and the Canary Islands, and throughout the countries of Spanish-speaking Latin America. Similar rural properties can be found in Italy, despite having a different name. The fincas can typically look back on an extensive development history, and are often older than 300 years. In some regions however, though especially on the Balearics, new buildings are erected, which by their apparent style and settings, remind of, and are orientated along the lines of a finca.