Get first taxonomy term

first_tax_term.php

$tax = 'property-type';
              $tax_terms = wp_get_object_terms( $post->ID, $tax );
              if (!empty( $tax_terms )) {
                  $term = array_pop($tax_terms);
                    _e('This is a ','turnerestates');
                    echo '<a href="' . get_term_link( $term->slug, $tax ) . '">' . strtolower($term->name) . '</a>'; 
                    _e(' property.','turnerestates');
              }