Receiving an inherited property can be both a gift and a challenge. Whether it’s a townhouse in the city or a countryside family home, knowing what to do with this inherited property (sell, rent, or renovate) is a decision that should be carefully considered. Here’s how to weigh your options wisely.
Selling an Inherited House: Quick Solution, Long-Term Clarity
For many heirs, selling an inherited house offers a clean and practical solution, especially when co-heirs are involved or the home requires substantial maintenance. Market conditions play a big role: in regions like Luxembourg, where demand remains high for well-located properties, selling can deliver strong returns. However, in rural or economically stagnating regions, such as certain areas in Southern Italy or parts of Central France, demand may be limited and property values slower to rise. In such contexts, holding onto the property, through renting or strategic renovation, may be a more sensible long-term play.
Before putting a property on the market, we recommend a detailed evaluation, resolving inheritance paperwork, and possibly light renovation work to enhance the property’s appeal and maximize its value.
Renting an Inherited House: Long-Term Value with Less Stress
If you’re not ready to part with the property or want to turn it into a revenue stream, renting is a strong alternative. Because managing tenants isn’t everyone’s calling, we offers tailored support, including pre-screening of qualified tenants to ensure your peace of mind. Our team handles everything from listings to lease agreements, freeing you from day-to-day obligations while securing your rental income.
Renovate Your Inherited Property: Unlock Its Hidden Potential
Sometimes, an inherited home has more to offer than meets the eye. If the architecture has charm or the location is promising, renovation can breathe new life into the space and significantly increase its value. We assist owners with a dedicated renovation and home staging service. We also work closely with a network of trusted partners (architects, interior designers, and construction professionals) to ensure your renovation is handled with care, precision, and efficiency.
Make the Most of Your Inheritance with the Right Strategy
There’s no one-size-fits-all solution when it comes to an inherited property. Your choice should reflect the property’s condition, the local market, and your personal goals, whether emotional, financial, or practical.
Inherited a property and not sure which direction to take?
Get in touch with our team for a private consultation.
