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Investment

Inherited property?

We show you what options you have if you have inherited or are set to inherit a property.

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

Investment

Inherited property?

We show you what options you have if you have inherited or are set to inherit a property.

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

Inheritance as an investment

Garcia & Co. Immobilien

Find property Your personal consultation

Keep the property, exchange it for a new one, or convert it back into capital?

When a large sum of money is inherited, the question quickly arises as to what should be done with it so that it is invested in the best possible way—the best case scenario is always to let the money work for you. However, in recent years in particular, the low interest rate policy pursued by banks has meant that simply investing money is no longer quite as lucrative as it used to be. If the estate includes inherited real estate, this does not necessarily mean sudden wealth, as not all properties are automatically suitable as a long-term investment. Many people are unable to assess whether and when the inherited property would be worthwhile as an investment. In the end, your calculations will not add up – in the truest sense of the word.

Real estate as a family inheritance: Why investing in real estate early on is worthwhile

Many people invest in real estate at an early age when it comes to securing assets for their heirs. And this is not only for emotional reasons, such as leaving their children a roof over their heads: When inheriting real estate, the surviving dependents benefit from significantly higher tax allowances than if they were to inherit the capital in cash. However, due to blocking periods, you have to decide early on.

What is the property worth today and in the future?

In order to know what value you can actually plan with, the current market value of the inherited property should be determined. To do this, data about the property, its condition, location, rentability, and market situation and development are evaluated and used to make a forecast for a sale price. With this information at hand, the next steps can be planned: Is it worth selling, or would it be better to continue renting? Another question that a real estate specialist is best placed to answer is: Would it perhaps make more sense to sell the existing property and use the proceeds to purchase a more modern property?

Is my property rentable or saleable?

In many cases, inherited property has been in the family for decades and only the most necessary maintenance work has been carried out. If you want to use the property as an investment for re-letting, you should check whether it is suitable for letting or selling. This includes not only the question of whether it complies with all building regulations, but also whether it can meet the modern requirements of potential tenants or buyers.

Nevertheless, just because a property is a little older does not mean that it is automatically in poor condition or even difficult to rent or sell.

The best person to assess whether it is worth renovating or modernizing an inherited property is a specialist. They can advise you on the basis of an evaluation and, if it makes sense, suggest possible modernization measures. In some cases, however, it may turn out that it is more worthwhile to sell the property.

Do I have to finance modernization from my own pocket?

Everything that serves to secure income from a real estate investment in the long term, including repairs, maintenance, and expansion, is taken into account by the tax authorities. The interest expense on a rented property can also be offset against income for tax purposes—the law provides a number of options and assistance in this regard. Before deciding whether to invest in real estate, it is therefore essential to consult a tax advisor with experience in real estate who is familiar with the tricks and pitfalls.

When all else fails: capital restructuring

If it turns out that modernizing or repairing the property is not worthwhile, the asset value can be transferred to another property—a so-called real estate swap. Here, an existing property is exchanged for a property that better fits your financial planning. The value of the existing property is then included in the purchase price of the new property or can even finance it entirely. Converting a property into monetary capital can be a good idea in other situations as well. It is also a solution in inheritance disputes that is often considered satisfactory for all parties

When the heirs argue

If you are not the sole heir but are part of a community of heirs, it may be a sensible solution to convert the value of the real estate into a purely monetary value. In most cases, the surviving dependants find themselves in such an emotionally charged situation that disputes over the estate are inevitable. It is not uncommon for the community of heirs to be unable to agree on who should receive the property, in which case the decision is made to sell the property and divide the proceeds among the heirs. After all, nothing can be distributed more accurately and fairly than monetary values. This is because in a community of heirs, the inherited assets must be divided up, even if it is a property. The reason for this is that there are statutory compulsory portions—partners always inherit 50%, children always 25%—which cannot be changed by the last will and testament. This legal provision is intended to ensure that the persons closest to the deceased are financially secure in all cases.

When demand is high, professional brokers filter out suitable prospective buyers and clarify, for example, whether the property fits within the buyer's budget before arranging a viewing.

Do I need a real estate agent despite high demand?

Is there an optimal time to sell real estate?

That depends on the individual case. Certain properties (e.g. vacation homes) are in higher demand at certain times and are therefore easier to sell.

Anyone who wants to sell discreetly has good reasons for doing so and needs a proven strategy. Telling everyone about it does not always enhance the attractiveness of the property.

What is better: sell discreetly or tell everyone about it?

Which is better: setting a high price to allow room for negotiation or setting a price that is too low to attract more interested buyers?

An inflated purchase price is like a rotten apple and deters serious buyers. A fair purchase price provides the best basis for a successful sale.

Have you inherited a property and are unsure whether you want to invest in it or not?

Whether you want to keep the property, exchange it for a new one, or convert it back into capital, we will be happy to advise you and work with you to develop a strategy that best suits your personal situation. With over 20 years of experience in the regional real estate market and our own investments, we know the opportunities and risks of investment properties. Trusted contacts with tax advisors, financiers, and appraisers expand our comprehensive network of reliable service providers, with whom we would be happy to connect you.

Contact us and tell us about your ideas and goals. We will be happy to take the time to get to know you and your property

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Pedro Garcia

Managing Director - Real Estate Consultant for Commercial Properties & Investments

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Sustainability in the real estate sector: support programs and benefits for owners

Sustainability is no longer just a buzzword, but plays a central role in the real estate sector. Owners who focus on energy-efficient construction, resource-saving modernization, or sustainable management of their properties today benefit in several ways: through government subsidy programs, long-term cost savings, and a significant increase in the value of their property. In the Olpe district and neighboring regions in particular, the requirements for sustainable standards are rising—and with them the demand for modern, future-proof properties. Whether KfW promotional loans for energy-efficient renovation, subsidies for photovoltaic systems, or special incentives from the federal states: it is worthwhile for owners to invest specifically in sustainable measures. In addition to reducing ongoing operating costs, such investments significantly increase the attractiveness of properties for buyers and tenants. Better rentability, higher return prospects, and a greater sense of security with regard to upcoming legal regulations are convincing arguments for more sustainability in real estate portfolios. Those who look into funding opportunities and sustainable concepts early on create real added value for themselves and future generations.

Home trends for 2025: Which features are particularly sought after in Attendorn?

What will make living in Attendorn particularly attractive in 2025? At a time when demands on owner-occupied homes and rental apartments are constantly rising, innovative features are becoming the focus of buyers and tenants alike. The local real estate market clearly shows that quality, energy efficiency, and technical sophistication have long been among the most important criteria when choosing a place to live. Not only are sustainable energy concepts such as heat pumps, photovoltaic systems, and modern insulation in demand, but also smart home technology, flexible room solutions, and high-quality bathrooms. In Attendorn in particular, trends are emerging that offer long-lasting living comfort and flexibility in everyday life. Living spaces that create a feeling of freedom with well-thought-out lighting concepts, floor-to-ceiling windows, and spacious balconies are just as popular as practical features such as charging stations for electric vehicles, accessibility, and individual design options. such as charging facilities for electric vehicles, accessibility, and individual design options. This combination of forward-looking and practical features makes real estate in Attendorn particularly attractive not only for owner-occupiers but also for investors. For owners who want to sell or rent out their properties, these developments offer valuable guidance on how to optimally tailor their properties to the needs of the market in 2025.

Barrier-free living: demand and implementation options in Olpe and the surrounding area

Barrier-free living is no longer a niche topic—demand is growing rapidly in Olpe and the surrounding region. More and more property owners and house hunters are recognizing the value of living space that is free of structural barriers and offers comfort for all generations. The focus is not only on seniors and people with physical limitations, but also on families who value flexible and future-proof living concepts. The growing demand for barrier-free real estate ensures that such properties are specifically sought after and carefully planned. Modern barrier-free apartments impress with wide passageways, level access, threshold-free bathrooms, and intelligent details that make everyday life noticeably easier. In Olpe, more and more builders, investors, and owners are focusing on high-quality fittings and innovative concepts in order to remain attractive in the long term and increase the value of their properties. Those who opt for barrier-free design early on not only secure a larger pool of interested buyers, but also invest in comfort and quality of life for the future. Especially in view of demographic change and new lifestyles, this is a decisive competitive advantage in the region's real estate market.

Real estate investment in 2025: opportunities and risks at a glance

The real estate market in 2025 offers both experienced investors and newcomers fascinating opportunities to diversify their investment strategies and enjoy sustainable returns. However, as in any area of investment, there are challenges that need to be overcome. In view of current economic developments and inflation, it is important to select the right properties with a clear focus and sound analysis. One key to success lies in close market observation and the identification of up-and-coming regions. Experts emphasize that interesting return opportunities exist particularly in urban areas with growing populations and increasing demand for residential and commercial space. However, potential risks, such as changing interest rate environments and regulatory uncertainties, should always be taken into account. Forward-looking planning and strategic alignment are therefore essential in order to fully exploit the advantages while avoiding potential pitfalls.

The role of the real estate agent in the modern real estate market: A guide

Real estate agents play a key role in the modern real estate market, combining expertise with interpersonal communication skills. When you decide to buy or sell a home, the support of an experienced agent can make the difference between a successful and a discouraging process. Not only do they know the market and help you find the right price, they also offer emotional support and legal security. A good real estate agent not only has extensive knowledge of local market trends, but also has a wide network of contacts ranging from tradespeople to financial advisors. Garcia & Co Immobilien GmbH places particular emphasis on strategic advice and individual support to ensure that every real estate transaction is a tailor-made success. Trust, transparency, and commitment make all the difference. Make your next real estate purchase or sale stress-free, efficient, and profitable by relying on the expertise of a professional real estate agent.

Current trends in the real estate market in 2025: What buyers and sellers should know

The real estate market in 2025 is facing dynamic changes that will have a significant impact on both buyers and sellers. One key trend is the increased use of digitalization in real estate, from virtual viewings to data-based price analyses. These technologies enable potential buyers to make informed decisions and offer sellers forward-looking marketing strategies. Demand for environmentally friendly and energy-efficient properties is also growing rapidly. Modern buyers value low emissions and sustainable construction, which has a significant impact on property values. Another trend is the urbanization of smaller cities, as more and more people are moving from large cities to smaller communities to benefit from a higher quality of life and lower prices. This development opens up opportunities for sellers who invest early in up-and-coming regions. At the same time, this means that buyers should consider more options outside the traditional "hotspots" in major cities. In summary, knowledge of these trends and their implications for the buying and selling process can have a decisive impact. It is now more important than ever for buyers and sellers to closely monitor the market and position themselves accordingly.

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