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Engel & Völkers
  • 4 min read
  • 28.08.2025

What to do with an inherited property?

Make the right decision with Engel & Völkers Mittleres Ruhrgebiet

A group of people in formal attire stand in front of the Deutsches Bergbau-Museum, with a large mining structure in the background.

Inheriting a property often raises more questions than answers. Between emotional ties, legal obligations, and financial considerations, heirs are faced with complex decisions. Engel & Völkers Mittleres Ruhrgebiet supports you in this process with experience, empathy, and professional guidance – so you can make the right choice with confidence.

Table of Content

  1. First steps: Assessing the property and your situation

  2. Professional property valuation for clarity and orientation

  3. Sell, rent, or move in? Understanding your options

  4. Discreet or public marketing – your choice

  5. Comprehensive guidance through a strong expert network

  6. You and your story come first

  7. Conclusion: Managing inherited property with foresight

First steps: Assessing the property and your situation

Before deciding what to do, it's essential to understand the full picture. What is the condition of the property? Are all documents available? Are there co-heirs or existing obligations such as mortgages or tenancy agreements? Together with you, we analyze the current situation and help you bring structure to the process.

Professional property valuation for clarity and orientation

A key element in any decision is the current market value of the property. Our experts provide a professional valuation based on location, condition, features, and the specifics of the central Ruhr region. This gives you a reliable foundation to decide whether to keep, rent out, or sell the property.

Sell, rent, or move in? Understanding your options

An inherited property opens up several possibilities. Some heirs plan to live in the home themselves, while others consider renting it out or selling. We provide clear and personalized advice on all options, tailored to your personal and financial situation. Our interdisciplinary network is also on hand to advise you on tax implications, renovation potential, or sustainable upgrades.

Free, confidential and non-binding

Receive your digital valuation instantly

  • Over 250,000 properties sold globally in the last 5 years
  • Average selling time: less than 3 months
  • Backed by 45+ years of industry expertise

Based on data by Engel & Völkers

Open to read more about the data Engel & Völkers used

Discreet or public marketing – your choice

If selling is the best option, we’ll support you at every step. Engel & Völkers Mittleres Ruhrgebiet develops an individual marketing strategy – from professional photos and exposés to connecting you with qualified, registered buyers. If desired, we can also market your property discreetly, without public listings.

Comprehensive guidance through a strong expert network

Inheriting property is rarely just about the real estate itself. That’s why we work with trusted financial advisors, architects, and notaries. Whether you need support with inheritance tax, want to explore renovation opportunities, or need help coordinating decisions within a community of heirs – our experts are by your side.

You and your story come first

At Engel & Völkers Mittleres Ruhrgebiet, we focus not only on the property, but on the people behind it. We know that every inheritance is linked to personal stories. That’s why we take time to listen, to understand your situation, and to develop thoughtful, individual solutions – respectful, clear, and with your goals in mind.

Conclusion: Managing inherited property with foresight

Inheriting real estate comes with responsibilities – but also opportunities. With the right support, you can transform uncertainty into clarity. Trust in the experience and sensitivity of Engel & Völkers Mittleres Ruhrgebiet. From the first valuation to your final decision, we’re here for you.

Contact provider

Engel & Völkers Bochum

Page content provided by: EV Mittleres Ruhrgebiet GmbH

License partner of Engel & Völkers Residential GmbH

+49 234 60290620