Selling or letting? Advantages & tips for your property

Sell or let? How to make the right decision

The decision whether to buy your property sell or let depends on various individual factors. Whether your heirs want to move in later, how high the expected return is or how much time and effort you want to put into managing the property - all of these factors play a decisive role.

Advantages of the sale

When you sell your property, you are also giving up all the Commitments that are associated with the property. These include

• Maintenance work and repairs
• Unforeseen problems such as burst pipes or moisture
• Administrative tasks that arise during a letting

The biggest advantage of the sale: you receive an immediate large sum of money. You can use these to:

• to finance a smaller, age-appropriate property,
• financially secure your retirement or
• distribute a pre-inheritance to your children or grandchildren.

Advantages of letting

Letting can be financially lucrative in the long term, especially if you achieve returns that justify the expense. Regular rental income means that your property is retained and can still be sold at a later date - often at a higher price.

When is letting particularly worthwhile?

• If your heirs wish to move into the property at a later date
• With high demand in the region, which guarantees stable rental prices
• If you are prepared to take on the tasks of a landlord or appoint a property manager

Flexible options

One advantage is that you are not tied to a final decision. If letting becomes too costly for you, you can always sell the property later. In this way, you secure the return for a few years and still have the option of reacting flexibly.

Your contact at FLEXMAKLER
Robert Schüßler
Property valuer (EIA and IHK)

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