Sell ​​or rent?

Whether it makes more sense to sell or rent depends on many factors. Will your heirs want to move into the house later, can you achieve a high return by renting it out, and are you motivated to manage a rental property?

When you sell your house, you also sell the responsibilities that come with ownership. You no longer have to worry about maintenance and aren't responsible if a pipe bursts or the basement becomes damp for the new tenants. Being a landlord is different. You have many obligations that you must either fulfill yourself or hire a property manager.

Another advantage of selling: You immediately receive a large sum of money which you can use to finance, for example, a smaller property or a residence in old age, or which you can distribute as an advance inheritance.

On the other hand, if you rent out your property and sell it later, you can potentially earn significantly more money through returns. The question is whether the effort is worthwhile and whether the returns will actually be high enough. To clarify this, it's advisable to discuss your specific situation with a real estate expert.

Renting out the property can of course also be the right solution if you know that your child or grandchild would like to live in the property after your death.

As you can see, the decision is very individual and many aspects need to be considered. Of course, it's always possible to rent out the property first and then sell it if that becomes too much work after a few years.