Inheriting real estate often raises a multitude of practical questions. What should be done with that family home, that old apartment, or that character property inherited jointly? Should it be sold quickly, renovated, lived in, rented out… or kept as an asset? Each option requires careful consideration, expertise, and foresight.
Marseille, the Marseille city, continues to attract international customers in search of luxury real estate investments.
The real estate agency Christophe Falbo Properties, based in Marseille and specialized in high-end goods, offers an exclusive selection of properties in prized neighborhoods such as the Old Port, the Calanques, as well as the Bohemian districts of the 6ᵉ and 7ᵉ districts.
Our real estate portfolio extends from the Holy Maries de la Mer in Cavalaire-sur-Mer, offering charming houses, architectal villas and wine estates overlooking the magnificent Mediterranean bay.
Manage an inherited property: restore, rent, sell or keep?
Inheriting real estate often raises a multitude of practical questions. What should be done with that family home, that old apartment, or that character property inherited jointly? Should it be sold quickly, renovated, lived in, rented out… or kept as an asset? Each option requires careful consideration, expertise, and foresight.
Conducting a complete assessment: the condition of the inherited property
Before making any decisions, it is essential to carry out a complete technical assessment of the inherited property. This includes:
The general condition of the building (roof, insulation, structure)
Electrical, plumbing and heating installations
Compliance with standards (mandatory diagnostics: asbestos, lead, energy performance certificate, etc.)
Any potential urban planning or heritage protection constraints (listed area, proximity to monuments)
This assessment will allow you to identify the urgent needs, the potential, but also the limitations of the property. It will determine the next steps: living in it, renting it out, selling it, or renovating it.
Restoring without altering: enhancing the character
Many inherited properties — especially beautiful old houses — possess a unique character: woodwork, marble fireplaces, high ceilings, noble materials… To enhance this heritage, respectful restoration is preferable to standardized renovation.
Hiring a specialist architect or one accredited by the French Heritage Buildings Authority (Bâtiments de France) may be necessary if the property is located in a protected area or is listed as a historical monument. This professional will be able to reconcile restoration, modernization, and compliance with heritage standards. Furthermore, certain works may be eligible for subsidies or tax breaks, particularly under the Malraux Law or the Heritage Foundation label.
Renting out an inherited property: a value-creation strategy
If the property cannot be occupied or sold immediately, renting it out is a viable alternative for generating income while retaining ownership of the asset. Two types of rentals are particularly well-suited to charming properties:
1. Long-term furnished rental
Ideal for well-located apartments (cities, spa towns, etc.)
Favorable tax treatment under the LMNP (Non-Professional Furnished Rental) scheme
Upgrades to meet current standards are often essential
2. Seasonal or luxury rentals
Suitable for holiday homes, villas, and properties with character
Platforms like Airbnb or specialized agencies allow for international visibility
Attractive profitability, especially in tourist areas (Provence, French Riviera, Brittany…)
A property manager or local concierge service can handle the management, tenant selection, cleaning, and property inspections.
Selling: in what cases and how?
Selling an inherited property may be necessary for several reasons: conflictual joint ownership, excessive expenses, lack of use, inheritance taxes to be paid, or geographical remoteness .
Some tips for selling under good conditions:
Have the property appraised by an agency specializing in character or prestige properties.
Enhancing the property's value before sale : minor repairs, home staging, garden maintenance, professional photos…
Choosing the right time : spring and autumn are often the most dynamic.
Contact a real estate agent specializing in the property segment (old house, second home, castle, etc.)
In the case of joint ownership, the sale requires the agreement of all joint owners or a qualified majority, unless legal action is taken.
Preserving and passing on: a heritage choice
Keeping an inherited property can be a sentimental choice… but also a long-term investment . If the property is well-located and maintained, its value can increase over the years. It can also serve as a family vacation home , a property made available to children, or be passed on to the next generation with an optimized inheritance strategy (real estate investment company, division of ownership rights, gift-sharing).
In this case, consider:
Plan an annual maintenance budget (roof, garden, facade renovation, etc.)
Clarify joint management if several family members are involved
Explore the possibilities for showcasing the property , even partially (private events, filming, themed stays, etc.)
🧭 “Real estate heritage” series Taxation, SCI, conflicting successions, renovation of a good inherited
Our complete file on the theme of real estate inheritance.
Real estate heritage file
The emotion of a property transmitted
Receiving an inheritance property is often a moment loaded with emotion. Whether it is a family mansion, a Provencal mas or a Haussmann apartment , these properties embody a memory, a lifestyle, sometimes a generational anchoring. But the real estate inheritance is not limited to an emotional transmission: it also acknowledges legal, tax and strategic issues that should be fully understood.
🧭 "Real estate heritage" series - Charming properties
1. Real estate inheritance: Understanding the fundamentals
Key legal concepts (successions, will, joint possession)
The stages of the real estate succession
Inheritance tax and abuses in force
The decision to accept or not an inheritance
📌 targeted audience : potential heirs, owner families
2. Transmit a prestigious home: the best strategies
Simple donation, donation-sharing, property dismemberment
Advantages of SCI for family goods
Prepare a serene succession in a blended family
Concrete case and heritage patterns
📌 targeted audience : owners of old, high-end or multi-generational goods
3. Manage an inherited property: restore, rent, sell or keep?
Technical diagnosis of the inherited property
Renovate without distorting: with or without architect of the buildings of France
Furnished or charming seasonal rental
Resale: when and how to call on a specialized agency
📌 targeted audience : new owners or joint ownership wishing to enhance a property
4. Taxation and aid for inherited residences
Post-Succession transfer rights and taxation
Possible alleys for Historic Monuments
Subsidies and aid Drac or heritage foundation
Tax deductions for work and interviews
📌 targeted audience : heirs or owners of a well -classified or registered
5. Real estate inheritance conflicts: how to avoid or resolve them?
Conflictual joint possession
Disagreements on the sale or conservation of the property
The use of the notary or mediation
Arbitration and role of the succession judge
📌 targeted audience : families in dispute or in situation blocked around a property
6. Testimonials: they inherited an exceptional property
Tales of individuals who inherited with castles, manors, family villas
Successful transformations (guest house, seasonal rental, renovation)
Failures avoided thanks to the support of experts
📌 targeted audience : general public, future heirs, heritage enthusiasts
7. The emotion of the place: real estate heritage as a family memory
The role of the place in the transmission of values
Keep the soul of the family home
Restore with respect
Intangible heritage (archives, objects, photos, stories)
📌 Targeted audience : families attached to the sentimental and historical heritage
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Why Choose Charming Properties?
🌍 International visibility
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📸 high -end high -end photos
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publish without going through an agency and keep 100 % of the sale price. Total control, flexibility, and direct contact with buyers.
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send us description, photos and DPE via wetransfer. We validate your property according to our quality standards.
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compulsory DPE display for all goods in France: we systematically integrate it into your ad.
💶 Simple and transparent prices
Publication at a fixed price, without commission
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Relating with professional photographers
➡️ tailor -made offers available on request
We can remind you quickly and you give all the information you need. A sales advisor will contact you.