Inherited foreign property valuation

Hello. I have just inherited a property in Greece and I will sell it in the coming month. So I want to ask the below questions: 1. Is there any process defined by HMRC to evaluate the market value of the inherited property. Remember the property is abroad. 2. Can I use any local property agent to do the market valuation? 3. As I will sell the property almost immediately can I use the sell contract as a proof of the market value of the property. 4. How can I declare my inheritance in the UK. Regards

Hi Belo88,
A valuation should have been done at the time the person who owned it passed away.
If not you will need to get 3 different estate agents to value it and take an average. there may therefore still be an increase that would be liable to capital gains.
You do not need to report the inheritance of the asset, just the sale if applicable.
Thank you.