Buying a property in the Netherlands

Finding your dream home abroad is always difficult and finding one in the Netherlands is no exception. The country is small but densely populated causing the value of properties to be expensive and rare.

Before you start your property search make sure you have decided upon a budget and stick to it. If your budget is not high and you have many requirements, forget about looking in the city centres. Instead focus on trying to get a nice apartment on the outskirts of town or beyond. This could save you a lot of time. A big attraction for moving to Holland is that the country hosts an excellent public transport system. You can reach all areas of a city relatively easy so it’s a good idea to take advantage of it in order to find the best locations in an area. When choosing a property you should keep in mind where the nearest transportation centres are as they will make life in a city or town a lot easier and will save you cash on motoring costs.

Advantages and disadvantages

The advantages include:

  • Excellent transportation system
  • Not far from the UK
  • Friendly people
  • Excellent schools and healthcare system
  • Cheaper lifestyle, food, eating out, transport etc.. are cheap

The Disadvantages include:

  • Expensive to rent or buy property
  • Wages aren’t as good as in UK
  • Weather similar to the UK
  • Like all EZ nations Holland is suffering from the Euro crisis

Here are five things you need to know before buying your property in Holland.

Research, Research, Research!

Before committing to purchasing a property in the Netherlands make sure you do plenty of research. Things to find out about include what region is best for you? What sort of property are you looking for? Since the economic crisis began some regions have suffered from increased levels of crime so it pays to ensure you don’t in-avertedly blunder into moving into a political hotspot.

Hire a professional estate agent

It’s common for foreigners in many countries, particularly the UK, to use an agent in their own country who works in co-operation with a foreign agent or developer. Most agents in popular areas of Holland now have staff-that-speak English and other foreign languages. Most agents offer after-sales services and will help you arrange legal advice, insurance, utilities, and interior decorators and builders. Some offer help and advice on obtaining planning permission and permits for new buildings or restoration projects.

Holiday there first

You may have done plenty of research on your chosen area but nothing can beat the experience of actually being there. It is a good idea to holiday in the area for a few weeks to get a feel of the place. Reality is often different from fiction. A holiday will allow you to explore the sights, absorb the culture and allow your family to get a feel of their possible new home.

Be aware of the types of contracts

A Dutch Rental contract is often for an indefinite period of time, unless specifically mentioned otherwise. Make sure you read any contracts carefully. Most landlords will ask for a deposit of 1 or 2 months’ rent.

Be aware of conditional causes

Some properties come with conditional clauses that have to be met in order to complete the property’s purchase.  These can include the following:

  • Must get a mortgage.
  • Obtain planning permission and building permits.
  • Being unable to get a residence permit.
  • Depends on whether a satisfactory building survey is completed.

Expats should keep in mind that buying may be not profitable unless living in it for at least two to three years. Apart from that it’s very important to pick the right type of property and location. Eventually, this will make it easier to sell or rent the property once you decide to leave the Netherlands.