4321 Property Netherlands (2024)

FAQs

Is it wise to buy a house now in the Netherlands? ›

If you want to purchase a property and you can afford it, you should. House prices move up and down, and the value of your house will probably increase slightly or stay the same in the near future. In the long term the value of your property will rise for sure.

What is the average price of residential property in the Netherlands? In the second quarter of 2023, a single-family home cost approximately 434,000 euros. There were large differences between the Dutch provinces, however.

Detached house prices fell by 5.02% (-7.4% inflation-adjusted) during the year to Q3 2023 – after increasing strongly by 13.67% in the previous year. Semi-detached house prices dropped by 4.89% (-7.28% inflation-adjusted), in stark contrast to a y-o-y increase of 12% in Q3 2022.

Summary. House prices are rising rapidly again, as the borrowing capacity of potential home buyers increases and the supply of houses is limited and decreasing. For this year, we expect homes for sale to be an average of 6.2% more expensive than in 2023, followed by a further house price increase of 6.3% in 2025.

Rainfall is common, and winters can be cold and damp, which may be a downside for those used to warmer climates. The standard of living in the Netherlands comes with a high cost, particularly in terms of housing and daily expenses. Rents and property prices in major cities can be expensive, impacting disposable income.

The short answer is yes. The Netherlands does not place any restrictions on the purchase of property by foreigners, whether resident or non-resident. However, to get a mortgage you must live and be registered in the Netherlands.

“The key features of the housing crisis – rising prices, increasing inequality, shortages of affordable homes and foreign investors infiltrating the market – are the result of decades of dubious housing policies,” said Gregory Fuller of Groningen University.

The average salary in the Netherlands

According to the Central Statistics Bureau (Centraal Bureau voor de Statistiek – cbs), men earned an average annual salary of €50,520 in 2023. Women, on the other hand, earned an average of €33,660 per year. This translates to a gender pay gap of 13.7% in the Netherlands.

The cheapest homes in the Netherlands could be bought in Delfzijl last year, at an average price of 141,600 euros for a home. Bloemendaal was most expensive at 775.800 euros per home on average, over five times more expensive than in Delfzijl.

National Perspective. On a national scale, the average millionaire in the Netherlands has a net worth of three million euros, which is 55 times the average non-millionaire. Most millionaires reside in Amsterdam, followed by The Hague, Rotterdam, and Utrecht.

How much does it cost to live comfortably in the Netherlands? ›

The cost of living in the Netherlands for a single person is around €1,500 to €2,500. What is the cost of living in the Netherlands for a family? The cost of living in the Netherlands for a family can range between €3,000 to €5,000 per month.

Amsterdam is the most expensive city to live in the Netherlands, followed by Rotterdam and The Hague. Yet, these cities also have the highest salaries and the largest number of English-speaking jobs and study opportunities. The Dutch rental market is highly competitive, especially in Amsterdam and Rotterdam.

In 2024 and 2025 The Home Buyer Is In an Exciting Prospect in the Netherlands. The Dutch housing market is on the brink of an exciting renaissance, propelled by favorable economic conditions including reduced mortgage rates and wage growth.

Analysts from various banks in the Netherlands expect house prices to rise this year, between 5% and 8%. With significantly higher wages and slightly lower mortgage rates, people can afford a higher mortgage again.

We expect mortgage rates to fall over the course of this year as a result of expected central bank interest rate cuts. Combined with further increases in wages, this will help improve affordability. In a tight market, with improved affordability, home prices can continue to rise.

The market is anticipated to grow at an annual rate of 4.43% from 2024 to 2028, resulting in a market volume of US$7.29tn by 2028.