Tag: real estate

Netherlands Property Guide for Sellers

Netherlands Property Guide for Sellers

There are some things you might want to consider before you sell your property in the Netherlands.  These things include: taxation, real estate agents, legal procedures and pricing.  We will explain this in detail below.

Taxation

Taxation is a really important part in selling property in the Netherlands, the reason being is that the profit you make in selling your property will be taxed.

Real Estate Agents

It is also important to have a real estate agent for your property since they help you get so many things done.  Real estate agents help in the first stage of selling a house right up until the last stage where you have to visit the office of the notary for signing the paperwork.

In the first stage of selling your property you have to make sure your house is measured according to the Dutch NEN 2580 standards.  Using social media will help a lot when it comes to marketing.  Your property can be advertised on social media platforms like LinkedIn, Facebook, Instagram and Twitter, it will really pay off.  This is because you get to show off your property where there are potential buyers.  It is also important to advertise on top real estate websites in the Netherlands and by printing brochures to give more information about your property.  Here is some help marketing your property on social media.

Legal Procedures

All properties have to be signed in the notaries office, where you turn over the deed.  All rental procedures have to be adhered to,  your property is protected in the Netherlands.  All procedures during a sale must be adhered to.

Pricing

Setting the price of the property is a huge deal when it comes to selling your property.  You don’t want to overprice your property and have it sit on the market forever but at the same time you want top dollar for your property.  You have to ask your real estate agent what the price is for other houses in your community.  Sometime low prices can trigger a multiple offer scenario and you end up with a higher price than you expected.  This is where a real estate agent can work their magic and get you a good deal.

Entertain all offers and don’t be afraid of the negotiating process.  Don’t be offended by low offers or got too caught up in a high offer.  Remember that there it is not over until the paperwork is signed.

What you Need to Know About Buying Property in Amsterdam

What you Need to Know About Buying Property in Amsterdam

If you are looking for a property in Amsterdam as a visitor or even as a native, then it would be best for you to look for an agent or mortgage advisor. This is because of the large competition, especially in the economic sector. Incentives on tax are also high when buying land, but it comes with long-term benefits when you have a home of your own. If you plan on getting a property to rent out, then you may also need a permit for your tenant. This will hence mean that you are required to rent out the property with your second name.

Ways to go about Finding a Property in Amsterdam

There are a number of means that you can use to get a good property that you can own in Amsterdam, which are as follows;

Real estate agents: Agents are very important, especially if you are a newbie in Amsterdam, as they will give you info on the properties that are on sale, as well as advice. They do this on commission, ranging from 1 to 2% on the price that you eventually get to buy the land. If you are in the metropolitan area in Amsterdam, then you can consider MVA- a professional association of agents that are active. There are usually about 500 certified agents in that area.

Adverts: If you read newspapers, then you can also consider property advertisements, usually located at the back of the paper. Most of the adverts on a property will be shown on Wednesdays and Thursdays. You can also consider buying a special property paper.

Online sources: The internet is generally the hub of almost anything online. Agents will generally post information about properties in websites such as Funda or MVA. A mortgage advisor can also come in very much in handy on advising of new properties in the region. You can also consider looking for new projects in construction or buildings.

Final Verdict

The cost of buying a property in Amsterdam may be at 8% of the purchase price. However, if you are purchasing through an agent, you may be required to pay for the services of that agent, or even transfer costs on transactions. It is therefore very important to consider the costs so that you don’t end up spending so much. You can also consider negotiations with the buyer. However, it is also important to note that the agent can show the house to other potential customers. Therefore you need to know how to protect your own interests. Your price needs to be on the market value of the property, rather than the asking price. Your offer needs to be subject to the proviso ‘raising finance’. On concluding the sale, both you and the seller will need to sign a transfer contract which typically takes place in Dutch. You can, therefore, get an interpreter in advance if you need one.