Expat Guide to Buying a Home in The Netherlands

Auteur: Ilse Florusse – Makelaar OG

Expat guide to buying a home in the Netherlands

So, you’ve decided to permanently settle in the Netherlands. If you’re ready to make the leap from renting to buying a home, we’ve got you covered with this essential guide.

Why buy?

First things first, why should you consider buying a home in the Netherlands? With stable property values, a robust legal system, and attractive mortgage rates for expats, purchasing property here is a sound investment. Plus, owning your own home means you can truly make it your own, from the colour of the front door to the garden design.

1. Calculate Your Borrowing Capacity

Before you start house hunting, it’s crucial to understand your borrowing capacity. Engaging a mortgage advisor is essential. They will help you determine your budget and navigate the Dutch mortgage landscape. Typically, you’ll need to provide proof of income, residency status, and a deposit — referred to as “waarborgsom” which amounts to 10% of the purchase price.

2. Exploring Promising Neighborhoods

The Dutch housing market can be very competitive, but don’t let that deter you. Keep an eye on up-and-coming neighbourhoods. Areas like Almere, Amsterdam Noord, Lelystad, Haarlem, and Weesp are booming with potential. In particular Almere, who is becoming increasingly popular as it offers excellent value for money.

3. Engaging a Real Estate Agent

Engaging a real estate agent simplifies the home-buying process. Start with a thorough introduction to clarify your housing wishes and analyse your financial situation. Your agent, leveraging an extensive network, will present suitable options and schedule viewings, ensuring you focus on finding a home where you can envision yourself living.

Found your dream house? What’s next:

Once you choose your dream home, the agent will request relevant documentation, assess the property, and implement an effective bidding strategy. After securing a deal, they will investigate the property’s structural condition and analyse the purchase agreement to eliminate any legal issues. Finally, together you will visit the notary to finalize the deal, receive the keys, and address practical matters such as recording meter readings, culminating in celebrating your new home.

Ready to start your home-buying journey?

Contact Inter Immo today for personalized advice and support tailored to expats. With over 25 years of experience, we’ve helped countless clients, including many expats, buy homes in the Netherlands. With the right information and support, your home-buying journey can be smooth and rewarding. Let us make your Dutch home-buying experience exceptional! Phone number: 020-3317567.