Rooted in a rich history dating back to the 13th century, Amsterdam nestles on the banks of the Amstel and the IJ. The city is known for its unique canals and charming historic homes. From the Royal Palace on Dam Square to Kloveniersburgwal, everything breathes history. However, it's not just the history that makes the city so attractive, but also its geographical location in the heart of the Netherlands offering various possibilities.
The Exclusive Housing Market in Amsterdam
The market for luxury homes in Amsterdam is robust and stable thanks to the ongoing demand for exclusive houses and apartments in this European capital. Due to the scarcity of the offer, there is a healthy balance between supply and demand.
Political and Economic Stability
Amsterdam, as the capital of the Netherlands and a vital player in the European arena, benefits from a stable political and economic situation. This reflects a constant demand for homes and thus provides a safe investment for potential buyers.
Transaction Costs when Purchasing a Luxury Home
When purchasing a luxury home in Amsterdam, the buyer should factor in an average broker's commission of 1.5% to 2% of the purchase price. Sellers also bear a brokerage fee, often a comparable percentage. Additional costs may include a transfer tax of 2%, notary costs, structural inspection costs, and possible attorney fees.
Taxes on Real Estate
Transfer tax on private real estate in Amsterdam is 2%. In the Netherlands, there is a wealth tax of up to 1.61%. However, the income from the sale of primary residences based in Amsterdam is generally tax-exempt. If a property is used as a second home or holiday home, capital gains tax may apply. The corporate tax in Amsterdam ranges between 20% and 25%. Income tax for residents varies from 37.10% to 49.50%.
Most Expensive and Coveted Residential Areas
The Canal Belt, Museum Quarter, Oud-Zuid, and Jordaan are among the most coveted and exclusive neighborhoods in Amsterdam.
Access to Amsterdam
Amsterdam is easily accessible via the excellent highway network and extensive railway lines. Amsterdam is only 20 minutes away from Utrecht, the nearest major city.
Airports
The city is a 15-20 minute drive from the national airport Schiphol. Additionally, various international airports such as Düsseldorf and Brussels are within a maximum of two hours' drive.
Education in Amsterdam
Amsterdam is home to prestigious educational institutions and universities such as the University of Amsterdam, the VU University Amsterdam, and the Royal Tropical Institute.
Amsterdam and Its Province
Amsterdam is located in the province of North Holland and is the most populous city in the Netherlands with over 850,000 inhabitants.
Landscape and Climate
The surrounding landscape is characterized by lakes, canals, and green spaces. Amsterdam has a moderate maritime climate, ensuring moderate temperatures and plentiful rainfall throughout the year.
Sports and Outdoor Activities
From cycling through the Vondelpark, rowing on the Amstel to sailing on the IJmeer, the city offers endless opportunities for outdoor activities.
Luxury Lifestyle Stores
Amsterdam is a paradise for the luxury shopper with chic boutiques and luxurious stores dotted across the city, like in the P.C. Hooftstraat.
Restaurants and Entertainment
The city is known for its excellent restaurants such as Restaurant De Kas, Vermeer, and Ciel Bleu. Luxurious hotels like the Amstel Hotel and The Dylan complete the Amsterdam lifestyle.
Recurring Events
Amsterdam plays host to a range of annual events such as the Amsterdam Canal Festival, Museum Night, Dance Event, and the Tulip Festival.
Museums, Galleries and Theatres
Amsterdam's rich cultural heritage can be discovered in numerous museums, galleries, and theatres including the Rijksmuseum, the Van Gogh Museum, and the Royal Theatre Carré.
Healthcare Facilities
Good healthcare facilities are well represented in Amsterdam with hospitals like the Amsterdam UMC, the Our Lady Guesthouse, and the Bergman clinics.
Infrastructure and Facilities
Amsterdam offers excellent public infrastructure with its extensive network of trams, metros, buses, and ferries, plus a wide range of public facilities and services.