Question 1

Is it better to buy or rent in Amsterdam in 2025?

Accepted Answer

For first-time buyers under 35, buying is highly attractive due to the 0% transfer tax exemption. However, investors are exiting the market due to new Box 3 asset taxes, meaning finding a rental is harder and more expensive.

Question 2

What is Erfpacht?

Accepted Answer

Erfpacht (Ground Lease) means you own the building but rent the land from the municipality. You pay an annual fee ('Canon'). Always check if the canon is 'perpetually bought off' (Eeuwigdurend afgekocht) to avoid future payment shocks.

Question 3

Do I need a Notary?

Accepted Answer

Yes. In the Netherlands, a Civil Law Notary is mandatory for transferring property deeds and mortgage deeds. This is part of the 'Kosten Koper' (Buyer's Costs), which typically total around 2-3% of the purchase price (excluding transfer tax).

Amsterdam: Venice of the North or Investor Nightmare?