If you buy cheap, you buy twice!

Amsterdam’s fickle property market is something of an enigma. It’s not always easy to know where to start, whether that be finding the best people to work with, the location you’d like to live in, or knowing whether or not the home you have your eye on is really worth the money.

It’s true what they say – it’s better to aim for quality the first time.

We all know that if you buy something cheap, it’s likely to be poor quality and it’ll break, wear out or not be fit for purpose. As a result, you’ll need to buy a replacement, costing you more money in the long run. Well, the same applies to the housing market!

Why work with a real estate agent?

A perceptive real estate agent will help you to navigate prospective homes, costs and advise you on the necessary steps so you can feel confident in the knowledge that you are making informed decisions when in unfamiliar territory. Despite the pandemic, the market in The Netherlands is hot right now; but making sure you have the right team behind you is essential. If you choose to team up with someone that’s not particularly experienced within the Amsterdam real estate market, chances are you’ll be selling yourself short – and nobody wants to be stuck with a home they want to get rid of!

Manage your expectations

In our article about managing expectations , we delve into the fact that the prices you see first day do not always align with the actual purchase price. Buying a home is the biggest investment most people will make in their lifetime. Unless you have unlimited funding, you need to be realistic about what it is you can afford because chances are, the price will be higher than what was advertised.

How does one calculate what’s affordable?

If you are unsure about what you can afford, a mortgage advisor or bank can help you to weigh up your income and expenditure to determine the most cost-effective solutions for you when it comes to purchasing your property. In the Netherlands, the purchase price can vary greatly from what you originally see online. Your real estate agent will guide you through the effects that the valuation process will impact on the property you are interested in.

Okay – so where do I start?!

From there, we can draw up a list of appropriate options to suit your needs. That being said, there is no point in purchasing a home that doesn’t live up to the value of the property, so do proceed with caution and consult your real estate agent beforehand to do any background research.

Why work with a real estate agent?

Barry Burgemeester is a Dutch native. Originally hailing from Utrecht, he has worked for over 23 years in real estate in Amsterdam and his extensive knowledge of the area is uncontested.

Barry’s background and expertise are invaluable to our expat clients, mainly because his wealth of experience within the Dutch market guarantees that he will be able to predict any potential issues or concerns you may have when introduced to this unfamiliar territory. Get in touch at info@burgemeestervastgoed.nl today!