In this blog post we breakdown some of the elements you can expect in higher price ranges (€750,000 and above). This is part of a short series of blog posts where we will look at what you can expect in Amsterdam when buying with different budgets.
SUMMER 2020 UPDATE: Burgemeester Vastgoed continues to find customers their dream homes throughout coronavirus. We have implemented multiple safety precautions, which you can find listed on our home page: https://burgemeestervastgoed.nl/
While the information contained within this blog post is still accurate, we also wanted to update on how the market is moving at the moment. We still have a number of clients, and see a strong demand for new homes in Amsterdam. However, there is a lower supply at the moment. There are still some amazing properties to be found, but it makes it more important than ever to have a well-connected buying agent who can give you the edge. We expect luxury property prices to increase in the coming months, based on what we are experiencing at present.
When many buyers start looking at properties in Amsterdam, often a priority is to get good value for their money. Regardless of budget– nobody wants to feel like they’ve been cheated or misled.
But if you’re new to the Amsterdam market it’s also important that you are realistic. Your budget in Amsterdam won’t get you as much as it would in more rural areas.
At Burgemeester Vastgoed we help buyers in a whole range of prices, from ~€400,000 to €5,000,000. Below we have looked specifically at the €750,000-€1,000,000 – as we feel that this price range can open up a whole new world of opportunities to those who are able to afford it.
So, what things should you be looking out for when looking in this price range? What can you expect?
High quality finishes
Properties within this price range should have a higher quality finish, using durable materials. Unless you are looking specifically for a renovation project, you should not have to worry about the lifespan of the structure or interior. When viewing the property be sure to note things such as the quality of the windows, lighting installations, stairs, etc. closely.
You can also expect a higher level of design. It’s not unusual to find an apartment or house which has clearly been touched by a talented interior designer.
As a taller individual, I’m familiar with the challenge of low ceilings. You can tell when a property has been built purely to shift as many apartments as possible, because the ceilings are lower – just so they can fit one more in.
As you reach the higher property prices you tend to see much higher ceilings. This isn’t just helpful for more towering individuals, but also makes the space feel lighter and larger.
Space for everyone
Particularly if you are a family with children, it can be difficult to find homes where you don’t feel like you are living on top of each other. However, when you start looking at the €750,000+ range it becomes easier to find somewhere where everyone can have their own space.
In addition, you tend to find that the kitchen and living room are bigger than the Amsterdam standard. If you’re a keen cook then it can be a godsend to have just a few extra square meters for your appliances and workspace.
Another benefit is multiple bathrooms or toilets. Again, this is a major plus for families tired of shouting at each other to get out of the shower.
Usually when you reach the higher price ranges you can expect at least one magical selling point – something that will make you go “wow”!
This could be:
- a private sauna
- a large roof terrace with a view
- multiple bathrooms
- a sunshower
These properties tend to often be found in very safe and family-friendly parts of the city. The Old South, West, Amstelveen, and others.
You’ll usually note the proximity of important services: supermarkets, shopping centres, doctors, schools – all should be close-by.
Did you know: Burgemeester Vastgoed never takes on competing clients. All our clients must be in different price ranges or looking in different areas. Get in touch if you’re looking to buy in Amsterdam.