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Sep 14, 2024

Resettling

Living

Biggest Expenses Expats Need to Know About When Renting a Home in The Netherlands

When relocating to the Netherlands, unexpected expenses can quickly add up. The last thing you want is to be caught off guard when renting a home. To help you avoid surprises, here are five key costs to keep in mind.

1. Timing Is Everything

When it comes to securing a rental in the Netherlands, time is money. While you might want to carefully plan and schedule viewings in advance, the fast-moving market often fills viewings within 24 hours, leaving little time for hesitation. Delays not only increase the risk of missing out on a great property but also carry an opportunity cost—precious time spent juggling viewings and schedules could be better used elsewhere in your relocation. With our team handling the logistics, you will secure viewings before they disappear, all while allowing you to focus on other important aspects of your move.

2. Competitive and Pricey Market

Dutch cities rank among the most competitive rental markets in the world, with prices often surpassing those in other European cities. This is due in part to limited housing options for expats, as a significant portion of homes are under government regulation, further restricting availability. It’s not uncommon for properties to receive hundreds of viewing requests within 24 hours of being listed. Working with an agent who understands the intricacies of this market can significantly increase your chances of securing a viewing—and ultimately, the right home.

3. Overbidding

In cities like Amsterdam, it's common for agencies to invite 15-20 potential tenants to view a property, and around 25-50% of them will submit a proposal. This often leads to overbidding, where the highest offer may secure the property. Our expertise allows us to advise on when an overbid is necessary and how much it should be, giving you a better chance of standing out from the competition without overpaying.

4. Energy Efficiency and Utilities

Utilities, including water, electricity, gas, TV, and internet, can be among your biggest monthly expenses after rent. The energy efficiency of the property plays a major role in these costs. Dutch landlords are required to provide the home’s energy rating, but this information isn’t always available upfront. With us on your side, you can better understand the likely utility costs before committing to a rental.

5. Additional Costs

Several other expenses can catch expats off guard when renting in the Netherlands. While some of these costs may be mentioned in the property listing, many are revealed during or after the viewing process. We can help you get a full picture of these costs earlier, so you can make an informed decision about each property.

  • Deposit: – Typically 1-2 months of rent, this is held by the landlord to cover potential damages.
  • Service Costs – These are outlined in the rental agreement and cover maintenance, cleaning, or building-related expenses.
  • VvE Fees – The Homeowners’ Association (VvE) fees may be passed on to renters in some properties.
  • Municipal Taxes – These are dependent on the city you live in and the number of residents.

Need Help Finding a Home?

Having a professional agent not only helps you avoid unexpected expenses but also ensures you’re getting the best possible rental. We’re here to make the process easier. Contact Us today to get started with expert guidance on finding your ideal home in the Netherlands.

Schedule Your Free Consultation Today

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