Real estate Netherlands industry primarily deals with the activities of owning and transferring physical properties in Netherlands. Netherlands, having pleasant weather and being located at the heart of European transportation system, has an enormous potentiality in growing real estate business.
Key persons engaged in real estate industry of Netherlands
The key persons involved in real estate industry of Netherlands are accountants, attorneys, brokers, appraisers, counselors, government regulators, mortgage brokers, mortgage lenders, salespersons, surveyors.
Real estate prices in the Netherlands
Real estate prices in Netherlands vary according to the locality and quality of property.
The average real estate prices may vary from �300,000 to $300,000.
The price of cottage like structure ranges from �300,000 to $435,000, the price of apartments vary from �55,000 to $80,000 etc.
Potentiality of real estate market in Netherlands
Holland enjoys a high living standard and the community services of Netherlands are well maintained. That is why, Netherlands possesses an enormous business potentiality in real estate sector. During the last couple of years, real estate industry in Netherlands is going to be stabilized and expected to grow in the coming years. Market surveys are showing that in 2004, real estate markets in Netherlands grew by 2.5%.
Advice by experts
The person who would like to buy real estate property in Netherlands, should remember that legal transfer costs normally amount to a tax of 6% of the market value of the property and notary fees should be around 1.5% and V.A.T(Value Added Tax) will be on the current rate of 17.5%. The real estate agent fees may vary from 1.5% to 2.5%. It is also recommended that purchasers of real estate properties in Netherlands should take the help of a solicitor, a lawyer or notary to draw up primary contracts with the official notary. The real estate tax in Netherlands is levied annually by the local authorities .
Last Updated on : 25th June 2013