International hotel investment forum IHIF in Berlin postponed due to coronavirus
The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers. Organizers Of the international hotel…

Continue reading →

French businesses temporarily exempt from property payments
The French President introduced a delay in utility and rental payments for small businesses. The country's authorities are trying to support the economy in connection with the spread of the…

Continue reading →

Waiting for a recession: as the Russian ultrahindi saving money in real estate
The coronavirus pandemic, panic on world markets, quarantine, falling oil prices and the falling ruble have affected the real estate market. The first to suffer were the hotel segment and…

Continue reading →

The boom in the real estate market in the Netherlands continues

Supply does not keep up with demand, and prices are rising, according to Global Property Guide.

Property prices in the Netherlands continue to rise, supported by record low interest rates, and supply is unable to meet high demand.

Housing on average rose by 6.5 % during 2019. For the fourth quarter of last year, prices increased by 4.2 %.

Real estate in the Netherlands has been steadily growing in price for several years: by 8.5 % in 2018, by 6.9 % in 2017, by 8.8% in 2016, by 4.5% in 2015 and by 2.7% in 2014.

According to the Dutch Central Bureau of statistics (CBS), 218,595 properties were sold in the country in 2019. This indicator remained at the level of 2018,when there was a nearly 10% decrease in sales. Weak sales figures in recent years are due to a lack of supply.

The real estate market in the Netherlands shows an attractive yield for the developed economy – from 3.7 % to 6.4 %.

An apartment in Amsterdam will be expensive — about 6,900 euros per sq. m., according to the Global Property Guide.

You can buy an apartment with an area of 120 sq. m. in the center of Amsterdam for an average of 828 thousand euros. At the same time, you will be able to rent it for 2,570 euros per month with a yield of 3.7 %.

The same apartment in the center of the Hague costs 438 thousand euros. And you can rent it for 2,050 euros per month with a yield of 5.6 %.

Growth in the Dutch economy slowed to 1.7 % in 2019, compared with the previous year’s figure of 2.6 %. This is the lowest level since 2014, according to the Dutch Central Bureau of statistics.

The European Commission forecasts that the country’s economy will continue to slow down: GDP growth will be 1.3 % both this year and in 2021.

The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

...

UK increases stamp duty for foreign property buyers
The stamp duty surcharge will begin to be collected from April 2021. This decision may lead to a temporary surge in the activity of foreign investors in the country's market,…

...

Named Spanish regions with the highest salaries
The average salary in the country is 1,695 euros per month before taxes, according to Idealista. Madrid and the Basque Country are the regions of Spain with the highest salaries,…

...

The boom in the real estate market in the Netherlands continues
Supply does not keep up with demand, and prices are rising, according to Global Property Guide. Property prices in the Netherlands continue to rise, supported by record low interest rates,…

...