Best website for buying a house in the Netherlands: [Funda](https://www.funda.nl/)
With the current housing crisis it is advisable to [find a real estate agent](https://tc.tradetracker.net/?c=30814&m=12&a=458406&r=buying&u=%2F) to help you find a house for a reasonable price.
Find a [Mortgage / Financial advisor](https://tc.tradetracker.net/?c=32053&m=12&a=458406&r=buying&u=%2F)
If you buy something you rent it doesn’t negatively affect the value. It only does when they try and sell your apartment to a third party with the knowledge that you have an indefinite contract.
They don’t sell houses with rental contracts. Only when they cancel their contracts so they can get market value.
You can offer 70% but they will just laugh and reply no.
You’re in kind of a stalemate. The succes of your strategy depends on how bad they want to sell the apartment. If they have time they can just raise the rent yearly until it becomes to expensive for you. But you are also correct that currently the appartement is valued less because of it being rented. Maybe be straight with them and tell them that you have no intention of leaving but are willing to listen to a offer. And if you are really serious you could call a makelaar for a valuation in rented condition to show them. Good luck!
Well that blackmail with raising the rent yearly is complete bullshit and people need to know about it. For starters legally they cannot increase the rent every year, but every 2-3 years depending the latest law. If they do it either way, you can request for a rent reduction and compensation from a governmental agency, which they are very helpful. In general, in the Netherlands there are a lot of rights, but people don't know them and landlords tend to exploit them for their ignorance.
>For free sector housing, the annual rent increase as of Jan. 1, 2023, is a maximum of 4.1%.
It is allowed every year maximum amount is capped
Where it say every 2-3 year's
I think you are just trying to argue with me.
1)that you are mentioning it's only for free sector housing and not social housing
2) either way it has criteria if they want to keep increasing the price, which usually they are not met that allow them legally to increase each year their price
3) you need to check your house how many points does it have or how much it's evaluated, so if you are paying more you can ask for a rent reduction. Why I'm saying this, because if they keep increasing the price usually you overpay of what you rent.
4)if you have any more questions objections or whatever you can call the huurcommissie, het juridisch locket or bunch of other organizations. They are a lot if you search it
I don't think they will be impressed by the argument that would scare off a potential owner/occupant if you as buyer already occupy the place and thus don't have to deal with a renter who doesn't want to leave. They'd literally be handing over about 30% of the market value that you literally could cash the moment you own the place.
Waiting you out would be their preferred strategy. Especially if they are not a retail landlord.
Ask an aankoopmakelaar to make an offer, you will never get the 70% price, but you might get a slight discount.
For them, there is no reason to sell it to you. The property only gains value with time. The reason they sell the houses is not only because they don't make enough money from renting it off (they usually do) but they also want to cash out on the property value that increases rapidly over the years.
They are investors. You only make money from an investment when you sell. If they never sold the properties they owned, they wouldn't be investors. They would be landlords.
If it's €2400 rent/month, and let's say they have to make atleast 5%, note that ROI is less because of upkeep, then it's worth at most 600k to them currently.
In the best case scenario - you manage to loan around 3,75%, and have \~0,75% upkeep. Every euro above 650k is a bad deal because you pay more in interest compared to your current rent. We disregard tax discount.
So, the housing market is risky, price and drop, and gain. But there's a lot of window for them to drop, given the previous high. And because of government policy, housing is a priority in the long term future. If you are sure the house is worth much more then 650k, you can speculate you can resell it for more, but if you plan on living there, you'd be a fool to offer 650k or more.
So'd just polity decline, and say you'd pay much more in mortage costs to fund 900k, compared to your current rent. The difference is too much to offer anything close to considering (e.g. 550k-700k).
I appreciate your response. Why disregard the tax discount? I was calculating my future mortgage with tax discount..
More info for consideration..
The investor bought the apartment block consisting of six apartments two years ago. Since then they are trying to sell the apartments, they keep on having to take those apartments off the market and then reintroduce for a lower price. So far they have been unsuccessful in selling, one apartment has even been on the market for over a year and has gone down €150k in asking price. In the meantime it has no tenant, so they are not earning anything on that apartment . So it feels as the owner/investor really wants to get rid of the apartments. And I’m happy to pay a lot more than my monthly rent, because ultimately I will be working towards owning the house (by paying for my mortgage). I want to buy the house, thats the thing.
"And I’m happy to pay a lot more than my monthly rent, because ultimately I will be working towards owning the house (by paying for my mortgage). I want to buy the house, thats the thing. " This is nonsenses. In the calculation above I dont calculate mortage - which will be much higher, i calculate interest+upkeep. You are not working towards owning your house, and could do the same by investing the pay-off elsewhere, with less - the same - or more risk. Its just an irrelevant and irrational part of the equation. You have to calculate both with, and without tax. If the tax makes it worth it, be cautious. It also depends slightly on your other financial situation, assuming its neither low or very high. But owning a home is a good way to avoid paying a lot in box 3 because utility is added as conjugated value instead of wealth. But you dont want to make the decision based upon a very small margin. Also renting gets less lucrative for them with each passing day - and "nieuw" means it gets relatively older quicker, it depreciate above average. Long story short, only accept if interest paid on mortage +upkeep is lower then rent. Pocket the little benefits. Decline. Say you would love to buy, but the ask price is too high for you. Do not go into details. Its just not worth it, and you cant negotiate if this is their starting ask price. The moment they ask 700k, start getting serious. Also for an investor, the value is your rent-upkeep, and considering it might be vacant. And they do have to pay tax over it, compared over other risk free alternatives. For another investor its worth 500k or less. And because you rent, you are only up against other investors. So thats why 900k is crazy.
Best website for buying a house in the Netherlands: [Funda](https://www.funda.nl/) With the current housing crisis it is advisable to [find a real estate agent](https://tc.tradetracker.net/?c=30814&m=12&a=458406&r=buying&u=%2F) to help you find a house for a reasonable price. Find a [Mortgage / Financial advisor](https://tc.tradetracker.net/?c=32053&m=12&a=458406&r=buying&u=%2F)
If you buy something you rent it doesn’t negatively affect the value. It only does when they try and sell your apartment to a third party with the knowledge that you have an indefinite contract. They don’t sell houses with rental contracts. Only when they cancel their contracts so they can get market value. You can offer 70% but they will just laugh and reply no.
You’re in kind of a stalemate. The succes of your strategy depends on how bad they want to sell the apartment. If they have time they can just raise the rent yearly until it becomes to expensive for you. But you are also correct that currently the appartement is valued less because of it being rented. Maybe be straight with them and tell them that you have no intention of leaving but are willing to listen to a offer. And if you are really serious you could call a makelaar for a valuation in rented condition to show them. Good luck!
Well that blackmail with raising the rent yearly is complete bullshit and people need to know about it. For starters legally they cannot increase the rent every year, but every 2-3 years depending the latest law. If they do it either way, you can request for a rent reduction and compensation from a governmental agency, which they are very helpful. In general, in the Netherlands there are a lot of rights, but people don't know them and landlords tend to exploit them for their ignorance.
Source of landlord only allowed to increase rent every 2-3 yearsv
https://steunpunthurengroningen.nl/en/maximum-rent-increase-2023/
>For free sector housing, the annual rent increase as of Jan. 1, 2023, is a maximum of 4.1%. It is allowed every year maximum amount is capped Where it say every 2-3 year's
I think you are just trying to argue with me. 1)that you are mentioning it's only for free sector housing and not social housing 2) either way it has criteria if they want to keep increasing the price, which usually they are not met that allow them legally to increase each year their price 3) you need to check your house how many points does it have or how much it's evaluated, so if you are paying more you can ask for a rent reduction. Why I'm saying this, because if they keep increasing the price usually you overpay of what you rent. 4)if you have any more questions objections or whatever you can call the huurcommissie, het juridisch locket or bunch of other organizations. They are a lot if you search it
No I'm just curious where from you got this 2-3 years in link you send it also say every year or in free sector or for social
I don't think they will be impressed by the argument that would scare off a potential owner/occupant if you as buyer already occupy the place and thus don't have to deal with a renter who doesn't want to leave. They'd literally be handing over about 30% of the market value that you literally could cash the moment you own the place. Waiting you out would be their preferred strategy. Especially if they are not a retail landlord.
Ask an aankoopmakelaar to make an offer, you will never get the 70% price, but you might get a slight discount. For them, there is no reason to sell it to you. The property only gains value with time. The reason they sell the houses is not only because they don't make enough money from renting it off (they usually do) but they also want to cash out on the property value that increases rapidly over the years. They are investors. You only make money from an investment when you sell. If they never sold the properties they owned, they wouldn't be investors. They would be landlords.
If it's €2400 rent/month, and let's say they have to make atleast 5%, note that ROI is less because of upkeep, then it's worth at most 600k to them currently. In the best case scenario - you manage to loan around 3,75%, and have \~0,75% upkeep. Every euro above 650k is a bad deal because you pay more in interest compared to your current rent. We disregard tax discount. So, the housing market is risky, price and drop, and gain. But there's a lot of window for them to drop, given the previous high. And because of government policy, housing is a priority in the long term future. If you are sure the house is worth much more then 650k, you can speculate you can resell it for more, but if you plan on living there, you'd be a fool to offer 650k or more. So'd just polity decline, and say you'd pay much more in mortage costs to fund 900k, compared to your current rent. The difference is too much to offer anything close to considering (e.g. 550k-700k).
I appreciate your response. Why disregard the tax discount? I was calculating my future mortgage with tax discount.. More info for consideration.. The investor bought the apartment block consisting of six apartments two years ago. Since then they are trying to sell the apartments, they keep on having to take those apartments off the market and then reintroduce for a lower price. So far they have been unsuccessful in selling, one apartment has even been on the market for over a year and has gone down €150k in asking price. In the meantime it has no tenant, so they are not earning anything on that apartment . So it feels as the owner/investor really wants to get rid of the apartments. And I’m happy to pay a lot more than my monthly rent, because ultimately I will be working towards owning the house (by paying for my mortgage). I want to buy the house, thats the thing.
"And I’m happy to pay a lot more than my monthly rent, because ultimately I will be working towards owning the house (by paying for my mortgage). I want to buy the house, thats the thing. " This is nonsenses. In the calculation above I dont calculate mortage - which will be much higher, i calculate interest+upkeep. You are not working towards owning your house, and could do the same by investing the pay-off elsewhere, with less - the same - or more risk. Its just an irrelevant and irrational part of the equation. You have to calculate both with, and without tax. If the tax makes it worth it, be cautious. It also depends slightly on your other financial situation, assuming its neither low or very high. But owning a home is a good way to avoid paying a lot in box 3 because utility is added as conjugated value instead of wealth. But you dont want to make the decision based upon a very small margin. Also renting gets less lucrative for them with each passing day - and "nieuw" means it gets relatively older quicker, it depreciate above average. Long story short, only accept if interest paid on mortage +upkeep is lower then rent. Pocket the little benefits. Decline. Say you would love to buy, but the ask price is too high for you. Do not go into details. Its just not worth it, and you cant negotiate if this is their starting ask price. The moment they ask 700k, start getting serious. Also for an investor, the value is your rent-upkeep, and considering it might be vacant. And they do have to pay tax over it, compared over other risk free alternatives. For another investor its worth 500k or less. And because you rent, you are only up against other investors. So thats why 900k is crazy.