ACCESS NL > Housing in the Netherlands > Buying a house in the Netherlands > What factors should I take into account before buying a house or apartment?

Buying a house in the Netherlands

Is it compulsory to have a written contract to buy a house or is a verbal agreement binding as well in the Netherlands?

I have made an offer and signed a ‘contract of sale’ for a house. Can I still withdraw the offer?

I am considering buying an apartment. I have heard that I will become a member of a VvE (Vereniging van Eigenaren, Association of Owners). Can you explain what this is and what they do?

What does a notary do in the Netherlands?

What legal services does a notary provide?

How much do I pay for a notary service?

What factors should I take into account before buying a house or apartment?

A very important factor when buying a property is that you are clearly aware of the property’s legal standing. This means that you need to check whether it is eigen grond (freehold) or erfpacht (leasehold) property. If your potential house is freehold, then you fully own the plot and the house. Leasehold would mean that you only own the house but not the plot (this is the case for apartments as well). This means you will be paying an annual fee for renting the plot. Your real estate agent can provide this information.

Existing houses are usually sold as ‘kosten koper (kk)’. This means that all additional costs such as overdrachtsbelasting (property transfer tax) and notariskosten (notary costs) must be paid by the buyer.

New houses are usually sold as ‘vrij op naam (V.O.N.)’. This means that the purchase price includes BTW (VAT), property transfer tax and notary costs.

What costs are involved in buying a house or apartment?

What other costs should I consider before buying a house in Netherlands?

Which process should I follow when buying a house?