Penalty Clause When Buying Property in Amsterdam
Amsterdam has one of the most expensive housing markets in the Netherlands. With average prices of €550,000 or more, the 10% penalty can exceed €55,000.
Amsterdam market risks
- High prices increase the financial risk of the penalty clause
- Overbidding makes financing more difficult
- Ground lease (erfpacht) can cause extra complications
Legal help in Amsterdam
Our legal experts can advise you on property purchases in Amsterdam.