Why You Shouldn’t Wait to Start Your Property Search

Amsterdam’s rental market has been tight for years, but recently, it has become even more competitive for properties under €2000 per month. With limited supply and high demand, properties are being snapped up quickly, often within hours of being listed. Delaying your search until you arrive in Amsterdam means you might miss out on available homes or end up paying more than you budgeted for. And let’s face it—you don’t want to be stuck paying for hotels or short-term accommodations while you search for a place. That’s not affordable, especially in a city where the costs can quickly add up.

The urgency to act is even greater after the new Affordable Rent Act which came into effect on July 1st. This legislation has made the rental market more competitive than ever due to the seriously decreased supply of rental homes. Many properties that were previously available are now off the market or being sold, making it even harder to find a place in the lower and middle range.

Here’s why you need to start your property search now:

• Save Money and Avoid Hotel Stays: Rather than spending money on hotels while you search, virtual viewings let you secure a place before you even arrive. This is especially important as hotels in Amsterdam are not cheap, and those costs can quickly add up.
• Increased Competition: With the Affordable Rent Act in place, there are now fewer rental homes available, which means higher competition for properties under €2000. Every listing attracts a flood of interest, with some landlords receiving 80 to 300 offers. The first challenge is getting invited for a viewing; the second is making sure your offer stands out.
• Act Quickly: Properties can be rented out within 24-48 hours of being listed. Virtual viewings allow you to act quickly, making sure you don’t miss out on a great opportunity because you’re not physically in Amsterdam yet.
• Less Room for Flexibility: With so many people competing for the same properties, it’s important to be adaptable. In this market, you can’t afford to be too picky. The key is securing a suitable place first, and then making it your own once you’re settled.
• The Trick to Success: To stand a chance, the trick is to attend as many viewings as possible and submit as many aggressive offers as you can. In such a competitive market, it’s all about increasing your odds by staying persistent and showing landlords that you’re serious.
• Take Advantage of Our Expertise: Working with us means you’ll have access to our deep knowledge of the market and our ability to navigate the competitive landscape. We can guide you through virtual viewings and help you submit competitive offers, increasing your chances of success.

Don’t let distance or timing hold you back. By starting your search now through virtual viewings, you can avoid the stress and expense of temporary stays, and you’ll be better positioned to secure your ideal rental before someone else snaps it up.