4% of homes in the Netherlands now cost more than €1 million

Not so "goedkoop" after all 😅

In 2023, it was reported that a whopping 197,000 homes cost more than €1 million to buy in the Netherlands — around one in 25 of all homes in the country.

According to the figures from data collector Calcasa, the number of “million homes” has quadrupled since 2019.

The culprit? A significant increase in housing prices from 2020 to 2022 (disappointed, but not surprised).

READ MORE | Why is there a housing shortage in the Netherlands? The Dutch housing crisis explained

During this period, housing prices rose by up to 20%, gradually increasing the number of multi-million-euro homes in the Netherlands.

Million-euro cities and neighbourhoods

It probably comes as even less of a surprise when I tell you that Amsterdam has the most million homes in the country (around 20,000 homes), followed by The Hague, Rotterdam, and Utrecht.

@dutchreview Any takers? 🥲 #Meme #MemeCut #netherlands #housingcrisis #housing #fyp #amsterdam #voorjoupagina #expatlife #holland #economy ♬ original sound – DutchReview

But unlike 10 years ago, million-euro homes are now spread throughout the country instead of just in the Randstad.

The municipality of Bloemendaal has the highest percentage of million-euro homes compared to all houses in the municipality, with more than half of the properties costing €1+ million to buy.

And the most expensive street in the country? That’s the Konijnenlaan in Wassenaar, where the average cost of a house is €3.1 million. 😅

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Feature Image:Depositphotos
Katrien Nivera 🇵🇭
Katrien Nivera 🇵🇭
Third culture kid Katrien has been working as a writer and editor at DutchReview for over two years, originally moving to the Netherlands as a tween. Equipped with a Bachelor’s in communication and media and a Master’s in political communication, she’s here to stay for her passion for writing, whether it’s current Dutch affairs, the energy market, or universities. Just like the Dutch, Katrien lives by her agenda and enjoys the occasional frietje met mayo — she just wishes she could grow tall, too.

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