The Netherlands now has more than 273,000 homes valued at over €1 million; for the first time, they’re spreading well beyond the usual wealthy municipalities.
According to the valuation company Calcasa, the number of so-called miljoenenwoningen (million-euro homes) rose by nearly 50,000 in 2025 alone. And that number just keeps growing.
As of 2026, 6.2% of all owner-occupied homes in the country are above the seven-figure mark, or roughly one in every 16.
To put this figure into perspective, during the depths of the financial crisis in 2013, just 12,500 Dutch homes were worth over a million.
Here’s where you’ll find million-euro homes popping up
What surprised researchers was that the biggest absolute increases weren’t in Amsterdam, but in:
- Utrecht (+1,600 increase),
- The Hague (+1,500 increase),
- Breda (+900 increase),
- Rotterdam (+700 increase),
- Amersfoort (+700 increase),
- and ‘s-Hertogenbosch (+700 increase).
Municipalities in Zeist, Ede, and Nijmegen also reported sharp rises in the number of million-euro homes.
In addition to this, million-euro homes are no longer just detached villas in leafy gemeenten (municipalities).
Just over half are freestanding houses, but the category now includes apartments (9%), terraced homes (12%), and semi-detached properties (15%). The typical million-euro home in the report covers around 210 square metres of living space and sits on a plot of just over 1,200 square metres.
What does this mean for prospective home-buyers?
Despite the Dutch housing market cooling slightly in 2026, the overall outlook for home-buyers isn’t quite as rosy.
Sustained price growth means properties that would have sat comfortably below €800,000 a few years ago are now crossing the million threshold without any change in size or quality.
Given that transfer tax (overdrachtsbelasting) in the Netherlands is calculated as a percentage of the purchase price, a higher valuation means a higher tax bill at the point of sale.
In addition to this, mortgage borrowing limits are also tied to income, meaning the gap between what homes cost and what buyers can borrow continues to widen.
However, people are still buying. Nearly 8,000 million-euro homes were sold last year, up 31% on 2024.
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