Estate agent in De Pijp
De Pijp lies between the Singelgracht, the Amstel and the Noorder Amstelkanaal. The Old Pijp around the Albert Cuyp market and the Sarphatipark was largely built at the end of the nineteenth century, the New Pijp towards the Amstel canal in the decades after. Many buildings were put up quickly and cheaply, so foundations and the owners association (VvE) count for more here than in almost any other area.
Buyers in De Pijp are often first-time buyers, couples and international buyers who want to walk into town. Most homes are small and medium-sized apartments, and that is exactly where the paperwork makes the difference: a clear foundation report and an active VvE demonstrably add value.
Four things buyers in De Pijp look at
Foundation survey and repair
Many blocks in De Pijp stand on wooden piles or shallow foundations. A recent foundation survey, and preferably a VvE decision on repair, removes a buyer's biggest doubt.
Ground lease
Almost everything in De Pijp is on municipal ground lease. Whether the ground rent has been bought off, and whether the owner has switched to perpetual ground lease, directly affects what a buyer can borrow.
Buy-to-let protection
In Amsterdam, apartments up to a certain WOZ value fall under buy-to-let protection: the buyer has to live there. That determines who may bid and therefore how prices form in the lower segment.
Garden, roof terrace or in between
A ground-floor apartment with a garden or a top floor with a permitted roof terrace is clearly worth more than the middle floors. Steep stairs and daylight weigh heavily with buyers.
About buying and selling in De Pijp
What is my apartment in De Pijp worth?
That depends heavily on the foundations, the ground lease and the floor. We first visit you, then look at what has been paid in your own block and street over the past year.
Our VvE has no foundation survey. Is that a problem?
Not always, but buyers and banks ask for it more and more. We look at what is known and whether it makes sense to commission the survey before the sale, so it does not come up during the negotiation.
Can I sell my apartment to an investor?
That depends on the WOZ value. Below the buy-to-let protection limit the buyer may in principle not let it out. We check what applies to your apartment and what that means for the group of buyers.