As of January 1, 2022, the purchase protection policy is in effect in the municipality of Amsterdam for homes up to a specific WOZ value. Initially, in 2022, this WOZ value limit was €512,000 and has been increased to €641,000 in 2024.
The purchase protection policy is an addition to the owner-occupancy requirement. It gives municipalities the ability to designate specific, desirable neighborhoods where homes cannot be bought for rental purposes. A municipality must clearly specify in advance which homes fall into the affordable and mid-range segments, as these are the homes that fall under the purchase protection policy. The purchase protection policy will be in place for five years, with the aim of giving first-time buyers and people with middle incomes a better chance of buying a home in the coming period.
