Why Bri­tish mil­len­ni­als are buy­ing pads in Am­s­ter­dam

The Daily Telegraph - Property - - International -

den­tial build­ings, Bold and B’mine.

At Bold, a 24-storey, en­ergy-ef­fi­cient tower, 143 two to four-bed­room flats are com­ing on the mar­ket this au­tumn, priced from €418,000 to nearly €3mil­lion for a pent­house (hal­lie-van­klooster.nl). Don’t de­lay: all 147 apart­ments at B’mine, which were avail­able to rent from €711 to €1,785 per month, have been snapped up.

Liz and Joel Clif­ford, a cou­ple in their mid-30s, de­cided to rent first when mov­ing to Am­s­ter­dam from Tot­ten­ham, north Lon­don, a year ago af­ter Joel took a job at Nike’s Euro­pean head- quar­ters. They’re pay­ing €2,600 a month to live with their two young chil­dren in a large, three-bed­room gar­den flat in a typ­i­cal Dutch town­house in Water­graaf­s­meer, an­other pop­u­lar res­i­den­tial area east of the Am­s­tel river.

“The qual­ity of life is much higher than in Lon­don, in all as­pects,” says Liz, a free­lance ed­i­tor. “It’s a much smaller city, the air qual­ity is so much bet­ter and there are hardly any cars where we live, so the chil­dren can ride bikes safely and walk to school.”

An­other hot new area is Am­stelk­wartier, on the river, just west of where the Clif­fords live. Homes in Haut, a new 20-storey build­ing pre­dom­i­nantly con­structed from tim­ber, are com­ing on the mar­ket this au­tumn. Nan­neke Koop­man of Broersma, the Knight Frank af­fil­i­ate mar­ket­ing the prop­erty, reck­ons a 1,000 sq ft apart­ment will sell for €750,000 (broersma.nl). “This de­vel­op­ment would ap­peal to young in­ter­na­tional buy­ers as it’s in a good lo­ca­tion close to the city, with easy ac­cess by pub­lic trans­port and, of course, by bike,” she says. “And it has a fo­cus on sus­tain­abil­ity, as well as lux­ury.”

Flats at Bold, main, hit the mar­ket this au­tumn from €418,000; a twobed­room flat with a court­yard on the edge of Jordaan, be­low, is €515,000 with Re­max

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