Property in Amsterdam has risen because of Russians and Chinese

Property in Amsterdam has risen because of Russians and Chinese

Property prices in Amsterdam rose by 1.9% in the fourth quarter of 2012, marking the first quarterly rise after a decline of 7% in the first nine months of the year. Foreign investors, especially from China and Russia, as well as Israeland Australia, have contributed largely higher prices, according to the Property Investor Europe.

The main foreign investors in the property market of Hollandare the British, French and Germans. In Amsterdam, the most popular objects are property in the center, especially around the main canals Herengracht, Keizersgracht and Prinsengracht.

Cost per square meter in prime reaches is €9,000.  In this case, the Netherlands is one of the countries with the largest decline in housing prices.