Competition in Amsterdam’s property market is driving the prices of even the smallest apartments through their postage stamp-sized roofs. A studio on Prinsengracht has been listed at €200,000 for a total floor area of 17m2, working out at €11,765 per square metre.
The property manages to squeeze all mod cons into a compact space: a walk-in shower, fitted kitchen and, of course, a view of the iconic waterway. However, there is no room for a balcony or a lift to the second-storey flat, and the boutique space attracts monthly service charges of €126.
The flat, listed on estate agents’ portal Funda, may be suitable for Brexiteers looking for a pied-à-terre overlooking the canal or parents seeking a starter abode for their son or daughter.
Prinsengracht is becoming a hub for tiny and expensive flats in Amsterdam. In April 2017, an even smaller canalside studio of just 13 m2 was sold for more than €150,000.
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