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Glossary

Penthouse Lease

A penthouse lease is a standard residential rental agreement for a luxury apartment on the top floor of a building, always falling within the 'free sector' with no rent control.

Contract Types

Leasing a Top-Tier Property

A penthouse (penthouse) in the Dutch context refers to an apartment located on the highest floor (or floors) of a building, distinguished by its luxury features, superior views, and often, exclusive access to a large roof terrace (dakterras). A penthouse lease is not a special legal category of contract; it is a standard residential lease agreement (huurovereenkomst voor woonruimte). The 'penthouse' designation is a marketing term that signifies the quality, location, and price point of the property. Due to their high value and desirability, penthouses are invariably rented out in the free sector (vrije sector) of the Dutch rental market. This means the initial rent is above the liberalization threshold, and therefore the landlord has the freedom to set the rent at any price the market will bear, and the property is not subject to the points system (woningwaarderingsstelsel) or rent control.

What Defines a Penthouse?

While the term can sometimes be used loosely by agents for any top-floor apartment, a true penthouse typically has several distinguishing features that justify its premium status. Exclusive Outdoor Space: The most important feature is often a large, private roof terrace, offering far more space and privacy than a standard balcony. Views: Unobstructed, panoramic views over the city are a key selling point. High-End Finishes: The interior finish (afwerking) is expected to be of a much higher quality than in standard apartments, with luxury kitchens, designer bathrooms, and premium flooring. Privacy and Space: Penthouses often occupy the entire top floor, meaning no neighbors on the same level. They may also feature a more spacious, open-plan layout. The lease agreement for such a property is standard, but it will reflect the high value through its rent price and likely a correspondingly high security deposit (borg).

Further Reading

Income Requirement

The minimum gross income a prospective tenant must earn to be considered for a rental property, a primary and often rigid screening tool used by landlords.

Application Process

Crown Molding

A decorative trim applied to the junction where the walls meet the ceiling, adding a classic, finished, and often elegant look to a room.

Property Features

Vaulted Ceiling

A high, arched, or angled ceiling that extends up towards the roofline, creating a dramatic sense of space, volume, and openness in a room.

Property Features

Smart Lighting

A modern lighting system that can be controlled remotely via a smartphone app or smart home hub, offering convenience and customizable ambiances.

Property Features

Built-in Speakers

A luxury feature where speakers for a sound system are recessed into the ceilings or walls, offering a clean, integrated audio experience.

Property Features

Co-operative Housing

A housing model where residents collectively own and manage their own properties, a niche sector in the Netherlands that receives some government support for its creation.

Dutch Housing System

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