TV Star Jaap Jongbloed Scores Big on Amsterdam Home Sale
In a surprising turn of events, a well-known television personality has made a substantial profit on the sale of his Amsterdam property, while his former employer faces cutbacks. This real estate deal highlights the current market’s volatility, contrasting the success of the individual with the challenges within the media landscape.
A Lucrative Transaction
Jaap Jongbloed recently listed his home, located in the capital’s heart, for €1.6 million. Reports indicate the property has since been sold for €1.54 million. While a sale below the initial asking price may seem unfavorable, Jongbloed stands to gain significantly from the deal.
In 2010, when he purchased the property, Jongbloed secured a mortgage of €835,000. He also took out a second loan of €81,000 through his own company. The sale, therefore, nets Jongbloed a substantial profit.
Contrast in Fortunes
While Jongbloed celebrates financial success, his former employer, AVROTROS, recently ended the program “The Most Beautiful Girl in the Class” after almost twenty years. This action is a result of financial constraints, forcing the network to make difficult choices.
Property Details
The new owners are acquiring a double-ground house located in Amsterdam’s prime shopping district. The property offers 145 square meters of living space, spread over two floors. It features a spacious living area, thanks to large windows and high ceilings, three bedrooms, and two bathrooms. The house also has an energy label A.
A significant feature of the house is its 45-square-meter backyard facing south. This outdoor space provides a tranquil oasis amidst the bustling city center. The median sales price of homes in Amsterdam rose by 8.8% year-over-year, demonstrating the continued desirability of the area (CBS, 2024).
The house features a double ground floor property in the city center’s shopping heart. It provides a spacious living area due to large windows and high ceilings, three bedrooms, and two bathrooms. Jaap invested in the building’s maintenance, earning the house an energy label A.
Looking Ahead
This real estate transaction reflects current market trends, where property values can yield substantial profits. Jongbloed’s experience underscores the potential financial returns from strategic real estate investments, even as the media industry navigates significant changes.
