The competitive rental market in Amsterdam makes buying to rent an attractive option. Although you will not benefit from the tax refund for the interest paid as it is not your primary living address, the rent you charge is 100% tax free. You will have to pay a tax for the perceived benefit of owning a house and this is 4%. It is quite common practice to buy to rent in Amsterdam. If you are living here and you already own a house you will have to consult a mortgage broker to determine if it will be possible for you to take out a second mortgage. You may have to provide a deposit of 10% or more to purchase the second house.