Homes near Fabel Friet in the Negen Straatjes sell for less than comparable homes further away. Every day, a long line of tourists waits outside the chip shop.
Homes within 70 metres of the shop have lost 11.4% of their value, according to research by Rosa van der Drift, a PhD candidate at TU Delft.
How the study worked
Van der Drift compared sale prices of homes within 500 metres of the snack bar and its queue with those of homes more than a kilometre away. She looked at 6,233 home sales in Amsterdam between 2015 and 2023, and took account of differences such as floor area, building period and maintenance.
From 2022, when the queues began to grow, prices near Fabel Friet fell by an average of 4.88% compared with similar homes further away. The research puts that at a loss of €41,000.
Before Fabel Friet became a TikTok hype, prices around the snack bar moved in line with those of comparable homes elsewhere in the city.
The closer the queue, the bigger the drop
The study does not say whether the queue, the full bins or a mix of factors is pushing prices down. It does show that the effect grows the closer a home is to the queue.
Homes within 70 metres fell 11.4% in value. Between 70 and 500 metres, the drop was about 4.7%.
Residents in court
Residents have complained about the shop’s popularity for some time. They say tourists crowd the pavement and the bridge while they wait for their fries or photograph snacks with unusual toppings.
Empty fries trays turn up far from the shop and the bins are always full.
On the morning of Tuesday 29 September, a group of Negen Straatjes residents faced the city and Fabel Friet in court. They want the shop’s operating licence withdrawn.
Fabel Friet opened in the summer of 2020.
Fabel Friet and its lawyers argued that the nuisance has fallen sharply. They said visitor numbers are 23% lower than last year, partly because four more branches have opened in the centre, and that nearby bins are emptied four times a day.
The city acknowledged enormous pressure on the area’s living conditions. It said this was not enough to refuse the licence, because Fabel Friet has not broken any rules.
The court expects to rule by 10 November at the latest.
Thinking about listing your own property? Take a look at our step-by-step guide to selling a home in Amsterdam.
![Top [count] Travel Blogs to Follow - OnToplist.com](https://www.ontoplist.com/images/ontoplist31.png?id=6a8dcf108f478)