The most expensive canal ring is Herengracht (pronounced Heragrach, if my dutch serves me). I linked a fun study earlier in the thread about the prices on there. If you want a look, check out www.funda.nl- it has an english option and see prices for yourself. You can find studios on the outer canal rings for as little as 120k eur- granted they will be rabbit hutches, but probably not a bad long term investment. I recently saw a 135k 20m square studio on the canal ring after Herengracht- extremely nice finish (wasn't even freehold, was on a municipal lease), went in less than a week. I actually live in a canal house (again I consider myself extremely lucky), it's pretty cool! Apart from the general noise at night it's a beautiful view when it's not raining- actually sometimes even when it is too

But yeah 2 million euros isn't even the lowest end of what large apartments in the more beautiful parts of the centre can cost. There are some truly incredible properties available. Another anecdote- a corner house on Herengracht facing the Amstel river was renovated, and all of the flats went in less than a week. Some property developers are making out like bandits right now.