Having Dutch law apply to the owners of Dutch property doesn't seem like a huge government overreach. If, however, the law ends up giving the Dutch government

Having Dutch law apply to the owners of Dutch property doesn't seem like a huge government overreach. If, however, the law ends up giving the Dutch government information about, for example, Estonian freelancers, then there would be reason to complain. The "smell test" for this will be whether the person whose data is accessed is allowed to be informed by the service provider when a government request comes in, and from which government, and why.