Welcome to Property Purchase Abroad

As our name suggests Property Purchase Abroad specialize in overseas property acquisitions and sales.
We source both commercial and residential property to match our clients requirements.

Investors will be most interested in our high yielding offerings across the Office, Retail and Warehouse/Logistic sectors in locations across the globe. Due to the confidentiality requirements imposed by sellers we often do not openly list our best offerings.  Please register your requirements with us so that we know to contact you when a particular property matches what you are looking for.

For Residential buyers we currently offer re-sale properties in France, Germany and the US and off plan builds in Poland. Each of these territories have their own positives and we are here to help you source the property you are looking for. If you don’t happen to see the property type you are looking for then please register as we are often able to source your particular style very quickly through our network of European contacts.

Commercial Sellers – we have contacts within many of the major funds and private investment companies. We know who is buying, where they are buying and what they are looking for. If you want to keep your property “off market” we can discretely contact the most likely bidder and secure a sale for you without the publicity of an open market offering.

24th June 2008

Immofinanz AG: German property package acquired for €64mn

Austria‘s Immofinanz AG acquired a German property package for approximately €64mn including three office and commercial buildings in inner-city locations in Hamburg, Frankfurt and Nuremberg with a total usable area of some 18,500 sqm, Immofinanz Chairman Karl Petrikovics told the Austrian newspaper Wirtschaftsblatt. In detail, the package consists of an office and commercial building at Mönckebergstrasse 13 in Hamburg with 6,413 sqm of usable area, an object at Hauptmarkt 2 in Nuremberg measuring 6,408 sqm and a 5,434 sqm property at Rossmarkt 13 in Frankfurt. It was stated that all of the objects are completely rented. All in all, according to the report, Immofinanz thus owns 129 objects with a total usable area of more than 1mn sqm in Germany. Although large-scale deals have meanwhile become smaller and more selective, Petrikovics said, “there are still first-class investment opportunities, especially in Germany. Source TD Daily

15th June 2008

Ten tax tips if you're moving abroad

Thousands of people who bought property abroad through a company will have a major tax threat lifted from next month.

Buying a holiday home using a corporate structure has been particularly popular in France to avoid stringent inheritance laws, but until recently it was feared the Revenue could levy a “benefit in kind” tax on the company. Source Times Online

26th May 2008

Prime Office Property in London Remains Attractive

Kuwait's offer to purchase the Willis Building last week has given the prime office market in London a lift, but it is not the beginning of the end for Britain's property downturn.

By agreeing to buy the building for £400 million, or about $792 million, from British Land, Kuwait, through its investment arm St Martins Property, is betting on the ability of London's financial center to ride out the credit crunch.

"It's set down an encouraging marker for the London City market," said Martin Lay, director of City investments at DTZ, a property services company. "It shows London is still an attractive place to invest for long-term investors."

Like other cash-rich investors, Kuwait can afford to play a long-term game.

26th May 2008

Berlin: German-Irish consortium for large-scale project at BBI

A German-Irish consortium wants to develop an office, retail, hotel and residential project near the future Berlin-Brandenburg International Airport (BBI) in Schönefeld.

The consortium consists of Munich-based Investa Projektentwicklungs- und Verwaltungs GmbH, the Irish investors Ulick and Des McEvaddy, as well as Farrell Grant Sparks. According to Irish media reports, the investors estimate the value of the completed development at €800mn.

Groundbreaking on the 86-acre site is scheduled for 2009 followed by a projected nine-year construction period.