Integrated Bulgarian Real Estate Platform
A local trusted partner
for Bulgarian Real Estate Investment.
One platform controls every stage. Design, construction, management, exit. No outsourcing. No hidden conflicts. We publish what most operators hide.
16 exits. 100% capital returned. 6 active projects in the market we know from the inside — Bulgaria.
LIVE
Bulgarian Market Pulse — refreshed monthly
Macro indicators plus a district-level Sofia read.
YOUR INVESTMENT JOURNEY
Six steps. Profile to position.
No long forms. No black box. You see exactly what comes next at every stage.
Your Profile
Tell us your capital range and time horizon.
Choose Product
Pick the product that matches your goals.
Investment Path
See how the deal flows from entry to exit.
Fee Structure
Transparent fees. No hidden costs.
Your Plan
A tailored allocation plan in writing.
Final Steps
Sign the SPV docs and fund your position.
A 2-minute assessment — no email required
HOW IT WORKS
One System. Four Stages. Zero Improvisation.
Capital-protected real estate, designed and built and managed and exited under one platform. Same operating system on every project.
Source
53 reviewed · 9 deployed
Off-market scouting and broker networks. 83% of opportunities decline with documented rationale on file.
Validate
4 mandatory gates
Smart Deal Filter, Fortress Balance Sheet, Three-Scenario Model, Legal Clearance. Fail one and we decline the deal.
Build
Milestone-controlled
Capital releases on title deed and permit milestones — never on calendar. Construction in-house through KOGER.
Exit
16 exits · 100% returned
Sixteen completed exits since 2021 with capital returned in full. Realized and projected reported separately throughout the site.
OUR PERFORMANCE
16 exits. Capital returned in full.
Realized and active, shown separately. We do not blend exits with projections.
Realized Results
100% capital returned. Average 17% annual.
€4.2M
Capital Deployed
€2.1M
Net Profit
17%
Avg Annual ROI
LATEST EXIT
Lyulin
Q4 2021 – Aug 2025 (45 mo)
€1.4M
Net Profit
€745K
Capital Deployed
Opportunity-creation play. Consolidated 5 parcels off-market, exited at visa stage. €/m² rose from €196 to €607. 181% ROI on capital.
Read the case studyIn Flight — 6 active (projected)
Full-cycle exits 2021–2025. Realized returns only. In-flight figures are management underwriting targets, not guarantees.
GOVERNANCE & OVERSIGHT
Who stands behind the numbers
Executive Director, legal counsel, external audit. Three independent functions that make the transparency verifiable.
Executive Director
Natalia Stoyanova
Platform operations lead
Runs the platform end-to-end — investor reporting, capital calls, distributions, NAV. Legal and compliance report in through this seat.
Legal Counsel
Gergana Daskalova
22 yrs Bulgarian RE and corporate law
Reviews every SPV formation, contract, and investor position. Legal oversight is in-house — not outsourced.
Audit Partner
To be announcedPending
Target: FY 2025 in Q3 2026
External audit of the fund and SPV structures. Final firm name published once the engagement letter is signed.
VIG operates today as a private fund and project SPVs under Bulgarian commercial law. AIF registration scheduled for Q3 2026 with the Bulgarian FSC.
Capital Protection
How We Protect Your Capital
Three layers built into every deal. Not promises — structures.
SPV Isolation
Every project in a separate legal entity. 9 SPVs live, zero co-mingling.
Milestone-Controlled Capital
Funds release on title deed, permit, certificate. Never on calendar.
Legal Oversight
22 years of RE law in-house. Every doc reviewed before commitment.
Performance disclosure: Realized results cover 16 completed exits (2022–2026) across Development and Fix & Flip strategies. Projected returns for active projects are management underwriting targets, not guarantees. Realized and projected figures are shown separately throughout the site.
Past performance does not guarantee future results. All investments carry risk. This website does not constitute investment advice. VIG does not guarantee any specific rate of return.