04 / Investment Memorandum

A closing arbitrage on the eastern edge of the EU.

The thesis is simple and time-bounded: build an institutional-grade residential product, structured for international investors, in the single best address of South-East Europe's fastest professionalising capital, then exit into a market repriced by Eurozone convergence.

Concept visualization

Imagine the village.

An illustrative pre-construction flythrough of the masterplan - for investor reference only. Not an architectural rendering of the final delivery.

Concept · for illustrative purposes
01 / Arbitrage

Hard-currency value gap

Sofia's high-end residential market trades at roughly one-third the per-m² of Vienna or Munich, while delivering comparable build standards and lifestyle amenity. Bankya leads the district's appreciation curve and continues to compress against Western peer cities as international buyers enter.

02 / Tech Density

Capital of the Balkan tech corridor

Sofia hosts the highest concentration of global- and EU-funded software engineering in South-East Europe, with VMware, Microsoft, Uber, SAP and Visa operating major centres. Demand for ultra-prime, secure family housing materially exceeds certified supply in every recent transaction cycle.

03 / Macro Window

Eurozone convergence underway

Bulgaria's ERM II positioning and projected Euro accession create a narrow window for international investors to capture currency-neutral asset growth ahead of repricing. Sovereign yields and real estate cap rates are expected to compress towards Eurozone benchmarks over the hold period.

04 / Supply scarcity

No certified comparable in Bankya

No Passive-House-certified gated community of this scale exists today in greater Sofia. Permitting, water rights and contiguous land assembly form a structural barrier to a directly competing scheme inside a 5-year horizon.

Capital structure · Sofia–Bankya

Indicative pro forma.

Underwriting summary for the Sofia–Bankya project. Detailed five-year model, sensitivity analysis and exit assumptions are released under NDA on prospectus request.

Homes
€000 M
Total area
€000 M
Total project cost
€000 M
Land
€000 M
Construction
€000 M
Infrastructure, soft costs & marketing
€000 M
Total revenue
€000 M
Gross profit
€000 M
Estimated net profit
€000 M
Net margin
€000 M

Pro forma available on request

The Sofia–Bankya capital structure, revenue and margins are shared with qualified investors. Submit a short request - we review each one manually and email you a private access link within 24 hours.

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Delivery timeline

Build, deliver, stabilise.

  1. Q2 2026
    Final permitting · capital close
  2. Q3 2026
    Groundbreaking · infrastructure
  3. Q4 2027
    First villa handovers (Phase I)
  4. Q3 2028
    Signature Estates delivered
  5. Q4 2029
    Final residences · stabilisation
Investor relations

Request the full prospectus & pro forma.

Access is limited to qualified investors and strategic partners. Materials are shared under NDA and subject to approval.

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