About Dual Lion Capital
Private Capital. Exceptional Access.
Founded in 2024 by two partners with deep expertise in marketing and real estate.
Our mission is to help international investors build profitable real estate portfolios in Bulgaria, with full legal protection, transparent reporting, and hands-off management. We bridge the gap between Western investment expectations and the Bulgarian market's long-term growth potential.
“International vision. Local execution.”
Our Approach
The Investment Lifecycle
Every investment we manage follows a structured lifecycle designed to protect your capital and support long-term value creation.
Deal Sourcing
We identify on-market and exclusive off-market opportunities through our established developer network and local partnerships.
Legal Structuring
Full due diligence, title checks, contract preparation, and optimal ownership structure. All in English.
Acquisition
We negotiate on your behalf, coordinate notary proceedings, and ensure a clean, secure transfer of ownership.
Management
Tenant sourcing, rent collection, maintenance coordination, and regular financial reporting.
Optimization
Continuous review of rental pricing, property condition, and market positioning to maximize returns.
Exit Strategy
When the time is right, we plan and execute the sale, maximizing your capital gain.
Market Focus
Where We Focus Our Work
Varna & Black Sea Coast
Bulgaria's premier coastal city and resort region. Strong short-term rental demand, international buyer interest, and consistent appreciation.
Sofia
Bulgaria's capital and business hub. Long-term rental demand from professionals, students, and corporate tenants.
- Largest rental market
- Tech sector growth
- EU headquarters
Ski Resorts
Bansko and Borovets offer strong seasonal rental yields and affordable entry prices compared to Alpine alternatives.
- Bansko: top ski resort
- Low entry prices
- Year-round appeal
The Partnership
Two Founders. One Shared Mission.
International capital allocation expertise paired with 20+ years of on-the-ground Bulgarian market knowledge. A combination that is genuinely rare.
Jonathan Bouckaert
“We don't just find properties. We build portfolios that generate wealth for decades.”
Serial entrepreneur with a decade of experience in digital marketing, brand scaling, and international business development across Western Europe. Jonathan brings the institutional investor mindset, systematic capital allocation discipline, and the Western European perspective that our international clients expect from a boutique investment partner.
Kamen Slavov
“Local knowledge is the most valuable asset in any market. It cannot be bought, only built over decades.”
20+ years of deep, on-the-ground experience in the Bulgarian real estate market. Kamen's extensive network of developers, notaries, legal professionals, and municipal contacts across Varna and the Black Sea coast is the operational backbone of Dual Lion Capital. His market knowledge is irreplaceable, and it is what gives our investors access to deals that never reach the public market.
Advisory Network
The Professionals Behind Every Transaction
Legal Counsel
Licensed Bulgarian solicitors with EU property law specialisation
Tax Advisory
Certified Bulgarian tax advisors for optimal investment structuring
Property Management
On-the-ground management team across Varna and coastal markets
Developer Relations
Established partnerships with vetted Bulgarian developers
“International vision. Local execution.”
The foundation of every investment we manage together.
Your Capital. Professionally Managed.
We work with a select group of international investors, ensuring every client receives the deal access, legal structuring, and portfolio oversight that serious capital deserves. Our model is built on long-term partnership, not transaction volume.
Our approach: Full transparency on fees, timelines, and investment rationale, before you commit to anything.
Speak With Our Team