About Dual Lion Capital
Private Capital. Exceptional Access.
Founded in 2024 with 30+ years of combined experience in business 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.
Exit Strategy
When the time is right, we plan and execute the sale, maximizing your capital gain.
Management
Tenant sourcing, rent collection, maintenance coordination, and regular financial reporting.
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.
Optimization
Continuous review of rental pricing, property condition, and market positioning to maximize returns.
Deal Sourcing
We identify on-market and exclusive off-market opportunities through our established developer network and local partnerships.
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 Team
30+ Years of Experience. One Shared Mission.
30+ years of combined expertise in international business and Bulgarian real estate. 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 30+ years of combined experience in digital marketing, brand scaling, international business development, and real estate investment across Western Europe and Bulgaria. 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.
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