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 make Bulgarian real estate accessible, secure, and profitable for international investors. We bridge the gap between Western investment expectations and the Bulgarian market's extraordinary opportunity — with full legal protection, transparent reporting, and hands-off management.
“International vision. Local execution.”
Our Approach
The Investment Lifecycle
Every investment we manage follows a structured lifecycle designed to protect your capital and maximize returns.
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 — 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 Deploy Capital
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 vision paired with 20+ years of on-the-ground Bulgarian market expertise.

Jonathan Bouckaert
“We don't just find properties — we build portfolios.”
Serial entrepreneur with expertise in digital marketing, brand scaling, and international business development. Jonathan brings the Western investor mindset and systematic growth approach to every deal.

Kamen Slavov
“Local knowledge is the most valuable asset in any market.”
20+ years of deep experience in the Bulgarian real estate market. Kamen's network of developers, notaries, and legal professionals in Varna and beyond is the operational backbone of Dual Lion Capital.
“International vision. Local execution.”
The foundation of every investment we manage together.
Your Capital. Professionally Managed.
We work with a limited number of investors — ensuring every client receives the attention, deal access, and portfolio oversight they deserve.
Our commitment: If we don't identify a qualifying investment opportunity within 90 days, we refund your onboarding fee in full.
Private Access