City Gate (Odrin) is VIG’s largest land position — 13,000 m² in one of Sofia’s emerging development corridors. As of Q1 2026, the project is 80% complete and entering its final phase.
Where We Stand
The project, which began in January 2022, has progressed through land acquisition, zoning approvals, infrastructure planning, and initial parcel sales. The current position:
Progress: 80% of project milestones completed. Target ROI: 24% annually. Projected profit: €2.3M on €2.1M equity invested. Target completion: August 2026.
What’s Next
The remaining 20% of the project focuses on final parcel positioning and buyer negotiations. The Hemus Motorway progress — which will connect Sofia to the northern coast — continues to increase interest in strategically located land parcels in the broader corridor.
Why This Matters for Investors
City Gate represents VIG’s land development thesis in action: acquire strategically located positions before infrastructure catalysts are priced in, add value through zoning and planning, and exit to developers or end-buyers at a premium.
Current entry point for new investors: from €25,000. This represents one of the most accessible opportunities in VIG’s active portfolio.
Figures reflect management estimates as of Q1 2026. Past performance does not guarantee future results.