VIGARDEN · Bistritsa, Sofia
Building permit issued. Postbank financing closed. Choose between a fractional ticket, a partner ticket that includes your own house and a route to Bulgarian residency, or a €1,000,000 club deal where your capital ranks first.
A boutique development of 26 luxury twin houses at the foot of Vitosha Mountain, 8 minutes from Business Park Sofia. The land is owned and the building permit is issued. The scheme uses the permitted density, so no amendment is needed.
Amenities
Private roof terraces with pergolas
Underground parking with a car-free ground level
Gated access and 24/7 security
Private gardens
Children's playground
A fractional ticket, a partner ticket with your own house, or a club deal in the development equity.
Invest €100,000 at once, or €50,000 now and €50,000 six months later.
Your capital is repaid before VIG's.
Cash or keys: take your payout in cash, or put it toward a VIGARDEN house at 8% below list price.
A dedicated SPV with its own bank account. No mixing with other VIG projects.
Your ticket is transferable with VIG's consent.
Invest €550,000 and choose your house from the site plan at signing.
Your house is credited at 8% below a list price set by an independent valuer.
Your share of project profit above the house value is paid in cash.
Your capital ranks before VIG's.
The Migration Directorate decides, not VIG. Residency is an additional benefit, not a guarantee. Timing is indicative and confirmed case by case.
VIGARDEN Founding Club · Bistritsa, Sofia
Development equity alongside VIG in 26 twin houses at the foot of Vitosha. Building permit issued, Postbank financing closed.
Development equity alongside VIG. VIG contributes the land at €2.332M, verified by independent valuation.
Investor capital is repaid before VIG's, with a preferred return.
5% management fee on build cost and a 10% development fee on profit. No other promote.
Works are tendered to third-party contractors under VIG's in-house construction management. Postbank's technical expert reviews every €500K drawn. You hold a veto on overruns above 10%.
Step-in rights for investors if VIG defaults. Audited annual accounts for the SPV. An investor committee seat and monthly reporting.
Bulgarian house prices rose 14.8% year on year and 6.2% quarter on quarter in Q1 2026. VIGARDEN is priced at €2,080/m², below three of the four comparable schemes in the Bistritsa, Kambanite and Pancharevo corridor, and 31% below the most expensive one, 400 m away (€3,017/m²).
Sources: National Statistical Institute of Bulgaria, Housing Price Statistics Q1 2026; Bulgarian National Radio, 2026; VIG market research, September 2026 (asking prices).
Eurozone entry, and a price gap that hasn’t closed
Bulgaria joined the eurozone on 1 January 2026. Currency risk on a Sofia asset is gone, and S&P and Fitch both rate the sovereign BBB+. The economy grew 3.8% in 2025 against 1.2% for the euro area, and foreign direct investment reached €3.26bn. What hasn’t moved is the price: Sofia new-build still trades at roughly half the EU-27 average per square metre, in a metro area of 1.5 million people with gross rental yields near 5.5%.
Figures as published on vig.capital. Sofia price growth is NSI data for Q2 2025. GDP growth is IMF, October 2025. The BBB+ rating is S&P and Fitch, July 2025, with Moody’s at Baa1 stable.
Vaisman Investment Group
Sourcing, design, construction, management, exit
Each stage sits with a VIG subsidiary rather than a contractor. Nobody bills the project twice, and no conflict hides behind an outsourced invoice. For an investor abroad it also means one counterparty for the whole life of the asset.
Selection
Roughly 100 opportunities are sourced a year and five to eight close. Four gates are mandatory, legal clearance and three-scenario modelling among them, and every decline is documented.
Structure
Every project sits in a separate company. Funds release only as title deed and permit milestones are met, so capital follows the paperwork rather than the promise.
Oversight
Real estate law sits on the staff, not on a retainer. Every document is read before anything is committed.
Track record, published not blended
Those are three completed exits, not an average blended across everything we have touched. The most recent was a land development at a 41.8% annualised IRR. Seven projects are active today with €10.1M deployed against a 20–42% target ROI, and four of them are open for investment.
Coming in means co-investing alongside us in the project’s own SPV, under a bilateral agreement with that company. VIGROW, VIG’s alternative investment fund, becomes the second route as its registration completes.
Performance figures are VIG’s published track record on vig.capital. Target ROI is a portfolio objective, not a forecast, and capital is at risk.
