Risk & Investment Disclosure
Not advice
The information on this website is for general information only and does not constitute investment, financial, tax or legal advice, nor a personal recommendation. Please seek independent professional advice before making any decision.
Capital at risk
Fractional ownership of real estate is an investment. The value of your investment can go down as well as up, and you may not get back the amount you invested.
Returns are not guaranteed
Any projected returns (e.g. an estimated ~2% dividend) are estimates based on historical rental data for Bansko. They are not guaranteed and depend on occupancy, costs and market conditions. Past performance is not indicative of future results.
Liquidity & exit
This is an illiquid, longer-term investment. A minimum holding period applies, a right of first refusal applies on sale, and buyback values depend on the holding period. You may not be able to sell quickly or at a price you choose.
Structure & concentration
Participation is held via a Bulgarian Variable Capital Company (VCC) and is concentrated in a specific property/market (Bansko). Such concentration increases risk compared with a diversified portfolio.
Tax
Tax treatment depends on your individual circumstances and may change. Statements about Bulgaria's 10% flat tax and related rates are general and not personal tax advice. Becoming a Bulgarian tax resident depends on factors such as physical presence and your centre of vital interests; your country of residence may continue to tax you. We do not guarantee any particular tax outcome.
No offer where unlawful
Nothing on this website is an offer or solicitation in any jurisdiction where this would be unlawful or to any person to whom it would be unlawful to make such an offer.