The Bansko Club
Own a piece of the community. The Bansko Club is a VCC that owns the commercial spaces of the building — coworking, restaurant, spa, parking, and rental management.
Commercial spaces,
community revenue
The Club VCC owns all common areas and commercial operations. As a shareholder, you receive proportional revenue from every business within.
Coworking Space
Dedicated workspace for remote professionals — high-speed internet, meeting rooms, and hot desks.
Restaurant & Bar
On-site F&B serving residents, guests, and the public. A year-round revenue stream.
Spa & Wellness
Indoor pool, sauna, steam room, and Roman bath. Day passes and memberships available.
Parking
Covered parking spaces generating consistent monthly revenue from residents and guests.
Rental Management
Commission revenue from managing short and long-term rentals for apartment owners.
Event Spaces
Host events, workshops, and gatherings. Perfect for Nomad Fest and corporate retreats.
The Facilities
Spa & Wellness Center
Three saunas, jacuzzi, Roman bath, plunge pool, heated loungers. The building's headline amenity — to be modernised and expanded with ice baths, yoga & Pilates studio, and integrated with a new mountain view gym.
Covered Atrium — The Social Core
A dramatic five-storey glass-roofed atrium with open fire pit — the natural anchor for the nomad lounge, year-round al fresco style dining, community events, and the building's signature community feel.
Restaurant, Tavern & Lobby Bar
Over 1,200 m² of food and beverage space across three venues. To be repurposed as all-day nomad café, social lounge, and al fresco atrium dining — serving residents, day members, and retreat guests.
Mons Orbelus Precedent
The team has a proven track record — establishing Bansko on the international scene via Coworking Bansko (co-founded by Uwe), growing Bansko Nomad Fest into an iconic international event, and property development via the Mons Orbelus project — currently tracking ahead of schedule.
Space by Space
Every commercial space has a defined conversion brief. The programme activates year-round demand, serves the remote business demographic, and creates an integrated wellness and productivity offering unlike anything else in Bansko.
Active Conversion
Mountain view fitness facility integrated with wellness centre and new muay thai / martial arts training centre. Commercial kitchen retained, opens onto covered atrium for al fresco dining year-round.
Modernised & Expanded
Existing spa retained and modernised. New ice bath / cold plunge stations, yoga and Pilates studio. Integrated scheduling with gym under single membership. Exclusive club, not tourist passes.
Members Workspace
Exclusive mountain view coworking: ~50% bookable cold desks, ~50% open hot desks. Business fibre, phone booths, printing. Priority access for dual investors (condo + VCC).
Social Anchor Refurbished
Community-first nomad lounge — the social heartbeat of the building, in the spirit of Valentina's lounge model, scaled up. Informal coworking overflow by day.
Front of House Integrated
Club concierge with integrated automated mini-mart — smart vending and grab-and-go retail. 24/7 resident retail, keyless check-in, guest support, local knowledge.
Retail Space Activated
Automated resident laundromat — consistently a top quality-of-life factor for mid-term and coliving stays. Contactless payment, no staff required.
Operational Space
Five basement staff rooms retained and optimised for new operations. Space allocated for resident storage and operational needs.
Extended to All Seasons
Ski rental expanded to include mountain bike hire and hiking gear — the most direct single intervention against seasonality risk, using the same operational base across winter and summer.
Phased delivery — hotel earns revenue from day one
The building continues operating as a 4-star hotel through the 2026–27 ski season under MPM Hotels management, preserving its revenue stream while the Club Company forms. Conversion begins April 2027, timed to open for Bansko Nomad Fest in June and the Summer season.
Reserve position
€500 refundable deposit · priority unit selection
Sales launch
Condos on sale · VCC formation · subscription agreements
Ownership transfer
Title transfer · hotel earns through winter · VCC income begins
Winter ski season
MPM Hotels operates · full 4-star revenue · conversion planning
Club launches
Conversion completes · full Club access · opens for Nomad Fest June 2027
Investors acquire a cash-generating 4-star hotel on day one of ownership transfer. The building earns through the peak winter season before a single refurbishment euro is spent — a natural bridge and proof of operational viability before the conversion begins.
Bulgarian VCC — terms and capital
The Club Company is structured as a Bulgarian Variable Capital Company — a regulated limited liability company providing ownership of underlying assets, designed for international investors within a streamlined compliance framework.
Company Terms
| Vehicle | Bulgarian VCC |
| Total investment raise | €1,800,000 |
| Maximum investors | 150 |
| Minimum investment | ~€14,000 |
| Commercial acquisition | €1,022,564 |
| Market value (€500/m²) | €1,573,175 |
| Discount to market | 35% · €560K NAV |
| Refurbishment allocation | up to €320,000 |
| Working capital | ~€160,000 |
| Jurisdiction / tax rate | Bulgaria · 10% flat |
| Currency | EUR (eurozone Jan 2026) |
Capital Allocation
| Commercial portfolio (19 units, 3,146 m²) | €943,905 |
| Refurbishment programme | up to €300,000 |
| Apartment rental cluster (min. 8 units) | ~€397–600K |
| Working capital | ~€160,000 |
| Total raise | €1.8–2M |
The fund acquires €1.57M of commercial property for €943K — a €629K built-in NAV uplift before a single operational euro is earned.
Multiple income sources
Year-round · residents + local market
Cold desks, hot desks, day passes
All-day café · evening social · seasonal atrium
Shoulder season · retreat network + Muay Thai camps
Seasonal + daily visitor
15–20% of gross rental income across all managed units
Open to outside visitors · treatment packages
Year-round · winter ski · summer MTB + hiking
24/7 · low overhead · integrated into concierge
Automated · contactless payment
Multiple income sources
- Coworking memberships & day passesMonthly
- Restaurant & bar salesDaily
- Spa & wellness passesDaily
- Parking feesMonthly
- Rental management commissionPer booking
- Event space rentalsPer event
- MPM Hotels winter contractSeasonal
Cashflow before
doors even open
The building operates under contract with MPM Hotels for the 2026/27 winter season. Club shareholders begin receiving income immediately — before full Club operations launch.
Full Club operations — coworking, community events, nomad programming — begin April 2027 when apartment owners move in.
From investment to income
Investment Round
VCC shares available to qualified investors.
Income Begins
MPM Hotels contract generates first revenue.
Full Operations
Club launches with coworking, events, community.
Distributions
Proportional revenue to all shareholders.
Why join the club?
45% Below Market Rate
Commercial property at a significant discount to comparable Bansko valuations.
Priority Access
Club investors get first access to apartment purchases and preferential pricing.
Coworking Included
Free or discounted coworking access whenever you're visiting Bansko.
Spa & Gym Access
Complimentary access to the spa, pool, and fitness facilities.
Guest Accommodation
Preferential rates on apartments when you need a place to stay.
Community Events
Access to Club events, workshops, and the nomad community network.
Ten years building a new audience for Bansko
First with Uwe as co-founder of Coworking Bansko and later as the team running Bansko Nomad Fest annually since 2021, BNF is one of the world's largest gatherings of digital nomads — 800+ attendees every June. The festival audience is our guest and investor pipeline. It is what fills units in summer when traditional hotels sit empty.
- → 10-day annual event each June (June 20–30, 2026)
- → €295–595 tickets · curated conference + community programme
- → Municipality of Bansko official partner — civic-level recognition
- → BESCO (Bulgaria's 900+ member entrepreneurial association) partner
- → Industry Day for B2B nomad economy networking
- → Each attendee is a potential Club resident, condo buyer, or investor
- → Club launch timed for Nomad Fest 2027 — June opening
How to get involved
Register priority interest
Request the prospectus using the button below. A team member contacts you within 24 hours with full VCC documentation and pricing details.
Submit €500 priority deposit
Secures your place in the queue. Fully refundable until 31 July 2026 — no questions asked. Converts toward your investment on proceeding.
Choose your track
VCC participation (Track B), condo purchase (Track A), or both. Priority depositors get first unit selection and early-access pricing before public launch.
VCC formation & subscription
Once minimum commitment thresholds are confirmed, the Bulgarian VCC is formed, subscription agreements executed, and the commercial acquisition begins.
Why combining both tracks is strongest
Condo Apartment Only
- ✓ Direct real estate title
- ✓ Rental income via manager
- ✓ Standard facilities access
- ✗ Market-rate management fees
- ✗ No operational upside
Buy Share in "The Club" VCC
- ✓ 40% below-market asset entry
- ✓ Revenue from all Club operations
- ✓ Rental management income
- ✗ No personal real estate title
- ✗ No owned accommodation
Both
- ✓ Real estate title + NAV uplift
- ✓ Priority coworking access
- ✓ Economical guest accommodation
- ✓ Reduced management commission
- ✓ Spa & gym included
- ✓ Dividend + rental income