| Documents |
| Application form Beneficiary form |
| Bulgaria Funds |
| Summary Page Boulevard Plot Praskova |
| General Conditions |
| Boulevard Plot |
Ancoria Real Estate Funds in Bulgaria |
||
| Bulgaria just recently became a member of the EU. Developments in other EU countries that joined earlier show that land prices in and around the capital have a formidable potential. Past records points to an excellent investment potential for land investments in Bulgaria. To invest in land through an Ancoria Insurance fund will protect you from all legal claims that can arise as well as getting a tax preferred investment vehicle. The first Bulgaria Fund that Ancoria launched was quickly oversubscribed. Ancoria will launch additional funds as the opportunities arise. Ancoria Insurance Public Ltd is among the largest life insurance companies in Cyprus. It was incorporated 1987 and has more than 500 million Euro under management. Ancoria's first Bulgaria Fund quickly sold out with 1.9 million Euros in capital. The land investments were completed in December of 2007. In spite of the very short life of the funds they have shown a remarkable return of investment. (8% in the first quarter, performance that is expected to continue for the next 3-5 years.) Fund specificationsThe fund is valued at every last business day of each calendar quarter. The Unit price is the value that Ancoria has valued the fund as per the Valuation day divided by the amount of units in the Fund. The unit price i.e. Net Asset Value per unit is available from Ancoria and published on Ancoria's internet web site. The property is valued by an independent real estate surveyor. How do I invest?Ancoria expects to launch new funds as new investment opportunities arise. The market is constantly monitored by our real estate surveyor who makes sure that the plots of land that is purchased by the fund are in good locations and at a good price. For information about current offers please contact Dr. George Georghiades on +(357)99695469 or georgegeorghiades@cytanet.com.cy Each new fund that Ancoria opens will have its own rules of operation. Please read this and other conditions carefully before investing. To become an investor fill in the Application form and transfer the amount you want to invest to Ancoria's bank account. Mail or fax the form to Ancoria and you will be contacted with details about allocation of fund units. Contact person in Ancoria Insurance. Maria Konomou +357 22 551 350 maria.konomou@ancoria.com Read about the current offer |

