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Based in Zürich · operating in DACH & Adriatic Markets

Premium Real Estate
& Principal Capital

Zelk Capital is a Zürich-based real estate advisory and principal investment firm operating across the DACH and Adriatic markets. We execute complex dispositions for asset owners, secure proprietary inventory for investors, and deploy principal capital alongside our partners on high-conviction mandates.

Our Network

Strategic relationships across finance, hospitality, and development

  • UBS
  • Goldman Sachs
  • ZKB
  • Lombard Odier
  • Raiffeisen
  • Accor Group
  • BusinessArt
  • Alpinum Law

Selected Mandates

Aerial view of the Boka View hillside villas and private pools
Boka View stone villa with a landscaped private infinity pool
Landscaped Boka View terrace overlooking the Bay of Kotor
Infinity pool overlooking the Adriatic coast at Boka View
Contemporary open-plan living and dining space at Boka View
Boka View villas illuminated across the hillside at dusk
Boka View construction progress, September 2026: stone-clad villas with glazing installed, a bay view from an interior, and a pool under construction
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Under Construction
Herceg Novi, Montenegro

Boka View

Type
Luxury Villas Resort
Status
Under Construction
Ticket
On Request

Elevated luxury villas overlooking the Bay of Kotor. Each residence features private infinity pools, natural stone facades, and contemporary interiors with floor-to-ceiling windows framing mountain and Adriatic views. Premium hilltop positioning with direct coastal access.

What We Do

Three Pillars

Advisory-led. Execution-focused. Investing alongside our partners.

I

Strategic Disposition

Commercializing premium assets for developers and owners through our off-market network.

II

Direct Investment Mandates

Sourcing and underwriting specific acquisition targets for funds, family offices, UHNWI and principal buyers.

III

Principal Co-Investment

Aligning interests by deploying our own capital alongside partners in high-conviction development strategies.

Our Approach

The Selection Filter

We reject 97% of deal flow at first screening. What remains goes through stress-tested underwriting before we present it to anyone. Swiss discipline, applied to high-potential markets.

100+ Opportunities Screened
Stress Tested Financials
3 Executed Deals
Learn More About Our Approach
Investment Criteria

What We Look For

Premium assets in high-yield markets. Clear title. Motivated counterparties.

Asset Types
Land, Luxury Residential, Hospitality, Mixed-Use
Markets
DACH & Adriatic
Entry Point
€1M+ asset value
Structure
Direct, JV, Advisory
How It Works

Two Clear Paths

For Owners & Developers

Asset liquidity and capital solutions

  1. 1Submit asset details
  2. 2Receive institutional-grade review
  3. 3Targeted placement to qualified buyers
  4. 4Close with full confidentiality
Request Asset Review

For Investors & Buyers

Access pre-vetted deal flow

  1. 1Request access to our network
  2. 2Qualification call
  3. 3Receive opportunities matching your criteria
  4. 4Invest with full transparency
Request Access
Our Team

The Partnership

Institutional-Grade Structuring meets Local Executional Edge. Every deal is underwritten personally by the Principals and overseen by our Strategic Advisors.

Meet the Team
Omar Zerhari, Principal, Investment at Zelk Capital
Omar Zerhari
Luka Krekic, Principal, Origination & Technology at Zelk Capital
Luka Krekic