BAGHI
Wellness Resort.

Six lodges, twelve guests, four programs.

BAGHI is a small wellness retreat designed for no more than twelve guests at any time, across six lodges (four Tent Lodges, two Barn Lodges). Four restorative programs — Destress, Fitness, Energizing, Detox — shaped on arrival around each guest's body, sleep, breath and blood-marker context.

The property sits at the highest point of Erge village, a traditional Adjarian mountain settlement fifteen minutes by road from Batumi International Airport.

Adjara, Georgia · 15 minutes from Batumi.

South-facing slope, forest on three sides, bamboo grove behind, the Chorokhi river below, the Black Sea visible from the upper terrace on clear evenings. The slope hears birdsong before dawn, the call to prayer from the village mosque five times a day, and the waterfall a kilometre up the valley.

Batumi International is served by direct flights from Istanbul, Dubai, Tel Aviv, Warsaw, Berlin, Vienna and other corridors. Georgia is visa-free for 95+ countries.

Each a protocol, shaped at reception.

• Destress — silence, slowness, low stimulation. A reset for the nervous system. For guests arriving in burnout.
• Fitness — strength, conditioning, recovery. For guests who train daily and refuse to lose rhythm on holiday.
• Energizing — breath, contrast, sunlight. A return of baseline energy via sunrise breathwork and contrast therapy.
• Detox — light, plant-led, nutrition reset. Designed against blood markers shared in advance.

All-inclusive. Three or five nights. Anti-inflammatory menu. In-Lodge spa. Concierge from flight share to return car.

Already standing, walkable.

• Land secured at fixed-price option · USD 45,000 · transfers to LLC at closing.
• All utilities laid · electricity, gas, water, sewage. Water tank and supply system commissioned.
• 24 m² technical building + 27 m² storage + 21 m² covered storage — operational.
• One Tent Lodge (45 m²) fully furnished and guest-ready.
• Architecture finalised with MESTO bureau · modules contracted with Wild House factory.
• Brand identity, web presence, four-program system, nutrition plan, spa menu in place.

Three numbers tell the story.

Total project capital post-close: USD 975,000. A modest amount for a wellness retreat at this scale and quality — the slope, the architecture, the protocols and the brand are already in place; the round funds the build-out, not the discovery.

Where every dollar goes.

• $330K — Five remaining lodges (3 Tent + 2 Barn) — modules, foundations, fit-out, furnishing.
• $165K — Spa cluster — treatment cabins, sauna, cold plunge, pool, Natura Bissé inventory.
• $100K — Reception, café and Tqe restaurant on the central terrace.
• $55K — Fitness arena · meditation platforms · viewing tower.
• $55K — Brand · marketing · pre-opening communications · photography.
• $75K — Working capital · 12 months · salaries, operations, soft-opening runway.

Direct equity in the LLC. No SPV.

Baghi Collection LLC is a Georgian limited-liability company registered in Batumi, holding the land, the buildings and the brand. Investors enter directly as named partners with equity — no SPV, no fund layer, no convertible note.

Land transfers into the LLC at closing, after the agricultural-to-business status conversion (already under way). Founders are Ilyan Vladimirov (operating) and Avtandil Iremadze (managing partner / land).

Six things, written down.

• Equity in the LLC — proportional to contributed capital.
• Preferred return — original ticket returned ahead of founder operating distributions until fully paid back.
• Distributions from operating cash flow once steady occupancy is reached (target 2028).
• Reserved matters — sale of the property, major debt, change of brand — require partner consent.
• A name on the founders' list — engraved at the reception entrance.
• Lifetime family rate for stays at BAGHI.

Five years of quiet construction.

• 2023 — Concept · land · MESTO architecture · founder commitment $45K + design fees.
• 2024 — Foundations · utilities · brand identity. Cumulative spend ≈ $90K.
• 2025 — Wild House modules contracted · spa menu and nutrition finalised. Cumulative spend ≈ $130K.
• 2026 · NOW — Technical building + first Tent Lodge operational · investor round opens. Spend $150K.
• May 2027 — Soft opening. Phase 2 complete: 5 lodges, spa cluster, Tqe, fitness arena, reception.
• 2028 — Full launch. Six lodges operational. Editorial platform live.

Four people, named.

• Ilyan Vladimirov — Founder. 15 years in Dubai luxury hospitality. Producer of 1,000+ launches. Founder of Eleven Spa at Marriott Al Jaddaf.
• Avtandil Iremadze — Managing partner. Holds the land. Oversees relationships with the Georgian municipality.
• Zhanna Kira — Infrastructure partner. President of the Association of Glamping. Founder of MESTO architectural bureau and co-founder of Wild House.
• Hani Khenniche — Operations. End-to-end guest journey: reception, transfers, daily flow.

Three quiet options.

• Refinance into local debt after operational stabilisation (typically 18–24 months post soft opening).
• Trade sale to a regional hospitality operator. The wellness sector in the Caucasus is in early consolidation; BAGHI is well-positioned as a trophy asset.
• Founder-led buyout at an agreed multiple — option held by Ilyan to repurchase partner equity after Year 5.

No forced exit. The LLC structure does not auto-trigger a sale. Partners may also hold indefinitely and receive distributions.

A short note. A reply within 24 hours.

This brief is shared privately by the founder, by invitation. To take the conversation further, send a short note to:

Ilyanvl@me.com

or via WhatsApp at +971 58 597 4030.

Replies are personal, usually within 24 hours, and include the full LLC documents, a private call link, and the indicative term sheet calibrated to your ticket size.