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A personal welcome · from Ilyan
For fifteen years I worked inside the highest tier of Dubai hospitality — over a thousand openings, dozens of brand launches, eventually the founding of Eleven Spa inside Marriott Al Jaddaf. Almost every one of those projects was someone else's name on the door.
I cannot build a resort of this scale alone. I know that. But I can build the product. I can build a strong, working brand. Inside the Marriott spa I gathered the best protocols I could find — and I have walked a long road with this project, on this slope, for three years, to reach the point where I can invite an investor with confidence and show how far I have come.
What I intend to make is a micro-resort that the world talks about. Through my PR network in Dubai I can put BAGHI in front of the right rooms — international press, the wellness community, the small group of travellers who choose places by their quietness. The product is ready. The brand is ready. The protocols are ready.
What I am asking for now is investment — and I am ready for the dialogue. Read the brief below. Run the calculator. Then send the form, or reach me on WhatsApp directly. The full model, the cap table, the contracts — all of it is on the other side of one short conversation.
— Ilyan Vladimirov · Founder · BAGHI
Numbers, structure, timeline. $780,000 round for a $975,000 project — entry into Baghi Collection LLC as a named partner. Three quiet exit paths. Investor quiz at the bottom.
Investor presentation
A short, scrollable version of the BAGHI investor presentation — built from the same source as the full PDF. Use the dots or arrows to step through.
Current stage · May 2026
Land secured at a fixed-price option. All utilities laid. Technical building and the first guest Lodge commissioned and operational. The brand, the protocols, the program system, the supplier contracts — all in place. What remains is the physical scale-up from one operational Lodge to the full six-lodge property.
Spent on utilities, technical building, storage, covered area, and one fully furnished Lodge. All from the founder's own funds — visible, walkable proof.
A south-facing slope south-facing slope in Erge. Held under a fixed-price option; transfers into the LLC at investor closing.
To complete Phase 2, reach soft opening in May 2027, and carry working capital through to full launch in 2028.
$150 K founder + $45 K land + $780 K round = $975 K total deployed in Baghi Collection LLC. 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.
What you actually own
There is no SPV layer, no fund, no convertible note. You enter directly into Baghi Collection LLC — a Georgian limited-liability company registered in Batumi — as a named partner with equity. That equity sits over the land, the buildings, the brand, and all future cash flows from the property.
USD wire from any country
Georgian limited-liability company · registered in Batumi · holds the land, buildings, brand and revenue
Indicative split. Final equity allocation agreed at signing — discussed privately with the founder.
Project map · masterplan
The upper terrace holds reception, the café and the technical building. The middle terrace holds the spa, sauna and small pool. The lower terraces hold the lodges, fire pits, meditation platforms and the open-air fitness arena. Hiking trails and the Chorokhi river surround the property.
Use of funds · $780 K
The round funds Phase 2 construction, the spa cluster, the restaurant Tqe, the brand launch, and twelve months of working capital after soft opening.
$780 K total · indicative · final breakdown adjusted with input from incoming partners.
By time · 2023 to 2028
Project initiated. Land selected and secured in Erge village under a fixed-price option. Architecture begins with the MESTO bureau.
Construction begins. All utilities laid — electricity, gas, water, sewage. Water tank and supply system installed. Brand identity created. Four programs and nutrition plan designed.
Contracts signed with Wild House (modules) and local contractors. Spa menu and nutrition plan finalised. Supplier contracts in China. First module commissioned.
One Tent Lodge of 45 m² furnished and guest-ready. Technical building (24 m²) and storage (27 + 21 m²) operational. Soft-opening reservations open. Investor outreach begins. This is the round.
Phase 2 construction completed — five remaining lodges, spa cluster, restaurant Tqe, fitness arena, meditation platforms, reception. First cohorts of program guests.
All six lodges operational. Full program calendar. Tqe restaurant fully open. Marketing roll-out across the primary corridors (UAE → Batumi). Editorial platform live.
For the partner
A named ownership share in Baghi Collection LLC, the Georgian company that holds the land, buildings, brand and revenue. No SPV. No fund layer.
The original ticket is returned ahead of founder operating distributions, until your full capital is paid back. Then a standard pro-rata split begins.
Sale of the property, major debt, change of brand or director — all require partner consent. The day-to-day operation remains with the founder.
From 2028, when steady occupancy is reached, distributions flow pro-rata after a small operating reserve is set aside each quarter.
Refinance into local debt after stabilisation, a trade sale to a regional hospitality operator, or a founder-led buyout at an agreed multiple. No forced exit.
Lifetime stays at a heavily reduced family rate. Name engraved on the founders' list at reception. Personal annual letter from the founder.
Find your fit
Three questions. The result describes which BAGHI partner profile best matches you, what ticket size that profile usually carries, and the next step the founder takes with you.
Question 1 of 3
What's drawing you in?
Question 2 of 3
Indicative ticket range that feels right.
Question 3 of 3
What kind of involvement do you want?
Result
A small-ticket partner who values the project itself and asks little in return.
Ticket band: $50–100K
Equity range: ~2–4%
Involvement: Silent
Reserved matters: Standard partner
Next step: Send the form below — the founder replies personally within 24 hours with the full investor brief, the LLC docs and a private call link.
Already built and operational
Indicative calculator · for partners
A quiet, illustrative model based on the round target of $780,000 for 60% of BAGHI Collection LLC, projected steady-state revenue of ≈$1.95M / year at full opening (six lodges · twelve guests · four programs), and the operating margins shown above. These are projections, not promises — the actual deal is shaped in a private call.
Assumptions: Steady-state revenue ≈ $1.95M / year (12 guests · 75% average occupancy · blended $1,950 / night per occupied lodge across programs and stays). Operating margin 35% after the wellness team, kitchen, housekeeping, energy, and maintenance. Dividends paid annually from year 2; year 1 reinvested in working capital. Year-5 exit illustrative at a 6× EBITDA multiple — Aman / Six Senses / Como benchmark range is 5–8×.
Note: These outputs are indicative, not contractual. Real returns depend on occupancy mix, program pricing, and operating ramp — the founder shares the full model under NDA via the form below.
Direct contact · privately
The form below sends directly to the founder's personal mailbox · Ilyanvl@me.com. Replies are personal, usually within 24 hours.
