Nammos Hotels & Resorts and Smokva Bay have announced a partnership to develop Nammos Resort Montenegro, a luxury lifestyle destination on Montenegro's Budva Riviera.
The project, set to open in 2029, will feature a luxury resort, branded residences, signature dining, and wellness experiences, all designed to celebrate the Adriatic's natural beauty.
Located near the iconic island of Sveti Stefan, Smokva Bay offers a unique escape with its rugged mountains and crystal-clear waters. The development will include 117 keys, comprising 47 hotel suites, 61 branded residences, and nine branded villas. These residences are designed to harmonise with Montenegro's landscape, blending coastal heritage with contemporary Greek-inspired architecture.
The resort will offer a range of dining experiences, including the iconic Nammos Restaurant, Nalu for all-day Mediterranean dining, Ilios Lounge for cocktails, and a rooftop pool bar. Nammos Village will reinterpret the traditional Mediterranean village, offering art, shopping, and wellness experiences.
Petros Stathis, Chairman of Nammos, expressed excitement about the partnership, stating, "Together we are creating far more than a resort—we are creating a destination that embodies the spirit, energy, and sophistication that define Nammos." Carolyn Turnbull, CEO of Nammos Hotels & Resorts, highlighted the collaboration as a milestone in Nammos' international growth.
The partnership aims to establish a new benchmark for luxury living in the Mediterranean, with Smokva Bay Chairman Vadim Verhovski emphasising the project's international significance. Fredrik Jonsson, CEO of Smokva Bay, noted the opportunity to create a truly integrated luxury lifestyle destination on the Adriatic
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