Nammos Hotels and Smokva Bay Forge Partnership for Luxury Destination in Montenegro

A New Era of Luxury Living in Montenegro

The vibrant wave of luxury living is set to ripple through Montenegro as Nammos Hotels & Resorts teams up with Smokva Bay to establish a first-of-its-kind Mediterranean lifestyle destination. Announcing this transformative partnership on July 13, 2026, the duo aims to introduce the Nammos vibe, well-known for its opulent experiences, to one of the Adriatic's most alluring coastal havens.

The Vision

This ambitious project, dubbed Nammos Resort Montenegro, aims to meld elegance with serene natural beauty, featuring a unique blend of luxury accommodations, fine dining, curated retail experiences, and wellness options. Located on the Budva Riviera, the resort is strategically positioned just a short ten-minute drive from the picturesque island of Sveti Stefan.

The resort will comprise a total of 117 rooms, including 47 exquisite hotel suites, 61 branded residences, and 9 luxurious villas. Designed with Mediterranean and Cycladic influences, these residences will highlight coastal heritage while embracing modern architectural aesthetics. Large windows will maximize natural light and offer stunning views of the Adriatic, ensuring that indoor and outdoor living spaces seamlessly blend.

Culinary Delights and Social Spaces

Nammos Resort Montenegro is set to enrich its culinary offerings with a variety of dining options. At the forefront is the renowned beachfront Nammos Restaurant, which will feature Mediterranean cuisine to satisfy even the most discerning palate. Guests can also indulge in all-day Mediterranean fare at Nalu, enjoy craft cocktails at Ilios Lounge, or relax by the rooftop pool bar with breathtaking views of the sunsets.

Envisioned at the heart of the resort is Nammos Village — a creative reinterpretation of the traditional Mediterranean village concept, offering an idyllic setting for art, shopping, and wellbeing. Fitness enthusiasts will appreciate the various hiking and mountain biking trails to explore, along with the spa and fitness facilities. Several swimming pools and private dining venues will also be part of this luxurious offering, catering to guests seeking exclusivity and comfort.

Early Preview at Sveti Stefan

With an official opening slated for 2029, Nammos Restaurant is providing an exciting glimpse of what's to come through an exclusive pop-up experience at Sveti Stefan throughout the 2026 season, allowing visitors to soak in the quintessential Nammos experience. This temporary dining venue offers al fresco dining with spectacular views of the surrounding scenery, setting the stage for what the full resort will encompass.

The Leaders Behind the Vision

Petros Stathis, Chairman of Nammos, expressed his enthusiasm for the venture, stating, "Our partnership with Smokva Bay is an exciting new chapter for Nammos. Together, we are creating a destination that embodies the spirit and sophistication of Nammos while celebrating Montenegro's unique charm and coastal beauty."

Adding to that sentiment, Carolyn Turnbull, the CEO of Nammos Hotels & Resorts, remarked, "This collaboration marks an important milestone in our international growth, bringing the complete Nammos lifestyle to Montenegro through exceptional hospitality, dining, and wellness offerings."

Vadim Verhovski, Chairman of Smokva Bay, reaffirmed the collaborative spirit, asserting, "Selecting Nammos as our long-term partner was fundamental to our vision of establishing a new benchmark for luxury hospitality and destination living in the region." Fredrik Jonsson, CEO of Smokva Bay, likewise highlighted Nammos's global brand power and ability to deliver unique lifestyle experiences, promising to set a new standard for the area.

Stay tuned as Nammos and Smokva Bay embark on this exciting journey, reshaping luxury on the Adriatic coast and creating a Mediterranean retreat that promises to be a cut above the rest.