Nammos Resort Montenegro to open on the Adriatic in 2029

Nammos Resort Montenegro will bring the brand’s Mediterranean lifestyle to Smokva Bay. Set on the Budva Riviera around 10 minutes from the island of Sveti Stefan, the resort is scheduled to open in 2029 as the first phase of a wider coastal development.

Nammos Resort Montenegro will sit on 1.5 kilometres of west-facing Adriatic shoreline at Smokva Bay, framed by limestone mountains and close to Sveti Stefan, one of Montenegro’s most recognisable coastal landmarks. The location keeps the resort within easy reach of the Budva Riviera while retaining a sense of seclusion.

A resort and residences on Smokva Bay

The development will comprise 117 keys, made up of 47 hotel suites, 61 branded residences and nine branded villas. Design draws on Mediterranean and Cycladic traditions, with sculpted forms, natural materials and a focus on sea views and natural light. The branded residences form a significant part of the plan, offered for private ownership alongside the hotel suites and villas.

Nammos has built its name since opening in Mykonos in 2003, growing from beach dining into hotels and branded residences over two decades. Petros Stathis, chairman of Nammos, framed the Montenegro project as a new chapter for the group.

“Having invested in Montenegro for many years, I have always believed in its extraordinary potential as one of the Mediterranean’s most compelling luxury destinations,” he said.

Dining through the day at Nammos Resort Montenegro

Nammos Resort Montenegro will centre its food offering on the beachfront Nammos Restaurant, the concept that first built the brand’s following. Nalu will serve all-day Mediterranean dishes, Ilios Lounge will focus on cocktails and relaxed socialising, and a rooftop pool bar will offer light bites and sunset views across the Adriatic.

At the heart of the site, Nammos Village will gather retail, dining and social spaces in a contemporary reworking of the Mediterranean village, designed as a place to shop, eat and gather for guests and residents through the day.

Wellness, watersports and a Sveti Stefan pop-up

Beyond the resort, guests and residents will have access to a spa, fitness facilities, swimming pools and beachfront amenities, alongside a kids club, watersports and guided excursions. Hiking and mountain biking trails through the surrounding mountains add an outdoor dimension for those wanting to explore more of Montenegro’s landscape.

Ahead of the 2029 opening, a Nammos Restaurant pop-up is running at Sveti Stefan through the 2026 season, giving visitors an early sense of the brand’s beachfront dining and coastal setting.

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Vadim Verhovski, chairman of Smokva Bay, pointed to the partnership as central to the project. “Our vision for Smokva Bay has always been to create a destination of international significance, rooted in the beauty and character of Montenegro,” he said. Delivery of the wider site is being led by UAE-based Mereha Developments, whose team has worked on projects including Atlantis The Royal in Dubai.

The Montenegro resort joins a growing Nammos Hotels & Resorts portfolio that already includes Nammos Hotel Mykonos, with further properties in development at Nammos AMAALA in Saudi Arabia and in the Maldives.