Special edition newsletter
FROM FOUNDATIONS TO DETAIL - Projects, Ideas and Trends
On the Budva Riviera, the luxurious Nammos Residences Montenegro complex is emerging - 70 private residences will be built, opening scheduled for 2029
(Photo: Nammos Hotels & Resorts/ANDU)
Nammos Hotels & Resorts, the hotel arm of international luxury brand Nammos, presented the Nammos Residences Montenegro project at an exclusive event in Belgrade. It is a new step in brand development, which expands from a recognizable restaurant concept to ultra-luxury hotels, resorts and branded residential real estate.
After more than two decades of presence in destinations like Mykonos, Dubai and London, as well as the opening of the resort in Amaala on the coast of the Red Sea, Nammos is expanding its operations to the Montenegrin market. The new project is located on the Budva Riviera, between Budva and Petrovac, about ten minutes from St. Stefan, in the Smokva Bay.
A blend of luxury housing and hotel services
The architecture of the project is signed by Montenegrin studio ANDU, while the interior design is in charge of the Athens studio ELASTIC. The concept is based on natural stone, warm wood tones and brass details, with spacious terraces and panoramic views of the bay.
The complex will include 70 residences - suites and private villas with one to four bedrooms. Prices start from EUR 1.9 million.
(Photo: Nammos Hotels & Resorts/ANDU)
- For more than 20 years, Nammos has been creating a recognizable feeling of luxury, connection and belonging to a place. Today, we transfer that spirit to ultra-luxury hotels and branded residences, creating a complete Nammos ecosystem where owners and guests can experience the energy and character of the brand every day. Montenegro is an exceptional environment for this new chapter and we are pleased to present Nammos Residences Montenegro - Turnbull stated.
Residence owners will have access to personalized services and facilities of the neighboring Nammos Resort complex, including Nammos Restaurant, Ilios Lounge, Nalu Restaurant with all-day dining and a rooftop pool bar.
Nammos Village is also planned as part of the project, designed as a space for leading international luxury fashion brands, jewelry houses and boutiques.
The offer will also include wellness facilities, outdoor activities and water sports, from hiking and paddleboarding to e-foiling, i.e. riding an electric board on hydrofoils. Owners will have the option to include their residences in the rental program managed by Nammos Hotels & Resorts.
(Photo: Nammos Hotels & Resorts/ANDU)
Smokva Bay is developing the project
The founder of the Smokva Bay company, Vadim Verhovski, said that the project combines the natural and cultural values of the Montenegrin coast with international standards of luxury housing.
- We are glad that in partnership with Nammos we are realizing the Nammos Residences Montenegro project. The Montenegrin coast offers a rare combination of natural beauty and cultural richness. Together, we are creating a place where design, service and ambience come together in order to offer the owners a truly exceptional way of life - Verhovski stated.
The project is being developed by Smokva Bay, while Mereha Developments from the United Arab Emirates is in charge of its planning and implementation. The Nammos Resort & Residences Montenegro complex is scheduled to open in 2029.
Nammos was established in Mykonos in 2003 and its hotel arm develops luxury hotels, resorts and branded residences in international markets. Nammos Hotel Mykonos opened in 2023.
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"FROM FOUNDATIONS TO DETAIL - Projects, Ideas and Trends"
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