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One&Only Portonovi Private Homes: The Adriatic's Premier Collection of Waterfront Villas
Completion Date : 2021
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Where the Adriatic Sea Meets Montenegro's Black Mountains in Europe's First One&Only Resort

Ultra-luxury waterfront villas at One&Only Portonovi unite Mediterranean elegance, Chenot wellness, and Boka Bay’s beauty to create Adriatic’s pinnacle address.

One&Only Portonovi Private Homes: The Adriatic's Premier Collection of Waterfront Villas


At the graceful entrance to Montenegro's legendary Boka Bay, One&Only Portonovi emerges as Europe's first One&Only resort and the Adriatic's ultimate lifestyle destination. This extraordinary development encompasses a limited collection of ten exclusive Private Homes, each representing a trophy property along the Mediterranean coastline. Developed by Azmont Investments with architecture and interiors by the legendary Jean-Michel Gathy and his team at Denniston International Architects, these waterfront sanctuaries span 26 hectares of pristine coastline, offering residents privileged access to world-class resort amenities while maintaining the privacy and prestige of individual villa ownership. Each residence features private beaches, personal jetties, and lush gardens, creating intimate havens where modern European design seamlessly blends with traditional Montenegrin coastal charm.

The Private Homes at One&Only Portonovi represent more than exceptional real estate, they embody a lifestyle of unprecedented sophistication. Residents enjoy complete access to the resort's 43,000-square-foot Chenot Espace wellness center, the first Chenot Espace within a One&Only property worldwide, offering transformative health programs based on the renowned Chenot Method. Beyond wellness, the destination features exceptional dining by Michelin-starred Chef Giorgio Locatelli at Sabia, the vibrant Tapasake Club combining Japanese-Peruvian cuisine with poolside ambiance, and La Veranda celebrating authentic Montenegrin flavors. A state-of-the-art mega-yacht marina accommodating 220 berths, tennis facilities, multiple swimming pools, and year-round cultural programming completes this remarkable offering. Ownership extends beyond Portonovi to the prestigious One&Only global network, providing exclusive access, preferential rates, and special privileges at the brand's distinguished properties worldwide transforming this Adriatic sanctuary into a gateway for extraordinary experiences across continents.

One&Only Portonovi development
Jean-Michel Gathy's Masterpiece: Where Privacy, Luxury, and Space Define Coastal Living


Jean-Michel Gathy, the visionary architect behind some of the world's most celebrated One&Only properties, approached Portonovi with three guiding principles: luxury, space, and privacy. His design philosophy creates structures that honor Montenegro's natural elements while establishing new standards for coastal elegance. Each Private Home emerges from the landscape as a modern interpretation of Mediterranean architecture, featuring distinctive terracotta rooftops, towering colonnades, and textured surfaces that echo both Montenegrin vernacular and Venetian styling. The architecture works to bring the outdoors inside through floor-to-ceiling windows, expansive terraces, and seamless transitions between interior luxury and exterior natural beauty. Gathy's restrained yet sophisticated approach ensures each villa maintains individual character while contributing to the harmonious village atmosphere that defines the entire development.

The interiors reflect a calm and comfortable aesthetic, allowing residents to transition effortlessly from busy urban life to peace and tranquility. Features and proportions are carefully aligned to emanate balance and security, with furniture layouts in each room focused on capturing views of Boka Bay's shimmering waters and the misty mountains rising dramatically beyond. Natural materials wood and stone with organic rather than highly glossed finishes ground each space in authentic elegance. Arched halls, floor-to-ceiling windows, glass walls, luxurious bathrooms, and refined flooring showcase the finest examples of contemporary European design infused with local cultural richness. The result is an ethereal living experience where every detail has been curated to create sanctuaries of both sophistication and comfort spaces that invite relaxation, inspire gathering, and celebrate the extraordinary beauty of Montenegro's Adriatic Riviera in an environment where walls seem to disappear, and nature becomes an integral part of daily life.

One&Only Portonovi development
Ten Exclusive Private Homes Within Europe's First One&Only Resort and Spa


  • Location: Entrance to Boka Bay, Herceg Novi, Montenegro—UNESCO World Heritage Site on the Adriatic coastline
  • Architecture & Design: Jean-Michel Gathy and Denniston International Architects; interiors by HBA (Hirsch Bedner Associates)
  • Private Homes: Exclusive collection of 10 ultra-luxury waterfront villas with three-bedroom configurations
  • Villa Features: Each home includes private beach access, personal jetty, private swimming pool, and landscaped gardens.
  • Home Size: Approximately 600 square meters of luxurious living space across two stories
  • Developer: Azmont Investments, a Montenegro-based company with €828 million total project investment
  • Marina: State-of-the-art mega-yacht marina with 220 berths offering tax relief up to 40% on fuel
One&Only Portonovi location
One&Only Portonovi Private Homes offer unmatched access to Adriatic luxury, anchored by the iconic 43,000-sq-ft Chenot Espace wellness sanctuary.


Based on the world-renowned Chenot Method, this transformative sanctuary offers personalized one-to-seven-day programs combining rigorous diagnostic testing with cutting-edge treatments, Traditional Chinese Medicine, and the Chenot Diet plan. Facilities include a fully equipped gym, sauna, steam room, hammam, relaxation rooms, an indoor pool, five outdoor pools surrounding a private beach, and daily yoga classes. Culinary excellence permeates the resort through multiple world-class venues: Sabia, led by Michelin-starred Chef Giorgio Locatelli, celebrates wholesome Mediterranean cuisine with organic ingredients and wood-fired artisan pizzas; Tapasake Club serves as Montenegro's premier social destination with contemporary Japanese-Peruvian fusion amid vibrant poolside ambiance; La Veranda offers authentic Montenegrin home-style cooking; and Caminetti Bar crafts cocktails in sophisticated lobby surroundings.

The 220-berth mega-yacht marina provides protected mooring with fuel tax relief, while the exclusive Portonovi Yacht Club, designed by renowned Winch Design, caters to yacht owners with members-only facilities. Tennis courts, multiple swimming pools, including the spectacular beach club, water sports activities, cultural programming, and year-round events ensure endless entertainment. Residents benefit from 24-hour concierge service, room service, housekeeping, valet parking, and priority access to all resort facilities. Beyond Portonovi, ownership includes privileged membership in the One&Only global network, providing exclusive events, preferential rates, and special access to properties spanning the Maldives, Dubai, Rwanda, Montenegro, Mexico, South Africa, Australia, Malaysia, and Mauritius, extending this extraordinary Mediterranean lifestyle to the world's most inspiring destinations.

One&Only Portonovi amenities
Montenegro's Adriatic Jewel: Where UNESCO Heritage Meets Coastal Sophistication


Boka Bay – surrounding waters
Herceg Novi Old Town – nearby
Kotor – short drive
Tivat – neighboring municipality
Perast – scenic bay location
Lovćen National Park – accessible excursion
Tivat Airport – approximately 15 kilometers
Dubrovnik, Croatia – approximately 50 kilometers
Budva – accessible coastal drive
Dalmatian Coast Islands – one day's sail from the marina

One&Only Portonovi location
One&Only : Herceg NoviPOA - Kumbor, Villa
3 Bed3 Bath
Azmont Investments


One&Only Portonovi represents the visionary achievement of Azmont Investments, the Montenegro-based company that has emerged as the leading investor in the country's transformation into Europe's elite coastal destination. Founded and led by Chairman Ahmet Erentok and CEO Rashad Aliyev since 2015, Azmont recognized the incomparable potential of Montenegro's stunning natural beauty and created an idyllic village in Boka Bay that would exceed all expectations. With a total investment value of €828 million, Portonovi stands as Azerbaijan's largest international destination project outside the country and Montenegro's most significant luxury development. As a responsible corporate citizen and proud member of the Montenegrin Foreign Investors Council, Azmont demonstrates an unwavering commitment to community well-being through thoughtfully planned CSR programs, environmental stewardship, and the creation of quality employment opportunities.

The company's philosophy centers on creating timeless lifestyle destinations that consistently exceed expectations while respecting both the natural environment and traditional Mediterranean architectural heritage. Azmont assembled an extraordinary international team for Portonovi, including legendary architect Jean-Michel Gathy of Denniston International, HBA for villa interiors, Italy-based contractor Impresa Pizzarotti, Winch Design for the yacht club, Harrods Interiors for residential spaces, and Kerzner International as resort operator. Through strategic partnership with One&Only Resorts and wellness leader Chenot, Azmont has created not merely a development but a comprehensive luxury ecosystem where exceptional residences, world-class hospitality, transformative wellness, and vibrant cultural programming converge to establish Portonovi as the Adriatic Riviera's most prestigious address and a driver for Montenegro's continued emergence as Europe's leading luxury destination.

One&Only Portonovi development