Detached house in Centro, Montenegro
Detached house in Centro, Montenegro — image 2Detached house in Centro, Montenegro — image 3Detached house in Centro, Montenegro — image 4Detached house in Centro, Montenegro — image 5
Grade Bvillaluxury

Detached house in Centro, Montenegro

Faro · Eastern Algarve ·

€1.9M

Asking Price (EUR)

1.4%

True Net Yield (Owner, all-in)

0.8%

True Net Yield (Managed, all-in)

2.3%

True Gross Yield

40%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.2 months ago and is currently at 19% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.76, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €50,521/yr
Average Daily Rate: €350
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 129.0 years
5-yr Capital Value: €2.3M
10-yr Capital Value: €2.6M
Brixfox Score: 60.1 / 100
Comparable Properties: 8
Data Confidence: 59%
Search Radius: 3 km

True Investment Cost

Portuguese transfer tax (IMT) + stamp duty (IS) + notary + registration + legal + renovation + full furnishing & STR launch setup.

€2.2M

+12.6% over asking

Asking price€1.9M
IMT — Property transfer tax (investment schedule)€146,250
IS — Stamp duty (0.8%)€15,600
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€29,250
Total acquisition costs€192,350
Renovation€0 — move-in ready
Furnishing & STR launch (3bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€53,300
All-in investment (incl. renovation & furnishing)€2.2M

Gross yield (asking price)

2.6%

True gross yield (all-in)

2.3%

Estimates use Portugal's investment IMT schedule (non-permanent residence). Actual notary & legal vary; budget +€500–1,000 for surveyor, due-diligence and bank-mortgage fees if financing. Renovation cost is a heuristic on property condition × m² — verify with a site visit. Furnishing uses finish-level-tiered rates covering beds, living, kitchen, electronics, AL licence, linens & professional photography. Working capital (2-3 months operating buffer) not included.

Bedrooms: 3
Bathrooms: 4
Building: 258 m²
Land: 896 m²
Style: contemporary
Condition: new-build
Year Built: 2024
Energy Certificate: A
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

infinity-edge poolmodern architectureexpansive glass doors

Score Breakdown

ROI
3.12
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
12
Rental Demand
3.96
Payback Speed
0
STR Suitability
4

Description

In the Algarve’s first and only gated community, a rare opportunity presents itself. This is not simply a house by the coast, but a considered statement in contemporary living, framed by the ever-changing light over the Ria Formosa and the distant sparkle of Faro. From the moment you step inside, the sense of openness

Location

📍 37.0324°N, 7.9615°W

· Faro, Algarve, Portugal

View on Berkshire Hathaway HomeServices Portugal Property →Also on Idealista.pt
Detached house in Centro, Montenegro
Idealista.pt
Source verified

Detached house in Centro, Montenegro

Faro · Eastern Algarve · Freehold · Ref BF-5898
Ownership
Freehold
Bedrooms
3
Bathrooms
4
Built area
258 m²
Land
896 m²
True net yield
0.8%
≈ $3,360/mo net after costs & tax
Brixfox Score 60 · B

Property details

Year built: 2024
Energy: A
Condition: new-build

Description

In the Algarve’s first and only gated community, a rare opportunity presents itself. This is not simply a house by the coast, but a considered statement in contemporary living, framed by the ever-changing light over the Ria Formosa and the distant sparkle of Faro. From the moment you step inside, the sense of openness

Income Breakdown

Figures are modelled estimates derived from comparable short-term-rental data — not guaranteed returns or financial advice. Do your own due diligence before investing.

Adjust Forecast

Customize your projections
Nightly Rate (ADR)
$503/night
50% ($231)Brixfox estimate($503/night)200% ($925)
Occupancy
40%
10%Brixfox estimate(40%)100%

Short-Term Rental

Yearly income
$34,965
Airbnb data$503/night · 40% occupancy
Rental income
$503/night · 40% occ.
$67,241
Running costs (20%)
Utilities, cleaning, maintenance
-$13,448
Income tax (10%)
Indonesian rental income tax
-$18,828
Property tax
Annual property tax
-$0
Net income
1.6% ROI
$34,965

Long-Term Rental

No long-term rental data available

Not enough comparable rentals in this area

Airbnb Comp Analysis

No nearby Airbnb listings found

Investment Returns

After-tax net yield · all-in cost basis

Area estimate

Net Yield · Area Estimate

0.8%

Based on area comps — this property's exact location is unconfirmed

Scenario
Pre-tax
After-tax
Owner-managed
1.7%
1.5%
Fully-managed
1.0%
0.8%
After-tax nets ~28% non-resident IRS on AL income (simplified regime). Yields are on the all-in acquisition cost, not the asking price.

Gross Yield

2.9%

Annual Revenue

$67,241

Income Tax / yr

$5,884

Payback

—

True All-In Cost
Asking price$2,119,565
IMT — transfer tax (non-resident 7.5%)$158,967
Stamp duty (0.8%)$16,957
Notary + registry$2,174
Legal$13,370
Furnishing + STR launch$27,174
All-in cost$2,338,207

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$9.0M$6.8M$4.5M$2.3M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 302x ReturnToday: $1.9M
Capital appreciation
Property value growing at +4%/yr based on Faro market trends.
Rental income
Cumulative net rental earnings collected over time, growing with annual revenue increases.
Total return
Capital value + rental income. Your actual total position if you sold and kept all rent.
2x return
Year 14: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.4M
+22%
Rental Income
+$171K
Total Position
$2.5M
+30%
5.5%/yr
Year 10
Capital Value
$2.9M
+48%
Rental Income
+$369K
Total Position
$3.3M
+67%
5.3%/yr
Year 20
Capital Value
$4.3M
+119%
Rental Income
+$864K
Total Position
$5.1M
+163%
5.0%/yr
Year 30
Capital Value
$6.3M
+224%
Rental Income
+$1.5M
Total Position
$7.9M
+303%
4.8%/yr

Location

Faro

Eastern Algarve, Approximate area

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Weak
1.6% annual return
Occupancy
Weak
40% average occupancy
Nightly Rate
Strong
$463 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Strong
896 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $463 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Generous 896 m² land — room for expansion or amenities

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 1.6% is below the market average — model your cashflow carefully

Consider carefully. Returns are below market average for this price point.

Risks & What-If

What if occupancy changes?

Owner Managed scenario

30% occ.
1.8%
$3,212/mo
40% occ.
2.4%
$4,283/mo
current
40% occ.
2.4%
$4,236/mo
current
50% occ.
3.0%
$5,307/mo

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Data Sources & Methodology

ROI calculations use verified Brixfox Intelligence rental data from a 12-month trailing window. Opex: 20% owner-managed, 45% fully-managed. Market factors in Portugal may impact actual yields.

Asking price · Freehold
$2,119,565
0.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 3 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.