Detached house, Montenegro, Centro, Montenegro
Detached house, Montenegro, Centro, Montenegro — image 2Detached house, Montenegro, Centro, Montenegro — image 3Detached house, Montenegro, Centro, Montenegro — image 4Detached house, Montenegro, Centro, Montenegro — image 5
Grade B+villaluxury

Detached house, Montenegro, Centro, Montenegro

Faro · Eastern Algarve ·

€1.6M

Asking Price (EUR)

3.8%

True Net Yield (Owner, all-in)

2.6%

True Net Yield (Managed, all-in)

5.0%

True Gross Yield

32%

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: €93,758/yr
Average Daily Rate: €813
+36.0% vs area baselineImage quality 9/10 (+6%), Modern/contemporary style (+12%), Has pool (0%), Has view (+10%), Luxury finish (+8%)
Payback Period: 36.0 years
5-yr Capital Value: €1.9M
10-yr Capital Value: €2.2M
Brixfox Score: 65.1 / 100
Comparable Properties: 7
Data Confidence: 63%
Search Radius: 4 km

True Investment Cost

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

€1.9M

+13.6% over asking

Asking price€1.6M
IMT — Property transfer tax (investment schedule)€123,750
IS — Stamp duty (0.8%)€13,200
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€24,750
Total acquisition costs€162,950
Renovation€0 — move-in ready
Furnishing & STR launch (4bd × €8000 base, luxury tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€62,150
All-in investment (incl. renovation & furnishing)€1.9M

Gross yield (asking price)

5.7%

True gross yield (all-in)

5.0%

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: 4
Bathrooms: 6
Building: 405 m²
Land: 477 m²
Style: modern
Condition: new-build
Year Built: 2020
Energy Certificate: B
Private Pool
View

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

angular rooflinefloor-to-ceiling glass wallsglass balcony railingsinfinity-edge pool

Score Breakdown

ROI
10.73
Visual Appeal
15.6
Ownership Security
13
Location
8.4
Land & Space
9.2
Rental Demand
3.16
Payback Speed
1
STR Suitability
4

Description

Discover the perfect blend of luxury and nature with this modern 4-bedroom villa in Montenegro, Faro, located near the renowned Ria Formosa Natural Park. This property offers an unparalleled living experience with panoramic sea and mountain views, providing a tranquil and comfortable retreat. Upon entry, you are welc

Location

📍 37.0313°N, 7.9611°W

· Faro, Algarve, Portugal

View on ENGEL & VÖLKERS Faro-Tavira →Also on Idealista.pt
Detached house, Montenegro, Centro, Montenegro
Idealista.pt
Source verified

Detached house, Montenegro, Centro, Montenegro

Faro · Eastern Algarve · Freehold · Ref BF-5993
Ownership
Freehold
Bedrooms
4
Bathrooms
6
Built area
405 m²
Land
477 m²
True net yield
2.8%
≈ $7,924/mo net after costs & tax
Brixfox Score 65 · B+

Property details

Year built: 2020
Energy: B
Condition: new-build

Description

Discover the perfect blend of luxury and nature with this modern 4-bedroom villa in Montenegro, Faro, located near the renowned Ria Formosa Natural Park. This property offers an unparalleled living experience with panoramic sea and mountain views, providing a tranquil and comfortable retreat. Upon entry, you are welc

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)
$1,169/night
50% ($538)Brixfox estimate($1,169/night)200% ($2152)
Occupancy
32%
10%Brixfox estimate(32%)100%

Short-Term Rental

Yearly income
$64,936
Airbnb data$1,169/night · 32% occupancy
Rental income
$1,169/night · 32% occ.
$124,876
Running costs (20%)
Utilities, cleaning, maintenance
-$24,975
Income tax (10%)
Indonesian rental income tax
-$34,965
Property tax
Annual property tax
-$0
Net income
3.6% ROI
$64,936

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

Approx. location

Net Yield · Fully-Managed · After Tax

2.8%

on all-in cost of $1,985,054

Scenario
Pre-tax
After-tax
Owner-managed
4.8%
4.2%
Fully-managed
3.3%
2.8%
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

6.3%

Annual Revenue

$124,876

Income Tax / yr

$10,927

Payback

36 yrs

True All-In Cost
Asking price$1,793,478
IMT — transfer tax (non-resident 7.5%)$134,511
Stamp duty (0.8%)$14,348
Notary + registry$2,174
Legal$13,370
Furnishing + STR launch$27,174
All-in cost$1,985,054

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$9.4M$7.1M$4.7M$2.4M$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $1.6M
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.
Paid back
Year 21: rental income alone has repaid the full purchase price.
2x return
Year 11: total gains (capital + rental) have doubled your initial investment.
Year 5
Capital Value
$2.0M
+22%
Rental Income
+$317K
Total Position
$2.3M
+41%
7.1%/yr
Year 10
Capital Value
$2.4M
+48%
Rental Income
+$685K
Total Position
$3.1M
+90%
6.6%/yr
Year 20
Capital Value
$3.6M
+119%
Rental Income
+$1.6M
Total Position
$5.2M
+216%
5.9%/yr
Year 30
Capital Value
$5.4M
+224%
Rental Income
+$2.8M
Total Position
$8.2M
+397%
5.5%/yr

Location

Faro

Eastern Algarve, Approximate area

Loading Map...

Ask Brixfox AI

Conversational analysis — questions about this listing, answered from real data.

Try one of these

Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
3.6% annual return
Occupancy
Weak
32% average occupancy
Nightly Rate
Strong
$1076 per night
Visual Appeal
Strong
9/10 instagrammability
Size & Space
Good
477 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $1076 — positioned in the top tier
Stunning visuals with 9/10 instagrammability — commands premium nightly rates
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 3.6% is near 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.
5.0%
$7,469/mo
40% occ.
6.7%
$9,958/mo
32% occ.
5.3%
$7,867/mo
current
42% occ.
6.9%
$10,357/mo

Inquire — direct to the agent

Your message goes straight to the listing agent. No middleman, no markup.

Your inquiry will be sent directly to the listing agent.

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
$1,793,478
2.8%
Net yield
View original listing
Source verified · Idealista.pt · listed 2 Jun 2026
Estimates, not financial advice. Yields modelled from real Airbnb data.