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Detached house in Gambelas, Montenegro
Detached house in Gambelas, Montenegro — image 2Detached house in Gambelas, Montenegro — image 3Detached house in Gambelas, Montenegro — image 4Detached house in Gambelas, Montenegro — image 5
Grade C+villabudget

Detached house in Gambelas, Montenegro

Faro · Eastern Algarve ·

€480,000

Asking Price (EUR)

3.8%

True Net Yield (Owner, all-in)

2.4%

True Net Yield (Managed, all-in)

5.5%

True Gross Yield

45%

Occupancy

Projections — conservative (data maturing)

Our Airbnb calendar dataset started 2.9 months ago and is currently at 24% maturity. Yields shown apply a conservative calibration (realised-ADR factor 0.77, occupancy cap 67%) that auto-fades to full fidelity by April 2027.

Projected Gross Revenue: €34,181/yr
Average Daily Rate: €207
-25.0% vs area baselineImage quality 5/10 (-6%), Portuguese-traditional style (+5%), No pool (-12%), Budget finish (-12%)
Payback Period: 38.1 years
5-yr Capital Value: €556,452
10-yr Capital Value: €645,080
Brixfox Score: 53.9 / 100
Comparable Properties: 8
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.

€621,220

+29.4% over asking

Asking price€480,000
IMT — Property transfer tax (investment schedule)€26,230
IS — Stamp duty (0.8%)€3,840
Notary (escritura)€1,000
Property registry€250
Legal fees (~1.5%)€7,200
Total acquisition costs€38,520
Renovation (est. €350/m² × 230 m²)
Cosmetic refresh — flooring, paint, bathroom & kitchen updates.		€80,500
(€57,500–€103,500)
Furnishing & STR launch (3bd × €2500 base, budget tier)
Furniture, appliances, electronics, linens, AL licence setup, launch photography.		€22,200
All-in investment (incl. renovation & furnishing)€621,220

Gross yield (asking price)

7.1%

True gross yield (all-in)

5.5%

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: 3
Building: 230 m²
Style: portuguese-traditional
Condition: fair
Year Built: 2000
Energy Certificate: C

AL Licence Status Unconfirmed

AL licence status unconfirmed — verify before purchase

Design Features

tiled patiobalcony with traditional railing

Score Breakdown

ROI
10.21
Visual Appeal
6.8
Ownership Security
13
Location
8.4
Land & Space
6
Rental Demand
4.52
Payback Speed
1
STR Suitability
4

Description

We are pleased to present this excellent villa located in Gambelas, Montenegro, ideal for both owner-occupation and investment. The property stands out for its versatility, as it can easily be divided into two independent units: a studio apartment (with a kitchenette and bathroom) and the remaining living area with 3

Location

📍 37.0409°N, 7.9719°W

· Faro, Algarve, Portugal

View this property on eXp Global Portugal →Listed via Idealista.pt
3-bedroom freehold villa in Faro — photo 1 of 5
eXp Global Portugal
3-bedroom freehold villa in Faro — photo 2 of 5
3-bedroom freehold villa in Faro — photo 3 of 5
3-bedroom freehold villa in Faro — photo 4 of 5
3-bedroom freehold villa in Faro — photo 5 of 5

Detached house in Gambelas, Montenegro

Faro · Eastern Algarve · Ref BF-11708 Source verified · eXp Global Portugal · listed 2 Jun 2026
Asking price · Freehold
$521,739
View original listing
Ownership
Freehold
Bedrooms
3
Bathrooms
3
Built area
230 m²
True net yield
2.6%
≈ $2,583/mo net after costs & tax
5-yr total return (net + appreciation)
8.2% / yr avg
Payback in ~38 yrs from rent
Brixfox Score 54 · C+

What nearby Airbnbs actually earn

Brixfox tracks the live availability calendars of Airbnb listings around this property. The rates and occupancy below are observed from real bookings — this is the data behind every yield figure on this page.

Location

Faro

Eastern Algarve, Approximate area

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Airbnb Comp Analysis

Finding Airbnb comps...

Property details

Year built: 2000
Energy: C
Condition: fair

Description

We are pleased to present this excellent villa located in Gambelas, Montenegro, ideal for both owner-occupation and investment. The property stands out for its versatility, as it can easily be divided into two independent units: a studio apartment (with a kitchenette and bathroom) and the remaining living area with 3

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)
$291/night
50% ($134)Brixfox estimate($291/night)200% ($536)
Occupancy
45%
10%Brixfox estimate(45%)100%

Short-Term Rental

Indicative
Yearly income
$23,148
Likely range $13,889 – $32,408
Airbnb data$291/night · 45% occupancy
Rental income
$291/night · 45% occ.
$44,516
Running costs (20%)
Utilities, cleaning, maintenance
-$8,903
Income tax (10%)
Indonesian rental income tax
-$12,465
Property tax
Annual property tax
-$0
Net income
4.4% ROI
$23,148

Investment Returns

After-tax net yield · all-in cost basis

Exact location

Net Yield · Fully-Managed · After Tax

2.6%

on all-in cost of $600,809

Scenario
Pre-tax
After-tax
Owner-managed
5.2%
4.5%
Fully-managed
3.3%
2.6%
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

7.4%

Annual Revenue

$44,516

Income Tax / yr

$3,896

Payback

38 yrs

True All-In Cost
Asking price$521,739
IMT — transfer tax (non-resident 7.5%)$39,130
Stamp duty (0.8%)$4,174
Notary + registry$2,174
Legal$6,417
Furnishing + STR launch$27,174
All-in cost$600,809

Growth & Exit Strategy

How your investment grows over time

Freehold — 4%/yr appreciation in Faro.

$3.0M$2.2M$1.5M$739K$0Yr 0Yr 5Yr 10Yr 15Yr 20Yr 25Yr 30Paid back2x ReturnToday: $480K
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 18: 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
$584K
+22%
Rental Income
+$113K
Total Position
$697K
+45%
7.7%/yr
Year 10
Capital Value
$711K
+48%
Rental Income
+$244K
Total Position
$955K
+99%
7.1%/yr
Year 20
Capital Value
$1.1M
+119%
Rental Income
+$572K
Total Position
$1.6M
+238%
6.3%/yr
Year 30
Capital Value
$1.6M
+224%
Rental Income
+$1.0M
Total Position
$2.6M
+435%
5.8%/yr
Turnkey Management

Your property, professionally managed

Buying from abroad? You won't lift a finger. A vetted local management partner is already connected to this listing — ready to run it as a short-stay rental from day one, so the Managed projections above are something you can actually rely on.

Vetted by Brixfox 8+ yrs operating 110+ properties managed ~2h guest response

Atlantic Stays Management

Vetted

Alojamento Local management, Lisbon to the Algarve

22%
Management fee
of rental revenue — already in your Managed figures

End-to-end AL management for international owners. We handle the licence, the platforms and the guests so your second home pays for itself.

What the fee covers

  • Listing setup & optimisation (Airbnb, Booking.com, VRBO)
  • Dynamic pricing & revenue management
  • 24/7 multilingual guest communication
  • Guided check-in / check-out & key handling
  • Professional cleaning, laundry & restocking
  • Maintenance & repairs coordination
  • Monthly owner statements & payouts
  • Guest screening & damage protection
  • Alojamento Local (AL) licence handling & renewals
  • SEF/AIMA guest registration & tourist-tax filing
Visit Atlantic Stays Management

Ask Brixfox AI

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

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Villa Scorecard

Location
Average
Emerging or secondary location
Rental Yield
Average
4.4% annual return
Occupancy
Average
45% average occupancy
Nightly Rate
Strong
$268 per night
Visual Appeal
Weak
3/10 instagrammability
Size & Space
Weak
0 m² land area
Zoning
Average
STR zoning not confirmed
Tenure
Strong
Freehold ownership

Top Highlights

Premium nightly rate of $268 — positioned in the top tier
Freehold ownership — maximum long-term security

Watch Out

Secondary location — rental demand may be lower than premium areas
Yield of 4.4% 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.
4.3%
$1,860/mo
40% occ.
5.7%
$2,480/mo
45% occ.
6.5%
$2,804/mo
current
55% occ.
7.9%
$3,425/mo

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.