Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 5.87
Mortgage as Percentage of Income: 45.22%
Loan Affordability Index: 2.21
Price to Rent Ratio - City Centre: 17.29
Price to Rent Ratio - Outside of Centre: 11.22
Gross Rental Yield (City Centre): 5.78%
Gross Rental Yield (Outside of Centre): 8.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 600.0 € 450.0-750.0
Apartment (1 bedroom) Outside of Centre 387.5 € 250.0-550.0
Apartment (3 bedrooms) in City Centre 835.56 € 650.0-1,000.0
Apartment (3 bedrooms) Outside of Centre 700.0 € 600.0-950.0
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 188.9 € 102.19-278.71
Price per Square Feet to Buy Apartment Outside of Centre 88.26 € 83.61-92.9
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,271.43 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 2.7-4.9

These data are based on 72 entries in the past 18 months from 15 different contributors.
Last update: October 2024

Sources and References
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