Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 5.47
Mortgage as Percentage of Income: 42.20%
Loan Affordability Index: 2.37
Price to Rent Ratio - City Centre: 17.29
Price to Rent Ratio - Outside of Centre: 11.71
Gross Rental Yield (City Centre): 5.78%
Gross Rental Yield (Outside of Centre): 8.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 587.50 € 450.00-750.00
Apartment (1 bedroom) Outside of Centre 377.78 € 250.00-550.00
Apartment (3 bedrooms) in City Centre 863.33 € 800.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 656.25 € 600.00-950.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 188.90 € 102.19-278.71
Price per Square Feet to Buy Apartment Outside of Centre 88.26 € 83.61-92.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,362.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 2.70-4.90

These data are based on 79 entries in the past 18 months from 17 different contributors.
Last update: November 2024

Sources and References
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