Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 5.72
Mortgage as Percentage of Income: 35.33%
Loan Affordability Index: 2.83
Price to Rent Ratio - City Centre: 15.76
Price to Rent Ratio - Outside of Centre: 17.27
Gross Rental Yield (City Centre): 6.35%
Gross Rental Yield (Outside of Centre): 5.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 500.00 € 350.00-600.00
Apartment (1 bedroom) Outside of Centre 350.00 € 250.00-450.00
Apartment (3 bedrooms) in City Centre 800.00 € 700.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 575.00 € 450.00-700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 151.73 € 123.84-185.80
Price per Square Feet to Buy Apartment Outside of Centre 117.68 € 102.19-130.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,266.67 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.18 1.10-3.60

These data are based on 43 entries in the past 18 months from 13 different contributors.
Last update: July 2022

Sources and References
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