Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 8.07
Mortgage as Percentage of Income: 49.62%
Loan Affordability Index: 2.02
Price to Rent Ratio - City Centre: 25.48
Price to Rent Ratio - Outside of Centre: 18.81
Gross Rental Yield (City Centre): 3.92%
Gross Rental Yield (Outside of Centre): 5.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 461.11 € 400.00-500.00
Apartment (1 bedroom) Outside of Centre 314.44 € 250.00-400.00
Apartment (3 bedrooms) in City Centre 743.75 € 600.00-900.00
Apartment (3 bedrooms) Outside of Centre 526.44 € 437.93-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 227.03 € 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 116.13 € 92.90-167.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,143.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.13 1.75-3.50

These data are based on 95 entries in the past 18 months from 13 different contributors.
Last update: February 2021

Sources and References
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