Property Prices in Palermo, Italy

Index
Price to Income Ratio:	8.73
Mortgage as Percentage of Income:	53.61%
Loan Affordability Index:	1.87
Price to Rent Ratio - City Centre:	28.10
Price to Rent Ratio - Outside of Centre:	20.64
Gross Rental Yield (City Centre):	3.56%
Gross Rental Yield (Outside of Centre):	4.84%

Rent Per Month	[ Edit ]	Range
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	733.33 €	600.00-900.00
Apartment (3 bedrooms) Outside of Centre	538.89 €	500.00-600.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	248.85 €	185.80-325.16
Price per Square Feet to Buy Apartment Outside of Centre	128.74 €	92.90-167.22
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	1,164.29 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.13	1.87-3.00

These data are based on 92 entries in the past 18 months from 13 different contributors.
Last update: October 2020

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