Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 7.28
Mortgage as Percentage of Income: 43.84%
Loan Affordability Index: 2.28
Price to Rent Ratio - City Centre: 23.35
Price to Rent Ratio - Outside of Centre: 17.47
Gross Rental Yield (City Centre): 4.28%
Gross Rental Yield (Outside of Centre): 5.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 466.67 € 400.00-600.00
Apartment (1 bedroom) Outside of Centre 314.44 € 250.00-450.00
Apartment (3 bedrooms) in City Centre 725.00 € 600.00-900.00
Apartment (3 bedrooms) Outside of Centre 515.33 € 437.93-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 207.29 € 167.22-325.16
Price per Square Feet to Buy Apartment Outside of Centre 106.84 € 92.90-167.22
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,161.11 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.91 1.20-3.50

These data are based on 102 entries in the past 18 months from 14 different contributors.
Last update: July 2021

Sources and References
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