Property Prices in Palermo, Italy

Index Info
Price to Income Ratio: 5.00
Mortgage as Percentage of Income: 38.54%
Loan Affordability Index: 2.59
Price to Rent Ratio - City Centre: 13.41
Price to Rent Ratio - Outside of Centre: 11.22
Gross Rental Yield (City Centre): 7.46%
Gross Rental Yield (Outside of Centre): 8.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 583.33 € 450.00-750.00
Apartment (1 bedroom) Outside of Centre 387.50 € 250.00-550.00
Apartment (3 bedrooms) in City Centre 835.56 € 650.00-1,000.00
Apartment (3 bedrooms) Outside of Centre 700.00 € 600.00-950.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 144.00 € 102.19-185.80
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) 1,250.00 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.68 2.70-4.90

These data are based on 73 entries in the past 18 months from 14 different contributors.
Last update: March 2024

Sources and References
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