Property Prices in Palermo, Italy

Index Info
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

Sources and References
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