Back to Palermo, Italy

Palermo, Italy

Palermo, Italy

Guide Price

$453,600

420,000 EUR

$400K-$599K
View on Subito.it

PROPERTY TYPE

Condo

BEDROOMS

5

BATHROOMS

4

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Description

Rif: 22841095-149 Classe energetica: D - EPglnr: 90.00 kWh/m² B&B di Prestigio in Vendita Investimento Immobiliare nel Centro Storico di Palermo "Nostrale BNB" Nel cuore del centro storico di Palermo, proponiamo in vendita B&B avviato ad alta redditività, situato allinterno di un palazzo antico di pregio. La vendita comprende lattività ricettiva e la piena proprietà dellimmobile, configurandosi come un investimento completo e sicuro. La struttura è composta da 5 camere indipendenti, tutte con bagno privato, totalmente ristrutturate e arredate con cura, coniugando il fascino storico delledificio a soluzioni moderne e funzionali. È presente una zona colazione dedicata con accesso a terrazzino, elemento di forte appeal per la clientela turistica. Il B&B viene ceduto chiavi in mano, completamente arredato, inclusa cucina attrezzata, pronto per la prosecuzione immediata dellattività. Plus per linvestitore: Vendita attività + intero immobile 5 camere con bagno privato Palazzo storico completamente ristrutturato Impianto di allarme e domotica Presenza su tutti i principali portali OTA Prenotazioni già confermate per i prossimi 6 mesi Attività avviata con continuità di reddito Posizione strategica ad alta domanda turistica Soluzione ideale per investitori alla ricerca di un asset immobiliare a reddito, con proprietà diretta dellimmobile e possibilità di ulteriore ottimizzazione dei ricavi.

Location

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Living in Palermo

Sicily's vibrant, chaotic capital where living costs are among the lowest in Western Europe and the street food culture rivals any city on Earth. The city has a raw, unpolished energy with stunning Arab-Norman architecture, bustling markets, and a growing digital nomad scene drawn by Italy's favorable tax regime. Italian is essential, infrastructure can be frustrating, but the warmth of the people and the quality of daily life -- especially the food -- make up for it.

Espresso at the bar every morning, pasta made the way your grandmother wished she could, and a culture that treats every meal, every sunset, and every conversation as something worth lingering over.

Visa

Digital Nomad Visa — requires remote work for foreign clients/employers, min €28,000/yr net income, and 6 months work experience. Valid 1 year, renewable. Elective Residence Visa — for retirees and those with passive income (€31,000/yr minimum, no work allowed). Both offer a path to long-term residency.

Learn more: The Complete Guide to Moving to Italy

Key Fact

Italy launched its digital nomad visa in 2024, making it much easier for remote workers than the old elective residence route. Italian bureaucracy is notoriously slow (3-6 months processing), so patience and a good immigration lawyer are essential.

Learn more: Can Americans Buy Property Abroad? Rules by Country
See all Italy listings

Italy at a glance

How Italy scores for American expats

💰Cost of Living
Moderate
🛡️Safety
Very safe
🗣️English Spoken
Rarely
🏥Healthcare
Excellent
🌬️Air Quality
Moderate
📶Internet
Moderate
🚶Walkability
Very walkable
🚇Transit
Excellent

Cost of buying in Italy

Estimated fees and ongoing costs for this property

Closing Costs

7-12% of purchase price

  • ·Registration tax: 2% (primary) or 9% (second home)
  • ·Notary: €2,000-5,000
  • ·Cadastral tax: €50
  • ·Agent: 3-4% + VAT

Annual Costs

Property Tax

0.4-0.76% of cadastral value (IMU — not on primary residence)

Insurance

€200-500/yr

HOA / Condo Fees

€50-200/mo for apartments (spese condominiali)

Good to Know

Agent Fees

Buyer pays own agent (3-4% + 22% VAT)

Foreign Buyer Note

Reciprocity requirement — Americans can buy freely (US-Italy treaty). Codice fiscale (tax ID) required. 9% registration tax on second homes is significant.

Legal help in Italy

Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.

Need a local attorney in Italy?

We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.

Contact Agent

REMAX HUNTERS

Next steps for moving to Italy

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

Know your tax obligations

US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Subito.it

Portal listings

Currency

EUR