Back to Palermo, Italy

Palermo, Italy

Palermo, Italy

Guide Price

$421,200

390,000 EUR

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

PROPERTY TYPE

Condo

BEDROOMS

5

BATHROOMS

3

Palermo, Italy - Photo 2
Palermo, Italy - Photo 3
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Description

Zona: Centro Storico / Albergheria Nel cuore dell'Albergheria e in zona storica di Palermo altamente commerciale, fornita da servizi pubblici e per la comunità come bar, supermercati, panifici, fermate del bus, banche e uffici postali, proponiamo in vendita 3 mini appartamenti di ca. 195 mq complessivi, entrambi recentemente ristrutturati, posti al 2° e 3° piano all'interno di una palazzina s. a. Il 2° piano è suddiviso in 2 appartamenti autonomi e composti allo stesso modo: ingresso su cucina-soggiorno con porta finestra, camera da letto con balcone, bagno con doccia, un ripostiglio; al 3° piano troviamo un ulteriore appartamento composto da cucina-soggiorno con porta finestra, camera da letto con accesso al terrazzino, bagno con doccia e lavanderia. Tutte le stanze sono climatizzate, tutti gli infissi sono stati sostituiti e sono a taglio termico. Vista panoramica sul centro storico di Palermo. Si presta ottimo per chi cerca per uso investimento essendo già avviati come struttura ricettiva. Si valuta la vendita di un singolo appartamento. L'immobile è visionabile tutti i giorni previo appuntamento telefonico. Per maggiori informazioni contattare Agenzia Sovrano Immobiliare ai numeri Tel. ##### / Cell. ##### email: info@sovranoimmobiliare.it Hai bisogno di vendere il tuo immobile? Richiedi subito una consulenza GRATUITA immobiliare con il nostro esperto capace di valutare la tua casa e stimare il giusto prezzo di mercato. Contattaci Tel. ##

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
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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

SOVRANO IMMOBILIARE

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