Back to Palermo, Italy

Palermo, Italy

Palermo, Italy

Guide Price

$464,400

430,000 EUR

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

PROPERTY TYPE

house

BEDROOMS

10

BATHROOMS

2

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

VIA NOCE , 63 In Via Noce, su strada principale e a soli 200 metri da Piazza Principe di Camporeale, proponiamo in vendita una villa storica, considerata patrimonio architettonico della città, una proprietà di grande rilevanza e rara nel panorama immobiliare cittadino. La villa, di circa 400 mq commerciali, è suddivisa in due livelli più un secondo piano con terrazzo sovrastante, ed è oggi interamente da ristrutturare, offrendo la possibilità di personalizzare completamente gli spazi interni in base al progetto desiderato. Attualmente è composta da 16 ambienti,destinati alla zona giorno e alla zona notte e agli spazi di rappresentanza, una disposizione che si presta sia ad un uso residenziale di prestigio sia a una trasformazione in struttura ricettiva. Al piano terra l'ingresso conduce a una corte interna che collega tutti gli ambienti e permette l'accesso a un giardino interno riservato, uno spazio di grande valore che, in caso di destinazione ricettiva, può essere dedicato ad attività comuni per gli ospiti, creando un ambiente rilassante e privato nel cuore della città. Il primo piano, originariamente il piano nobiliare, ospita gli ambienti più ampi e luminosi, con doppia esposizione su Via Noce e sull'interno, perfetti per sale comuni, soggiorni o ulteriori camere, a seconda del progetto. Il secondo piano comprende un ampio vano che può essere utilizzato come studio mentre il terrazzo sovrastante, si sviluppa in lunghezza al centro della villa e offre un affaccio panorami

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

TECNORETE - PARISIO SAS

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

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Currency

EUR