Palermo (province) real estate market — prices, rental yield and trend

• Average price: $1,447 / m²
• Gross rental yield: 8.52%
• 12-month price change (USD): -1.67%
• Net rental yield: 6.73%
• Transaction cost: 14%
• Price basis: regional average

Residential property in Palermo (province) averages $1,447 per square metre. In dollar terms the market has barely moved over the last twelve months (-1.7%). That makes it the 248th most expensive of the 264 markets in the set.

What a buyer pays in Palermo (province)

The $1,447 figure is a regional average across all residential property types, which flattens a wide spread — the most sought-after areas run well above it, the rest of the region well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 14% of the price here. On a 100 m² apartment at the average price that is roughly $20,258 on top of the $144,700 purchase price. That is above the 9.5% median across the set — the entry cost is part of the investment case here. Of that, the transfer tax alone is 2–9% depending on the buyer and the property; the rest is notary, registration and agency fees.

What it earns

A square metre lets for about $10.3 a month. Against a purchase price of $1,447 per square metre that is 8.5% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 21st of 311 markets by gross yield. Rental income is taxed at 21%, which takes the yield down to 6.7% net. The 1.8-point difference between the gross and net figure is the part most listing sites leave out. On the way out there is a third tax: a non-resident seller pays 0–43% on the gain, depending on how long the property was held and who is selling.

Who can buy in Palermo (province)

Freehold; reciprocity required for non-EU buyers. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Palermo (province) is built from asking prices from listings. It was last refreshed on 2026-09-22. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.

Sources: idealista.it. Snapshot: 2026-09-22.