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Palermo

Sicily's capital; Arab-Norman architecture; world-class street food; lowest entry prices in Italy

📈 Appreciating🇮🇱 Growing Israeli Presence
Currency:
Price Range/m²€1,300–€1,500/m² (₪4,527–₪5,223/m²)
LTR Yield5%–7%
STR Yield7%–12%
YoY Growth+6%
Flights from TLV—

* Exchange rates shown for illustration only, based on ECB mid-market rate. Actual transactions may be subject to conversion fees.

Local STR Rules — Palermo

No separate Palermo STR moratorium found; Sicily 7% flat tax for qualifying municipalities not Palermo city; standard national CIN framework

Market Analysis — Palermo

Key demand drivers and main investment risks

✅Demand Drivers

  • •Sicily cultural tourism
  • •food scene
  • •North Africa transport hub
  • •increasing low-cost flight connectivity

⚠️Key Risks

  • •Infrastructure constraints
  • •higher management overhead
  • •Sicily bureaucracy
  • •lower resale liquidity

🇮🇱 Notes for Israeli investors

Growing post-Oct 2023; Sicily 7% flat tax draws Italian-heritage Israelis and HNWI seeking Southern Italy entry

Schools: curricula and languages of instruction

This reports which school curricula and languages of instruction are available to a child in this city — not how many foreign residents live here.

Listed alphabetically — not a ranking or a recommendation. Compiled from public sources; confirm details with the school.

Properties in Palermo

544 for sale·301 for rent

1
🏠
EUR 238K
Ballarò / Historic Center
2 bd151m²
8%–12% STR
Listing ↗
2
🏠
EUR 450K
Mondello Beach Area
3 bd184m²
9%–14% STR
Listing ↗
3
🏠
EUR 320K
Notarbartolo / Strasburgo
2 bd140m²
7%–12% STR
Listing ↗
4
🏠
EUR 365K
Ballarò / Historic Center
1 bd114m²
8%–12% STR
Listing ↗
5
🏠
EUR 595K
Ballarò / Historic Center
3 bd181m²
8%–12% STR
Listing ↗
6
🏠
EUR 219K
Ballarò / Historic Center
3 bd166m²
8%–12% STR
Listing ↗
7
🏠
EUR 790K
Ballarò / Historic Center
4 bd578m²
8%–12% STR
Listing ↗
8
🏠
EUR 150K
Ballarò / Historic Center
2 bd114m²
8%–12% STR
Listing ↗
9
🏠
EUR 85K
Ballarò / Historic Center
2 bd75m²
8%–12% STR
Listing ↗
10
🏠
EUR 90K
Ballarò / Historic Center
1 bd39m²
8%–12% STR
Listing ↗
11
🏠
EUR 230K
Ballarò / Historic Center
3 bd150m²
8%–12% STR
Listing ↗
12
🏠
EUR 49K
Ballarò / Historic Center
2 bd51m²
8%–12% STR
Listing ↗
13
🏠
EUR 68K
Ballarò / Historic Center
1 bd49m²
8%–12% STR
Listing ↗
14
🏠
EUR 590K
Ballarò / Historic Center
2 bd273m²
8%–12% STR
Listing ↗
15
🏠
EUR 160K
Ballarò / Historic Center
3 bd82m²
8%–12% STR
Listing ↗
16
🏠
EUR 219K
Ballarò / Historic Center
3 bd135m²
8%–12% STR
Listing ↗
17
🏠
EUR 660K
Ballarò / Historic Center
3 bd190m²
8%–12% STR
Listing ↗
18
🏠
EUR 230K
Ballarò / Historic Center
3 bd100m²
8%–12% STR
Listing ↗
19
🏠
EUR 260K
Ballarò / Historic Center
2 bd160m²
8%–12% STR
Listing ↗
20
🏠
EUR 335K
Borgo Vecchio
2 bd130m²
7%–12% STR
Listing ↗
21
🏠
EUR 220K
Borgo Vecchio
1 bd57m²
7%–12% STR
Listing ↗
22
🏠
EUR 450K
Borgo Vecchio
2 bd140m²
7%–12% STR
Listing ↗
23
🏠
EUR 545K
Borgo Vecchio
2 bd192m²
7%–12% STR
Listing ↗
24
🏠
EUR 338K
Borgo Vecchio
2 bd109m²
7%–12% STR
Listing ↗
25
🏠
EUR 200K
Borgo Vecchio
3 bd180m²
7%–12% STR
Listing ↗
26
🏠
EUR 398K
Kalsa
1 bd130m²
7%–12% STR
Listing ↗
27
🏠
EUR 158K
Kalsa
2 bd120m²
7%–12% STR
Listing ↗
28
🏠
EUR 188K
Kalsa
3 bd140m²
7%–12% STR
Listing ↗
29
🏠
EUR 1.4M
La Cala / Foro Italico
5 bd595m²
7%–12% STR
Listing ↗
30
🏠
EUR 2.1M
Libertà / Politeama
4 bd379m²
6%–9% STR
Listing ↗
31
🏠
EUR 280K
Libertà / Politeama
3 bd140m²
6%–9% STR
Listing ↗
32
🏠
EUR 350K
Libertà / Politeama
3 bd195m²
6%–9% STR
Listing ↗
33
🏠
EUR 698K
Libertà / Politeama
3 bd280m²
6%–9% STR
Listing ↗
34
🏠
EUR 340K
Libertà / Politeama
3 bd139m²
6%–9% STR
Listing ↗
35
🏠
EUR 135K
Libertà / Politeama
1 bd108m²
6%–9% STR
Listing ↗
36
🏠
EUR 498K
Libertà / Politeama
2 bd350m²
6%–9% STR
Listing ↗
37
🏠
EUR 590K
Libertà / Politeama
3 bd210m²
6%–9% STR
Listing ↗
38
🏠
EUR 720K
Libertà / Politeama
5 bd432m²
6%–9% STR
Listing ↗
39
🏠
EUR 265K
Libertà / Politeama
3 bd83m²
6%–9% STR
Listing ↗
40
🏠
EUR 500K
Libertà / Politeama
3 bd265m²
6%–9% STR
Listing ↗
41
🏠
EUR 285K
Libertà / Politeama
3 bd200m²
6%–9% STR
Listing ↗
42
🏠
EUR 210K
Libertà / Politeama
2 bd130m²
6%–9% STR
Listing ↗
43
🏠
EUR 350K
Libertà / Politeama
3 bd117m²
6%–9% STR
Listing ↗
44
🏠
EUR 269K
Libertà / Politeama
3 bd147m²
6%–9% STR
Listing ↗
45
🏠
EUR 695K
Libertà / Politeama
2 bd231m²
6%–9% STR
Listing ↗
46
🏠
EUR 1.4M
Mondello Beach Area
3 bd216m²
9%–14% STR
Listing ↗
47
🏠
EUR 169K
Mondello Beach Area
2 bd115m²
9%–14% STR
Listing ↗
48
🏠
EUR 1.4M
Mondello Beach Area
6 bd527m²
9%–14% STR
Listing ↗
49
🏠
EUR 1.4M
Mondello Beach Area
6 bd422m²
9%–14% STR
Listing ↗
50
🏠
EUR 880K
Mondello Beach Area
3 bd208m²
9%–14% STR
Listing ↗
51
🏠
EUR 2.2M
Mondello Beach Area
4 bd340m²
9%–14% STR
Listing ↗
52
🏠
EUR 2.3M
Mondello Beach Area
7 bd710m²
9%–14% STR
Listing ↗
53
🏠
EUR 197K
Mondello Beach Area
2 bd123m²
9%–14% STR
Listing ↗
54
🏠
EUR 1.4M
Mondello Beach Area
2 bd525m²
9%–14% STR
Listing ↗
55
🏠
EUR 1.7M
Mondello Beach Area
7 bd813m²
9%–14% STR
Listing ↗
56
🏠
EUR 99K
Mondello Beach Area
1 bd77m²
9%–14% STR
Listing ↗
57
🏠
EUR 115K
Mondello Beach Area
2 bd100m²
9%–14% STR
Listing ↗
58
🏠
EUR 1.4M
Mondello Beach Area
3 bd583m²
9%–14% STR
Listing ↗
59
🏠
EUR 475K
Mondello Beach Area
3 bd190m²
9%–14% STR
Listing ↗
60
🏠
EUR 290K
Notarbartolo / Strasburgo
3 bd195m²
7%–12% STR
Listing ↗
61
🏠
EUR 420K
Notarbartolo / Strasburgo
3 bd140m²
7%–12% STR
Listing ↗
62
🏠
EUR 78K
Notarbartolo / Strasburgo
1 bd75m²
7%–12% STR
Listing ↗
63
🏠
EUR 390K
Notarbartolo / Strasburgo
4 bd175m²
7%–12% STR
Listing ↗
64
🏠
EUR 375K
Notarbartolo / Strasburgo
3 bd210m²
7%–12% STR
Listing ↗
65
🏠
EUR 445K
Notarbartolo / Strasburgo
5 bd210m²
7%–12% STR
Listing ↗
66
🏠
EUR 330K
Notarbartolo / Strasburgo
3 bd168m²
7%–12% STR
Listing ↗
67
🏠
EUR 210K
Notarbartolo / Strasburgo
3 bd155m²
7%–12% STR
Listing ↗
68
🏠
EUR 450K
Notarbartolo / Strasburgo
4 bd230m²
7%–12% STR
Listing ↗
69
🏠
EUR 690K
Notarbartolo / Strasburgo
3 bd212m²
7%–12% STR
Listing ↗
70
🏠
EUR 175K
Notarbartolo / Strasburgo
1 bd58m²
7%–12% STR
Listing ↗
71
🏠
EUR 450K
Notarbartolo / Strasburgo
4 bd337m²
7%–12% STR
Listing ↗
72
🏠
EUR 590K
Notarbartolo / Strasburgo
4 bd296m²
7%–12% STR
Listing ↗
73
🏠
EUR 410K
Notarbartolo / Strasburgo
5 bd266m²
7%–12% STR
Listing ↗
74
🏠
EUR 235K
Notarbartolo / Strasburgo
2 bd98m²
7%–12% STR
Listing ↗
75
🏠
EUR 175K
Notarbartolo / Strasburgo
2 bd130m²
7%–12% STR
Listing ↗
76
🏠
EUR 650K
Notarbartolo / Strasburgo
6 bd468m²
7%–12% STR
Listing ↗
77
🏠
EUR 339K
Notarbartolo / Strasburgo
4 bd170m²
7%–12% STR
Listing ↗
78
🏠
EUR 448K
Notarbartolo / Strasburgo
6 bd186m²
7%–12% STR
Listing ↗
79
🏠
EUR 459K
Notarbartolo / Strasburgo
4 bd211m²
7%–12% STR
Listing ↗
80
🏠
EUR 220K
Notarbartolo / Strasburgo
2 bd130m²
7%–12% STR
Listing ↗
81
🏠
EUR 175K
Notarbartolo / Strasburgo
2 bd116m²
7%–12% STR
Listing ↗
82
🏠
EUR 250K
Notarbartolo / Strasburgo
2 bd150m²
7%–12% STR
Listing ↗
83
🏠
EUR 360K
Notarbartolo / Strasburgo
2 bd136m²
7%–12% STR
Listing ↗
84
🏠
EUR 205K
Notarbartolo / Strasburgo
3 bd130m²
7%–12% STR
Listing ↗
85
🏠
EUR 359K
Notarbartolo / Strasburgo
2 bd182m²
7%–12% STR
Listing ↗
86
🏠
EUR 495K
Notarbartolo / Strasburgo
5 bd306m²
7%–12% STR
Listing ↗
87
🏠
EUR 750K
Notarbartolo / Strasburgo
5 bd240m²
7%–12% STR
Listing ↗
88
🏠
EUR 90K
Notarbartolo / Strasburgo
4 bd180m²
7%–12% STR
Listing ↗
89
🏠
EUR 130K
Notarbartolo / Strasburgo
2 bd79m²
7%–12% STR
Listing ↗
90
🏠
EUR 180K
Notarbartolo / Strasburgo
3 bd120m²
7%–12% STR
Listing ↗
91
🏠
EUR 210K
Vucciria
2 bd100m²
7%–12% STR
Listing ↗
92
🏠
EUR 1.3M
Vucciria
4 bd283m²
7%–12% STR
Listing ↗
93
🏠
EUR 645K
Vucciria
2 bd219m²
7%–12% STR
Listing ↗
94
🏠
EUR 249K
Vucciria
1 bd60m²
7%–12% STR
Listing ↗
95
🏠
EUR 162K
Vucciria
2 bd93m²
7%–12% STR
Listing ↗
96
🏠
EUR 385K
Vucciria
3 bd136m²
7%–12% STR
Listing ↗
97
🏠
EUR 235K
Vucciria
1 bd66m²
7%–12% STR
Listing ↗
98
🏠
EUR 210K
Vucciria
2 bd100m²
7%–12% STR
Listing ↗
99
🏠
EUR 200K
Vucciria
8 bd150m²
7%–12% STR
Listing ↗
100
🏠
EUR 232K
Vucciria
2 bd116m²
7%–12% STR
Listing ↗

Properties for Sale in Palermo

Latest Listings

Showing 1–12 of 50 listings

3-Bed Villa · 184 m² in Mondello Beach Area
CASABROVA
immobiliare.it
€450,000(₪1,566,990)
€2,446/m²

3-Bed Villa · 184 m² in Mondello Beach Area

Mondello Beach Area, Palermo
33184 m²
villa
Source: immobiliare.it
View Listing
2-Bed Apartment · 109 m² in Borgo Vecchio
CASABROVA
immobiliare.it
€337,600(₪1,175,591)
€3,097/m²

2-Bed Apartment · 109 m² in Borgo Vecchio

Borgo Vecchio, Palermo
22109 m²
apartment
Source: immobiliare.it
View Listing
1-Bed Studio · 39 m² in Ballarò / Historic Center
CASABROVA
immobiliare.it
€90,000(₪313,398)
€2,308/m²

1-Bed Studio · 39 m² in Ballarò / Historic Center

Ballarò / Historic Center, Palermo
1139 m²
studio
Source: immobiliare.it
View Listing
3-Bed Apartment · 168 m² in Notarbartolo / Strasburgo
CASABROVA
immobiliare.it
€330,000(₪1,149,126)
€1,964/m²

3-Bed Apartment · 168 m² in Notarbartolo / Strasburgo

Notarbartolo / Strasburgo, Palermo
33168 m²
apartment
Source: immobiliare.it
View Listing
5-Bed Villa · 432 m² in Libertà / Politeama
CASABROVA
immobiliare.it
€720,000(₪2,507,184)
€1,667/m²

5-Bed Villa · 432 m² in Libertà / Politeama

Libertà / Politeama, Palermo
53432 m²
villa
Source: immobiliare.it
View Listing
2-Bed Apartment · 123 m² in Mondello Beach Area
CASABROVA
immobiliare.it
€197,000(₪685,993)
€1,602/m²

2-Bed Apartment · 123 m² in Mondello Beach Area

Mondello Beach Area, Palermo
21123 m²
apartment
Source: immobiliare.it
View Listing
4-Bed Villa · 180 m² in Notarbartolo / Strasburgo
CASABROVA
immobiliare.it
€90,000(₪313,398)
€500/m²

4-Bed Villa · 180 m² in Notarbartolo / Strasburgo

Notarbartolo / Strasburgo, Palermo
42180 m²
villa
Source: immobiliare.it
View Listing
6-Bed Villa · 527 m² in Mondello Beach Area
CASABROVA
immobiliare.it
€1,370,000(₪4,770,614)
€2,600/m²

6-Bed Villa · 527 m² in Mondello Beach Area

Mondello Beach Area, Palermo
63527 m²
villa
Source: immobiliare.it
View Listing
2-Bed Apartment · 93 m² in Vucciria
CASABROVA
immobiliare.it
€162,000(₪564,116)
€1,742/m²

2-Bed Apartment · 93 m² in Vucciria

Vucciria, Palermo
2193 m²
apartment
Source: immobiliare.it
View Listing
4-Bed Villa · 230 m² in Notarbartolo / Strasburgo
CASABROVA
immobiliare.it
€450,000(₪1,566,990)
€1,957/m²

4-Bed Villa · 230 m² in Notarbartolo / Strasburgo

Notarbartolo / Strasburgo, Palermo
43230 m²
villa
Source: immobiliare.it
View Listing
3-Bed Apartment · 147 m² in Libertà / Politeama
CASABROVA
immobiliare.it
€269,000(₪936,712)
€1,830/m²

3-Bed Apartment · 147 m² in Libertà / Politeama

Libertà / Politeama, Palermo
32147 m²
apartment
Source: immobiliare.it
View Listing
2-Bed Apartment · 115 m² in Mondello Beach Area
CASABROVA
immobiliare.it
€169,000(₪588,492)
€1,470/m²

2-Bed Apartment · 115 m² in Mondello Beach Area

Mondello Beach Area, Palermo
22115 m²
apartment
Source: immobiliare.it
View Listing
…

Yield by Neighborhood — Palermo

Microzone investment comparison — CASABROVA

⭐ Microlayer
NeighborhoodPrice/m²STR YieldSTR Status
Mondello Beach Area
beachseasonalpremium
€1,600–€2,500 (₪5,572–₪8,706)9%–14%License Required

CIN + CIR (Sicily) mandatory; some condominium rules

La Cala / Foro Italico
€1,300–€1,500 (₪4,527–₪5,223)7%–12%N/A
Libertà / Politeama
residentialltrprofessional
€1,400–€1,800 (₪4,875–₪6,268)6%–9%License Required

CIN + CIR (Sicily) mandatory; standard framework

Vucciria
€1,300–€1,500 (₪4,527–₪5,223)7%–12%N/A
Kalsa
€1,300–€1,500 (₪4,527–₪5,223)7%–12%N/A
Borgo Vecchio
€1,300–€1,500 (₪4,527–₪5,223)7%–12%N/A
Ballarò / Historic Center
heritagearab normanstr
€1,200–€1,700 (₪4,179–₪5,920)8%–12%License Required

CIN + CIR (Sicily) mandatory; Sicily 7% flat tax for qualifying small municipalities (not Palermo city)

Notarbartolo / Strasburgo
€1,300–€1,500 (₪4,527–₪5,223)7%–12%N/A

Yield and price ranges are internal AI-research estimates from public real-estate portals (Tranio, Investropa, Globes, etc.), refreshed quarterly. Not primary-source data.

Editorial | CASABROVA

All articles →
briefingmonthlyOct 1, 2026

CASABROVA Global Investor Briefing — October 2026

The board barely moved: twenty-one of twenty-nine markets are unchanged, and the three that crossed two points did so because our own readings changed, not because anything happened in those markets. The top is now a three-way tie — Estonia 74.6, Poland 74.3, Slovenia 74.3 — with three tenths of a point between first and third.

CASABROVA Editorial
briefingmonthlySep 5, 2026

CASABROVA Global Investor Briefing — September 2026

The Score did not move: no market changed by even half a point, and Estonia edged past Poland into #1 by 0.20 — inside the noise. What moved was the cost of money, and in opposite directions: New Zealand and Korea raised, Israel cut, Canada held, and 12-month Euribor crossed 3%. House prices rose in 25 of the 27 markets we can price for 2025, led by Hungary at +18.3%; only Canada and New Zealand fell.

CASABROVA Editorial
quarterly-briefinginvestor-briefingAug 8, 2026

Q2 2026 Investor Briefing

Our quarterly cross-market briefing: twenty-nine markets, the cost of borrowing as a foreign buyer, cycle position, tax by nationality, and the CASABROVA Score.

CASABROVA Editorial
str-regulationyield-analysisApr 11, 2026

The Yield Illusion: Why Municipal STR Regulations are Destroying Cross-Border Valuations

A massive "Yield Illusion" has formed. Investors are pricing properties based on historical cash flows, fatally ignoring that hyper-local municipal regulations have decoupled historical performance from future returns.

CASABROVA Editorial

Service Providers in Palermo

Lawyers, brokers, property managers, contractors

View all providers→

Market Review — Palermo

Palermo is Sicily's capital and one of Europe's most affordable major cities for property investment. The city's €1 house program made global headlines, and genuine renovation opportunities exist in Kalsa, La Vucciria, and Ballarò. Growing low-cost airline connectivity and Palermo's vibrant street food scene support increasing tourist arrivals.

Last updated: April 26, 2026

Discussions — Palermo

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Important Legal Disclaimer

The information presented on CASABROVA is for general informational purposes only and does not constitute legal, financial, tax, or investment advice. This information is not binding and should not be relied upon as the basis for any decision. Before executing any transaction or investment in overseas real estate, consult with a qualified lawyer, accountant, tax advisor, and/or any other relevant professional in the relevant territory.

Tax, regulatory, and yield data change frequently. CASABROVA makes efforts to update information weekly from primary sources, but is not responsible for the accuracy of the information or for changes not yet reflected. All figures presented are indicative only.