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Edificio in Piazza Rossi 40

Palermo, Sicilia
Bedrooms
0
Baths
0
95
Price per m²
€895
Property type
Palazzo

In vendita a Piazza Rossi, a pochi passi dalla Piazza di Tommaso Natale, proponiamo una soluzione abitativa sviluppata su tre livelli, ideale per chi è alla ricerca di un immobile da ristrutturare e personalizzare secondo i propri gusti e le proprie esigenze. L'immobile si sviluppa dal primo al terzo piano e presenta una distribuzione degli ambienti funzionale, arricchita dalla presenza...

parkingterrace

What it really costs

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €85,000 (€895/m²) plus an estimated €700/m² renovation, the effective cost is about €1,595/m² versus the Palermo baseline of €400/m². The sea proximity and 31 photos help, but the property is explicitly to be renovated, making this a weak deal despite the attractive location.

More on the house and the area
What the photos show

This is a bright, genuinely usable Palermo home with a large fitted kitchen, functioning bathroom, air conditioning, balcony, and a striking rocky mountain backdrop. The interiors are dated and cluttered rather than beautiful, but the home appears livable now with scope for cosmetic updating; verify the claimed three-level layout and renovation requirements.

Minimum to live in it350500/m²
€33,000 – €48,000

Certified wiring, water and drainage, a heat source, a roof that keeps the water out, one working bathroom. Facade, insulation, a second bathroom and the floors wait.

This house
Comfortable
€57,000 – €86,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

Our read of the photos, €700/m², falls in this band.

Full1,2001,500/m²
€114,000 – €143,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€19,000 – €34,000

Wiring, water and sanitary work of any kind, heating, air conditioning and gas go to a registered firm by law, and so do flues and the air openings for gas appliances. That labour stays in the bill. Yours is the stripping out, plaster, paint, floors, tiling and carpentry.

Labour is 61% of a renovation price on average and 67% at the median, across 191 items of the Emilia-Romagna 2025 public price list. Materials are the rest. An averaged price list, not a quote.

Materials you buy yourself carry 22% VAT; supplied by the firm doing the work they go at the 10% renovation rate. On a €30,000 materials bill that is €3,600 of extra tax.

Household wiring installed before 13 March 1990 counts as compliant if it has a main breaker with overcurrent protection, protection against direct contact and a 30 mA RCD. Having a firm bring the existing wiring up to that and certify it is the cheapest lawful route.

Asking price + this range
€142,000 – €171,000
What worries us about this house
  • The listing describes the property as needing renovation, despite the photographed rooms appearing usable and furnished.
  • The gallery does not clearly show all three levels or confirm the full bathroom and utility situation.
  • The balcony overlooks a public street and parked cars rather than private outdoor space.

Estimate from the listing and its photos, not a survey. Treat it as the starting point for your own quotes. An Italian builder's quote is normally written without VAT and without design fees, so add about a quarter to any figure a firm gives you.

The area around

Location score 55/100

This is inside the built-up area of Palermo on the Tyrrhenian coast, with Monte Pellegrino and the coastal hills immediately above the city and the Gulf of Palermo on the shoreline. The nearest city of size is Palermo itself, with a large historic centre, port, major services, universities, rail links and the airport outside the city. Palermo has UNESCO recognition within the Arab-Norman Palermo and the Cathedral Churches of Cefalù and Monreale site. The area is known for its urban waterfront, historic fabric and the mountains meeting the sea at the city edge.

The comune of Palermo
People living here
628,693
-3.4% between the 2011 and 2021 census
Over 65
22%
14% are under 14
Flood zone
7.0%
of residents live in a medium-risk flood area
Landslide zone
0.9%
of residents live in a high-risk landslide area
How far to everything
To the sea
1 km
Property address:Piazza Rossi 40
Get directions

Asking price

85,000
Deal score
35/100
Dream
58/100
Wow
74/100

Listed 01/09/2026