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Palazzo - Edificio in Palermo

Palermo, Sicilia
Bedrooms
0
Baths
2
95
Price per m²
€895
Property type
Palazzo
Rooms
2 locali

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…

balcony

What it really costs

Can you move in?

Move in as it is

In the listingNeeds renovation

The photographs say otherwise, and we go by the photographs.

See what needs doing and what each job costs
Why this price is what it is

Asking price plus estimated renovation (~€700/m²) gives ~€151,500 total (~€1,595/m²) versus the local median of €400/m², so the effective price is well above market. Good location (1 km from the sea) and many photos are positives, but heavy works needed and the listing lists 0 bedrooms despite describing a bedroom (data contradiction), so score is reduced.

More on the house and the area
What the photos show

Bright, high‑ceiling apartment with a large open kitchen/living, original shutters and period character, plus two balconies and a small terrace overlooking trees and a rocky hill. The unit is solid and clearly livable today (kitchen and bathrooms in place) but would benefit from cosmetic renovation and system updates — excellent value for central Palermo.

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.

Connections and paperworkabout €10,000

Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.

Show more

Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800

No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.

Asking price + this range + connections
€152,000 – €181,000
What worries us about this house
  • Needs renovation/refresh (cosmetic upgrades and possible systems work)
  • Street‑facing with potential traffic noise
  • Accommodation spread over three levels — internal stairs required

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
Get directions

Asking price

85,000
Deal score
28/100
Dream
40/100
Wow
78/100

Listed 11/09/2026