Description

The property

Attractive two-room apartment for sale in Palermo, located in the Corso dei Mille area, ideal as an investment. The apartment is located on the second floor of a building constructed in 1940, with a net floor area of 47 square meters and a floor area of 46 square meters. It is currently rented with a regular lease, guaranteeing an annual return of nearly 7%: it practically pays for itself. The property, in good condition and unfurnished, features a living area with kitchenette, a bedroom, a bathroom, and a balcony. The double exposure ensures excellent natural light. The property also includes a private roof terrace, perfect for relaxing outdoors. Double-glazed aluminum window frames contribute to the living comfort, supported by an electric air conditioning system for both heating and cooling. Condominium fees are low, amounting to €10 per month. The strategic location offers easy access to numerous services and infrastructure: kindergarten, schools of all levels, shopping centers, bars, shops, sports facilities, public transportation, the train station, ring road, and highway, as well as proximity to the sea. This solution represents a real opportunity for those seeking a secure and profitable investment.

Why buy a two-room apartment in Corso dei Mille

This appealing apartment located on Corso dei Mille in Palermo presents an exceptional opportunity for both investors and those seeking a cozy home. With a well-utilized space of 47 square meters, this property features two rooms, including a comfortable bedroom and a versatile living area, making it ideal for individuals or couples. The apartment is situated on the second floor of a three-story building, providing a sense of privacy while still enjoying the convenience of easy access. One of the standout features of this apartment is the expansive 40-square-meter terrace, which offers a perfect setting for outdoor relaxation or entertaining guests. The dual exposure fills the living space with natural light throughout the day, enhancing the overall ambiance of the home. The property is in good condition, allowing for immediate occupancy without the need for extensive renovations. Additionally, it benefits from climate control, ensuring a comfortable living environment year-round. The location of this apartment is another significant advantage. Corso dei Mille is a vibrant area known for its accessibility and abundance of services. Residents will find a variety of shops, restaurants, and local markets within walking distance, catering to everyday needs. Public transportation options are readily available, facilitating easy commutes to the city center and beyond. Moreover, the nearby green areas provide a refreshing escape from urban life, perfect for leisurely strolls or outdoor activities. Living in this property offers a balanced lifestyle, combining the convenience of city living with a touch of tranquility. It is an ideal choice for those looking to embrace the vibrant culture of Palermo while enjoying the comforts of a well-appointed home.

Amenities

47 m²

2 rooms

1 bathroom

Buono

1 bedroom

Floor 2

Map

Corso Dei Mille 550, Palermo (Palermo)

Energy Efficiency

F

Energy class F

EPG

176.47 kWh/m² year

Mortgage

Calculate your monthly payment

Property value

Mortgage amount

Term (in years)

Down payment

€13,800

Mortgage amount

€55,200

Monthly payment (estimate*)

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Representative example: The figures shown for instalments, interest, principal and duration are estimated by 24MAX as of today on the basis of the reference rates (EURIBOR, ECB, EUROIRS), are to be considered merely indicative and do not constitute an offer from the Notarising Institution. The granting of the mortgage and the proposed terms are subject to the assessment and approval of the disbursing bank based on the client's financial profile. The APR calculation is performed independently by 24MAX according to the criteria set out in the provision on the transparency of banking and financial transactions and services of Banca d'Italia dated 29 July 2009 and subsequent amendments. Under current regulations, the client will receive the documentation on 'Home Loan Information' and the “European Standardised Information Sheet (ESIS)” before signing the contract to review the definitive clauses and conditions of the mortgage; they may also consult the Trasparenza page for information sheets and other banking transparency documents. To identify the financial solution best suited to your needs, please contact one of our consultants.