Modica – Real Estate Investment Overview
Data updated monthly.Last update:May 3, 2026
Ragusa province
Confidence
Low
Market Overview: Score, Prices and Rental Yields
Market Score
38Weak
38 / 100
Investability
25Price momentum
31Rental demand
7Sales demand
17Median Sale Price
€95,000
1M
+3.3%
1Y
0%
| Month | Median Sale Price |
|---|---|
| June | €95,000 |
| July | €95,000 |
| August | €95,500 |
| September | €98,000 |
| October | €95,000 |
| November | €90,000 |
| December | €90,000 |
| January | €90,000 |
| February | €89,000 |
| March | €95,000 |
| April | €92,000 |
| May | €95,000 |
Median Rent Price
€700
1M
+16.7%
1Y
+16.7%
| Month | Median Rent Price |
|---|---|
| June | €600 |
| July | €650 |
| August | €600 |
| September | €600 |
| October | €600 |
| November | €550 |
| December | €550 |
| January | €600 |
| February | €600 |
| March | €700 |
| April | €600 |
| May | €700 |
Gross Rental Yield
11.45%
1M
+4%
1Y
+22.2%
| Month | Gross Rental Yield |
|---|---|
| June | 8.62% |
| July | 10.61% |
| August | 11.2% |
| September | 11.76% |
| October | 9.25% |
| November | 9.1% |
| December | 9.76% |
| January | 10.1% |
| February | 11.44% |
| March | 12.31% |
| April | 11.01% |
| May | 11.45% |
Square meter cost
€800
1M
+2%
1Y
+0.8%
| Month | Square meter cost |
|---|---|
| June | €790 |
| July | €790 |
| August | €800 |
| September | €820 |
| October | €810 |
| November | €770 |
| December | €780 |
| January | €770 |
| February | €770 |
| March | €850 |
| April | €780 |
| May | €800 |
Market Breakdown
Listings by property size
Studio (0%)
1 bedroom (3%)
2 bedroom (6%)
3 bedroom (19%)
4+ bedroom (71%)
| Category | Listings by property size |
|---|---|
| Studio (0%) | 1 listings (0%) |
| 1 bedroom (3%) | 11 listings (3%) |
| 2 bedroom (6%) | 19 listings (6%) |
| 3 bedroom (19%) | 62 listings (19%) |
| 4+ bedroom (71%) | 229 listings (71%) |
Sales Activity Index
8 %
Rent Activity Index
7 %
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 10.67% |
| 2 bedroom | 5.04% |
| 3 bedroom | 9.88% |
| 4+ bedroom | 8.57% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 21.82% |
| 30-40 m² apartments | 21.82% |
| 40-50 m² apartments | 14.29% |
| 50-60 m² apartments | 9.76% |
| 60-70 m² apartments | 18.49% |
| 70-80 m² apartments | 10.24% |
| 80-90 m² apartments | 11.2% |
| 90-100 m² apartments | 10.5% |
| 100-110 m² apartments | 35.71% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 5.11% |
| 130-140 m² apartments | 0% |
| 140-150 m² apartments | 0% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €740 |
| 2 bedroom | €1,790 |
| 3 bedroom | €990 |
| 4+ bedroom | €770 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 730 |
| 30-40 m² apartments | 730 |
| 40-50 m² apartments | 970 |
| 50-60 m² apartments | 1090 |
| 60-70 m² apartments | 1170 |
| 70-80 m² apartments | 1120 |
| 80-90 m² apartments | 920 |
| 90-100 m² apartments | 890 |
| 100-110 m² apartments | 840 |
| 110-120 m² apartments | 750 |
| 120-130 m² apartments | 1110 |
| 130-140 m² apartments | 720 |
| 140-150 m² apartments | 840 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 10 |
| 2 bedroom | 15 |
| 3 bedroom | 59 |
| 4+ bedroom | 223 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 6 |
| 50-60 m² apartments | 9 |
| 60-70 m² apartments | 12 |
| 70-80 m² apartments | 25 |
| 80-90 m² apartments | 22 |
| 90-100 m² apartments | 23 |
| 100-110 m² apartments | 35 |
| 110-120 m² apartments | 25 |
| 120-130 m² apartments | 33 |
| 130-140 m² apartments | 32 |
| 140-150 m² apartments | 32 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 1 |
| 1 bedroom | 1 |
| 2 bedroom | 4 |
| 3 bedroom | 3 |
| 4+ bedroom | 6 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 1 |
| 40-50 m² apartments | 3 |
| 50-60 m² apartments | 1 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 3 |
| 80-90 m² apartments | 1 |
| 90-100 m² apartments | 1 |
| 100-110 m² apartments | 1 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 2 |
| 130-140 m² apartments | 0 |
| 140-150 m² apartments | 0 |
Market Trends
Top submarkets
Premium
NameScoreGross YieldMedian Sale Price
Potential annual revenue
€8,400
Studio
€6,000
1 bedroom
€4,800
2 bedroom
€6,360
3 bedroom
€8,400
4+ bedroom
€8,400
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €40k | €79k | €79k | €102k |
| July | €30k | €74.5k | €77k | €105k |
| August | €45k | €79k | €75k | €107k |
| September | €45k | €74.5k | €77k | €110k |
| October | €45k | €83k | €75k | €105k |
| November | €45k | €70k | €76k | €100k |
| December | €35k | €79k | €79.5k | €95k |
| January | €29.5k | €79k | €82.5k | €100k |
| February | €55k | €82.5k | €80k | €95k |
| March | €55k | €86.5k | €80k | €100k |
| April | €45k | €125k | €85k | €98k |
| May | €45k | €125k | €85k | €98k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €600 | €540 | €550 | €650 |
| July | -- | €600 | €1,050 | €700 |
| August | -- | €600 | €550 | €700 |
| September | -- | €600 | €600 | €700 |
| October | €490 | €350 | €550 | €650 |
| November | €400 | €450 | €500 | €650 |
| December | €400 | €440 | €540 | €700 |
| January | €400 | €500 | €540 | €700 |
| February | €500 | €500 | €700 | €650 |
| March | €400 | €700 | €700 | €700 |
| April | €400 | €490 | €700 | €700 |
| May | €400 | €530 | €700 | €700 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | 5.56 | 12.19 | 11.97 | 13.08 |
| July | -- | 10.35 | 6.11 | 12.5 |
| August | -- | 10.97 | 11.36 | 12.74 |
| September | -- | 10.35 | 10.69 | 13.1 |
| October | 7.65 | 19.76 | 11.36 | 13.46 |
| November | 9.38 | 12.96 | 12.67 | 12.82 |
| December | 7.29 | 14.96 | 12.27 | 11.31 |
| January | 6.15 | 13.17 | 12.73 | 11.9 |
| February | 9.17 | 13.74 | 9.52 | 12.18 |
| March | 11.46 | 10.3 | 9.52 | 11.9 |
| April | 9.38 | 21.26 | 10.12 | 11.67 |
| May | 9.38 | 19.84 | 10.12 | 11.67 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €810 | €1,320 | €990 | €780 |
| July | €710 | €1,240 | €920 | €810 |
| August | €740 | €1,320 | €940 | €820 |
| September | €740 | €1,220 | €960 | €850 |
| October | €880 | €1,310 | €940 | €810 |
| November | €880 | €1,170 | €950 | €770 |
| December | €610 | €1,270 | €990 | €730 |
| January | €580 | €1,050 | €1,030 | €770 |
| February | €860 | €1,100 | €1,000 | €740 |
| March | €960 | €1,120 | €1,000 | €810 |
| April | €740 | €2,270 | €1,060 | €780 |
| May | €740 | €1,790 | €990 | €770 |
Investment Insights by Districts
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
Premium
##
Gross Rental Yield
20 %
Median Sale Price
€88.9k
Median Rent Price
€8,890
About Modica
Modica is a historic hill town in the southern Sicilian province of Ragusa. Set on a plateau with gentle contours, it threads its streets with a medieval texture and a wealth of Baroque façades crowned by a panoramic skyline. Its story spans ancient civilizations and later periods, leaving a compact tapestry of churches, palazzi and viewpoints that reward exploration. Its economy rests on a mix of tourism, craftsmanship and agricultural activity, with locally produced chocolate and artisanal foods. Small services, hospitality and regional commerce connect Modica to nearby historic towns and to transport routes that keep the area lively year round. Rental demand typically follows the presence of students, professionals relocating for work, and visitors drawn to the city’s history and countryside. Digital nomads seeking a creative base, and seasonal tourism, shape the market by adding variability through the year.
All | 11.45 % | 307 | 15 | €95,000 | €700 |
Studio | -- % | -- | 1 | -- | €500 |
1 Bedroom | 10.67 % | 10 | 1 | €45,000 | €400 |
2 Bedrooms | 5.04 % | 15 | 4 | €125,000 | €530 |
3 Bedrooms | 9.88 % | 59 | 3 | €85,000 | €700 |
4+ Bedrooms | 8.57 % | 223 | 6 | €98,000 | €700 |
Low Yield (<=4%)
Moderate Yield (4% - 5%)
High Yield (5% - 7%)
Very High Yield (7% - 9%)
Target Yield (>9%)
Summary and Key Takeaways
With a median rental yield of 11.45% and property prices starting at €45,000, Modica
remains one of Italy’s most attractive markets.
Median property prices in Modica are €95,000, while the median rent is €700. This means that a median property in Modica will pay for itself in 11.3 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €500.
A median 1-bedroom apartment: 10.67% yield, sale price €45,000, rent €400.
A median 2-bedroom apartment: 5.04% yield, sale price €125,000, rent €530.
A median 3-bedroom apartment: 9.88% yield, sale price €85,000, rent €700.
A median 4+ bedroom apartment: 8.57% yield, sale price €98,000, rent €700.
Where exactly to buy the property?