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
25
Price momentum
31
Rental demand
7
Sales demand
17

Median Sale Price

€95,000
1M
+3.3%
1Y
0%
Median Sale Price
MonthMedian 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%
Median Rent Price
MonthMedian 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%
Gross Rental Yield
MonthGross Rental Yield
June8.62%
July10.61%
August11.2%
September11.76%
October9.25%
November9.1%
December9.76%
January10.1%
February11.44%
March12.31%
April11.01%
May11.45%

Square meter cost

€800
1M
+2%
1Y
+0.8%
Square meter cost
MonthSquare 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%)
Listings by property size
CategoryListings 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

Gross Rental Yield
CategoryGross Rental Yield
Studio0%
1 bedroom10.67%
2 bedroom5.04%
3 bedroom9.88%
4+ bedroom8.57%
Gross Rental Yield
CategoryGross Rental Yield
< 30 m² apartments21.82%
30-40 m² apartments21.82%
40-50 m² apartments14.29%
50-60 m² apartments9.76%
60-70 m² apartments18.49%
70-80 m² apartments10.24%
80-90 m² apartments11.2%
90-100 m² apartments10.5%
100-110 m² apartments35.71%
110-120 m² apartments0%
120-130 m² apartments5.11%
130-140 m² apartments0%
140-150 m² apartments0%

Square meter cost

Square meter cost
CategorySquare meter cost
Studio€0
1 bedroom€740
2 bedroom€1,790
3 bedroom€990
4+ bedroom€770
Square meter cost
CategorySquare meter cost
< 30 m² apartments730
30-40 m² apartments730
40-50 m² apartments970
50-60 m² apartments1090
60-70 m² apartments1170
70-80 m² apartments1120
80-90 m² apartments920
90-100 m² apartments890
100-110 m² apartments840
110-120 m² apartments750
120-130 m² apartments1110
130-140 m² apartments720
140-150 m² apartments840

Number of listings for sale

Number of listings for sale
CategoryNumber of listings for sale
Studio0
1 bedroom10
2 bedroom15
3 bedroom59
4+ bedroom223
Number of listings for sale
CategoryNumber of listings for sale
< 30 m² apartments1
30-40 m² apartments1
40-50 m² apartments6
50-60 m² apartments9
60-70 m² apartments12
70-80 m² apartments25
80-90 m² apartments22
90-100 m² apartments23
100-110 m² apartments35
110-120 m² apartments25
120-130 m² apartments33
130-140 m² apartments32
140-150 m² apartments32

Number of listings for rent

Number of listings for rent
CategoryNumber of listings for rent
Studio1
1 bedroom1
2 bedroom4
3 bedroom3
4+ bedroom6
Number of listings for rent
CategoryNumber of listings for rent
< 30 m² apartments1
30-40 m² apartments1
40-50 m² apartments3
50-60 m² apartments1
60-70 m² apartments2
70-80 m² apartments3
80-90 m² apartments1
90-100 m² apartments1
100-110 m² apartments1
110-120 m² apartments0
120-130 m² apartments2
130-140 m² apartments0
140-150 m² apartments0

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

Median Sale Price
Month1 bedroom2 bedroom3 bedroom4+ 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

Median Rent Price
Month1 bedroom2 bedroom3 bedroom4+ 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)

Years to profit (sale to rent ratio)
Month1 bedroom2 bedroom3 bedroom4+ bedroom
June5.5612.1911.9713.08
July--10.356.1112.5
August--10.9711.3612.74
September--10.3510.6913.1
October7.6519.7611.3613.46
November9.3812.9612.6712.82
December7.2914.9612.2711.31
January6.1513.1712.7311.9
February9.1713.749.5212.18
March11.4610.39.5211.9
April9.3821.2610.1211.67
May9.3819.8410.1211.67

Square meter cost

Square meter cost
Month1 bedroom2 bedroom3 bedroom4+ 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

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

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?