Palazzolo Acreide – Real Estate Investment Overview
Market Overview: Score, Prices and Rental Yields
Market Score
Median Sale Price
| Month | Median Sale Price |
|---|---|
| June | €85,000 |
| July | €84,000 |
| August | €75,000 |
| September | €78,000 |
| October | €77,500 |
| November | €75,000 |
| December | €82,000 |
| January | €82,000 |
| February | €85,000 |
| March | €82,500 |
| April | €85,000 |
| May | €82,000 |
Median Rent Price
| Month | Median Rent Price |
|---|---|
| June | €370 |
| July | €370 |
| August | €370 |
| September | €380 |
| October | €440 |
| November | €380 |
| December | €380 |
| January | €380 |
| February | €400 |
| March | €450 |
| April | €450 |
| May | €450 |
Gross Rental Yield
| Month | Gross Rental Yield |
|---|---|
| June | 9.04% |
| July | 7.23% |
| August | 11.08% |
| September | 8.77% |
| October | 7.48% |
| November | 6.51% |
| December | 6.66% |
| January | 6.52% |
| February | 6.57% |
| March | 6.42% |
| April | 6.49% |
| May | 6.93% |
Square meter cost
| Month | Square meter cost |
|---|---|
| June | €770 |
| July | €760 |
| August | €710 |
| September | €720 |
| October | €710 |
| November | €690 |
| December | €780 |
| January | €780 |
| February | €780 |
| March | €760 |
| April | €770 |
| May | €750 |
Market Breakdown
Listings by property size
| Category | Listings by property size |
|---|---|
| Studio (1%) | 1 listings (1%) |
| 1 bedroom (5%) | 5 listings (5%) |
| 2 bedroom (12%) | 11 listings (12%) |
| 3 bedroom (24%) | 22 listings (24%) |
| 4+ bedroom (57%) | 52 listings (57%) |
Sales Activity Index
Rent Activity Index
Gross Rental Yield
| Category | Gross Rental Yield |
|---|---|
| Studio | 0% |
| 1 bedroom | 0% |
| 2 bedroom | 10.47% |
| 3 bedroom | 5.28% |
| 4+ bedroom | 5.13% |
| Category | Gross Rental Yield |
|---|---|
| < 30 m² apartments | 0% |
| 30-40 m² apartments | 0% |
| 40-50 m² apartments | 0% |
| 50-60 m² apartments | 0% |
| 60-70 m² apartments | 10.4% |
| 70-80 m² apartments | 0% |
| 80-90 m² apartments | 0% |
| 90-100 m² apartments | 0% |
| 100-110 m² apartments | 0% |
| 110-120 m² apartments | 0% |
| 120-130 m² apartments | 0% |
| 130-140 m² apartments | 3.65% |
| 140-150 m² apartments | 5% |
Square meter cost
| Category | Square meter cost |
|---|---|
| Studio | €0 |
| 1 bedroom | €600 |
| 2 bedroom | €1,160 |
| 3 bedroom | €750 |
| 4+ bedroom | €770 |
| Category | Square meter cost |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 770 |
| 40-50 m² apartments | 1200 |
| 50-60 m² apartments | 1300 |
| 60-70 m² apartments | 820 |
| 70-80 m² apartments | 640 |
| 80-90 m² apartments | 810 |
| 90-100 m² apartments | 660 |
| 100-110 m² apartments | 780 |
| 110-120 m² apartments | 910 |
| 120-130 m² apartments | 500 |
| 130-140 m² apartments | 880 |
| 140-150 m² apartments | 830 |
Number of listings for sale
| Category | Number of listings for sale |
|---|---|
| Studio | 0 |
| 1 bedroom | 5 |
| 2 bedroom | 10 |
| 3 bedroom | 21 |
| 4+ bedroom | 50 |
| Category | Number of listings for sale |
|---|---|
| < 30 m² apartments | 0 |
| 30-40 m² apartments | 2 |
| 40-50 m² apartments | 1 |
| 50-60 m² apartments | 5 |
| 60-70 m² apartments | 8 |
| 70-80 m² apartments | 4 |
| 80-90 m² apartments | 6 |
| 90-100 m² apartments | 4 |
| 100-110 m² apartments | 13 |
| 110-120 m² apartments | 7 |
| 120-130 m² apartments | 5 |
| 130-140 m² apartments | 7 |
| 140-150 m² apartments | 7 |
Number of listings for rent
| Category | Number of listings for rent |
|---|---|
| Studio | 1 |
| 1 bedroom | 0 |
| 2 bedroom | 1 |
| 3 bedroom | 1 |
| 4+ bedroom | 2 |
| Category | Number of listings for rent |
|---|---|
| < 30 m² apartments | 1 |
| 30-40 m² apartments | 0 |
| 40-50 m² apartments | 0 |
| 50-60 m² apartments | 0 |
| 60-70 m² apartments | 2 |
| 70-80 m² apartments | 0 |
| 80-90 m² apartments | 0 |
| 90-100 m² apartments | 0 |
| 100-110 m² apartments | 0 |
| 110-120 m² apartments | 0 |
| 120-130 m² apartments | 0 |
| 130-140 m² apartments | 1 |
| 140-150 m² apartments | 1 |
Market Trends
Top submarkets
Potential annual revenue
Studio
2 bedroom
3 bedroom
4+ bedroom
Median Sale Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €35k | €55k | €67.5k | €100k |
| July | €35k | €55k | €65k | €99k |
| August | €35k | €55k | €60k | €95k |
| September | €60k | €55k | €60k | €95k |
| October | €60k | €61.5k | €58k | €95k |
| November | €35k | €61.5k | €58k | €98k |
| December | €35k | €61.5k | €60k | €110k |
| January | €28.5k | €61.5k | €60k | €110k |
| February | €35k | €61.5k | €61.5k | €110k |
| March | €33.5k | €69k | €65k | €105k |
| April | €55k | €69k | €75k | €105k |
| May | €35k | €66.5k | €75k | €99.5k |
Median Rent Price
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €400 | €540 | €300 | -- |
| July | -- | €540 | €300 | €500 |
| August | -- | €540 | €340 | €500 |
| September | -- | €540 | €340 | €500 |
| October | -- | €540 | €330 | €500 |
| November | -- | €540 | €330 | €430 |
| December | -- | €540 | €330 | €430 |
| January | -- | €540 | €330 | €430 |
| February | -- | €540 | €330 | €430 |
| March | -- | €580 | €330 | €430 |
| April | -- | €580 | €330 | €430 |
| May | -- | €580 | €330 | €430 |
Years to profit (sale to rent ratio)
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | 7.29 | 8.49 | 18.75 | -- |
| July | -- | 8.49 | 18.06 | 16.5 |
| August | -- | 8.49 | 14.71 | 15.83 |
| September | -- | 8.49 | 14.71 | 15.83 |
| October | -- | 9.49 | 14.65 | 15.83 |
| November | -- | 9.49 | 14.65 | 19.22 |
| December | -- | 9.49 | 15.15 | 21.57 |
| January | -- | 9.49 | 15.15 | 21.57 |
| February | -- | 9.49 | 15.53 | 21.57 |
| March | -- | 9.91 | 16.41 | 20.59 |
| April | -- | 9.91 | 18.94 | 20.59 |
| May | -- | 9.55 | 18.94 | 19.51 |
Square meter cost
| Month | 1 bedroom | 2 bedroom | 3 bedroom | 4+ bedroom |
|---|---|---|---|---|
| June | €350 | €790 | €740 | €770 |
| July | €350 | €790 | €710 | €760 |
| August | €350 | €790 | €670 | €760 |
| September | €500 | €790 | €670 | €780 |
| October | €500 | €880 | €640 | €770 |
| November | €350 | €880 | €640 | €780 |
| December | €350 | €880 | €670 | €850 |
| January | €380 | €880 | €670 | €850 |
| February | €350 | €880 | €680 | €850 |
| March | €450 | €1,000 | €720 | €810 |
| April | €700 | €1,000 | €830 | €780 |
| May | €600 | €1,160 | €750 | €770 |
Investment Insights by Districts
All | 6.93 % | 86 | 5 | €82,000 | €450 |
Studio | -- % | -- | 1 | -- | €450 |
1 Bedroom | -- % | 5 | -- | €35,000 | -- |
2 Bedrooms | 10.47 % | 10 | 1 | €66,500 | €580 |
3 Bedrooms | 5.28 % | 21 | 1 | €75,000 | €330 |
4+ Bedrooms | 5.13 % | 50 | 2 | €99,500 | €430 |
Summary and Key Takeaways
With a median rental yield of 6.93% and property prices starting at €35,000, Palazzolo Acreide
may become a good investment option for some investors.
Median property prices in Palazzolo Acreide are €82,000, while the median rent is €450. This means that a median property in Palazzolo Acreide will pay for itself in 15.2 years.
Detailed real estate yield breakdown:
A median Studio apartment: --% yield, sale price --, rent €450.
A median 1-bedroom apartment: --% yield, sale price €35,000, rent --.
A median 2-bedroom apartment: 10.47% yield, sale price €66,500, rent €580.
A median 3-bedroom apartment: 5.28% yield, sale price €75,000, rent €330.
A median 4+ bedroom apartment: 5.13% yield, sale price €99,500, rent €430.
Where exactly to buy the property?