Sicily, Palermo, Palermo, Italy

Ref. App. Multi5 - Palermo - A completely renovated fifth floor apartment in central Palermo, Appartamento Multi5 sits next to Sicily's largest transport hub with proven rental income already established. Sold fully furnished with Class A energy efficiency and low running costs.


UNBEATABLE LOCATION FOR INTERNATIONAL BUYERS

This 48m² apartment occupies the fifth floor of a fully renovated building in street right next to Palermo's primary Centrale station. Whether you want to live in or visit Palermo, for sheer connectivity this is impossible to beat. Hourly trains reach Cefalù in under an hour, whilst direct services connect to Naples, Rome and Milan. All airport buses terminate here, with journey times of around 45 minutes.
Nor is getting around the city any challenge once you have arrived. You're within walking distance of all the old town's main attractions, the brand new marina and the main city hospital, but outside the restricted traffic zone (ZTL) that can be hard to navigate. The surrounding La Kalsa quarter has undergone significant regeneration, now featuring independent boutiques, green spaces and quality restaurants.


FULLY FURNISHED WITH LOW RUNNING COSTS

The apartment comes completely furnished and equipped, including all appliances and hot-cold air conditioning in every room. The spacious living area with kitchenette measures around 20m² and opens onto a covered south-east facing terrace. The bedroom spans almost 6m across, providing ample space for furniture.
Residents can use the shared roof terrace with hot tubs and panoramic city and sea views. Monthly condominium fees of €40 keep running costs exceptionally low. The building achieved Class A energy rating during its comprehensive refurbishment, with new windows and efficient climate control throughout.


PROVEN TRACK RECORD OF RENTAL INCOME AND CONVENIENT MANAGEMENT IN PLACE

The property has generated average net income of €11,000 annually over the past four years through short-term rentals, managed professionally by our sister company Solemar Sicilia, alongside over thirty other units in the same block. The arrangement, if you wanted to extend it, would take care of all the logistics of running an AirBnb style property, from advertising to handling check-ins, cleaning and maintenance.
If you want a home that you can use whenever you want to visit Sicily, but which will repay your investment through short-term lettings in your absence, Appartamento Multi5 is hard to beat.