Palermo
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Recent
Aspect | Summary |
---|---|
Population | 1,250,000 |
Average Property Price | €2,500 per square meter |
Rental Yield | 5.5% |
Average Rent | €800 per month |
Occupancy Rate | 85% |
Capital Growth Rate | 3% per annum |
Property Tax | 0.76% of property value |
Transaction Costs | 7-10% of purchase price |
Expected ROI | 7% per annum |
Economic Growth Impact | Moderate positive impact projected |