Description

The property

PALERMO – CORSO DEI MILLE 122 | 99 SQM INCOME-PROMOTING APARTMENT We offer for sale a 99 sq m apartment located on Corso dei Mille, a short walk from Palermo Central Station. The property is located on the first floor of a building dating back to the first half of the 20th century, without a lift. The property has a functional distribution of the rooms and is composed of: * entrance; * large hallway; * a bedroom; * large living room; * Kitchen; * bath. The property enjoys an excellent exposure on Corso dei Mille. The apartment is in need of renovation, offering the opportunity to rethink the spaces and enhance the square footage according to your needs. INCOME-PRODUCING PROPERTY The property is being sold leased, with a 3+2 lease agreement with a duly registered flat-rate tax, expiring in July 2028. The current rent is €400 per month, equivalent to €4,800 per year. The strategic location, proximity to Central Station, and the potential for future development make this property particularly attractive for those seeking an income-generating real estate investment. For more information, contact us.

Why buy a two-room apartment in Corso dei Mille

This property presents an excellent opportunity for those seeking a spacious apartment in the vibrant city of Palermo. With a generous 99 square meters, the layout comprises two well-proportioned rooms and a bathroom, providing ample space for comfortable living. The first-floor location offers convenience and accessibility, while the balcony invites fresh air and the possibility of outdoor relaxation. While the apartment is in need of renovation, this presents a unique chance for buyers to personalize the space according to their taste and lifestyle. The potential to transform this property into a dream home is significant, allowing for modern designs and functionalities to be integrated into the layout. Situated on Corso dei Mille, the property benefits from a prime location that connects residents to a wealth of amenities. The surrounding area boasts a variety of services, including shops, restaurants, and local markets, ensuring that daily necessities are within easy reach. Public transport options are readily available, providing seamless connectivity to the rest of the city, making commuting simple and efficient. For families, the proximity to schools and educational institutions adds to the appeal, making it a suitable environment for children and parents alike. Additionally, the nearby green areas offer a perfect retreat for outdoor activities, leisurely walks, or simply enjoying the natural surroundings. Living in this apartment not only offers the chance to create a customized living space but also immerses residents in the lively culture and community spirit that Palermo has to offer. The combination of space, location, and potential for personalization makes this property a compelling choice for anyone looking to invest in the heart of the city.

Amenities

99 m²

2 rooms

1 bathroom

Da Ristrutturare

1 bedroom

Floor 1

Map

Corso Dei Mille, Palermo (Palermo)

Energy Efficiency

F

Energy class F

Mortgage

Calculate your monthly payment

Property value

Mortgage amount

Term (in years)

Down payment

€16,000

Mortgage amount

€64,000

Monthly payment (estimate*)

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Representative example: The figures shown for instalments, interest, principal and duration are estimated by 24MAX as of today on the basis of the reference rates (EURIBOR, ECB, EUROIRS), are to be considered merely indicative and do not constitute an offer from the Notarising Institution. The granting of the mortgage and the proposed terms are subject to the assessment and approval of the disbursing bank based on the client's financial profile. The APR calculation is performed independently by 24MAX according to the criteria set out in the provision on the transparency of banking and financial transactions and services of Banca d'Italia dated 29 July 2009 and subsequent amendments. Under current regulations, the client will receive the documentation on 'Home Loan Information' and the “European Standardised Information Sheet (ESIS)” before signing the contract to review the definitive clauses and conditions of the mortgage; they may also consult the Trasparenza page for information sheets and other banking transparency documents. To identify the financial solution best suited to your needs, please contact one of our consultants.