Property Abroad
Blog
Why Sicily is the perfect place to buy real estate.

Why Sicily is the perfect place to buy real estate.

Why Sicily is the perfect place to buy real estate.

Sicily has been at the center of international market attention. According to the analysis of Century 21 Italia, our island region is one of the most popular among foreign investors to buyreal estate. According to this monster of American real estate, Sicily stands out in Italy in terms of sales transactions and has seen rental prices rise due to the strong interest shown in the Trinacria real estate market. Prices in Sicily remain more attractive compared to other regions of Italy.

Recommended real estate
Buy in Italy for 354797£

Sale flat in Charlotte 460 870,00 $

2 Bedrooms

2 Bathrooms

82 м²

Buy in Italy for 112389£

Sale flat in Brindisi 145 989,00 $

3 Bedrooms

2 Bathrooms

124 м²

Buy in Italy for 130104£

Sale house in Buonconvento 169 001,00 $

2 Bedrooms

63 м²

Buy in Italy for 232994£

Sale flat in Rome 302 652,00 $

2 Bedrooms

2 Bathrooms

107 м²

Buy in Italy for 102220£

Sale flat in Viterbo 132 780,00 $

4 Bedrooms

2 Bathrooms

120 м²

Buy in Italy for 900000€

Sale house in Penne 974 226,00 $

14 Bedrooms

11 Bathrooms

185 м²

"Sicily is one of the most sought-after destinations for international clients, and this is for several reasons,", "Marco Tilesi, CEO and co-founder of Century 21 Italia, comments. - First of all, it is the unique beauty of the place.And also because in Sicily the recovery in the sale and purchase market is slower than in the rest of Italy, while rental prices are rising, making renting for real estate buyers a very profitable investment. "

Actually, while sale transaction prices in the rest of Italy rose by 2.3% in the last year, in Sicily property sale prices rose by only 0.9%, while rental prices, especially in Sicily, rose by 8%, a higher rate than in the rest of Italy, leading to an average residential property yield of 8.5% (the highest in the last 10 years).

- "In addition, Sicily is an area that responds very well to new real estate opportunities. "

The provinces performing best include Siracusa and Trapani, as well as individual cities with their own market, such as Noto.

Comment