Property Palermo Via Roma., Palermo, Sicily, Italy. - Hero Image
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Property Palermo Via Roma.
Palermo | Sicily

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Exclusive RE Christie's International Real Estate - Viale Bruno Buozzi, Rome
Exclusive RE Christie's International Real Estate - Viale Bruno Buozzi, Rome
Presented At
€14,062,175
Living
53,819
SQM
Property Palermo Via Roma., Palermo, Sicily, Italy. - Photo 1
Property Palermo Via Roma., Palermo, Sicily, Italy. - Photo 2
Property Palermo Via Roma., Palermo, Sicily, Italy. - Photo 3
Property Palermo Via Roma., Palermo, Sicily, Italy. - Photo 4
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Property Palermo Via Roma., Palermo, Sicily, Italy. , Palermo , Sicily

Property Palermo Via Roma.

Christie's International Real Estate Rome Exclusive is pleased to offer for sale in Palermo in the heart of the historic center Palazzo Venezia in Via Roma. In 1912, the Palazzo delle Assicurazioni Generali in Venice was built based on a design by Ernesto Basile. The building is made up as follows:
  • Four floors
  • Two cellar floors
  • An attic floor, in addition to the panoramic terrace All four facades overlook public streets or squares. The main facade on Via Roma is the one most rich in architectural elements of notable workmanship in which the entrance door that leads to the entrance hall stands out in the center and from which the main monumental staircase and the service staircase develop. Each floor has large halls and more regular rooms, overlooking the perimeter of the building. The property develops internally around a central cloister. A concept design was therefore prepared, still under development, with which areas for a wellness center were provided on the basement floors, the hall, restaurant, kitchen and bar, with related services, on the ground floor and on the upper floors n . 42 rooms plus 3 suites. The size of the rooms varies from 22 m2 to 45 m2, those of the suites from 53 m2 to 84 m2. The footprint area of the building is approximately 886 m2. The property is distributed as follows:
  • Cellar and mezzanine floor: 1,256 m2
  • Ground floor and mezzanine: 864 m2

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Map showing Property Palermo Via Roma., Palermo, Sicily, Italy.

Property Location

Property Palermo Via Roma., Palermo, Sicily, Italy., Palermo Sicily

Local Weather & Climate

Palermo, Sicily

Current Conditions Updated recently
62 °F
Scattered clouds
Feels Like 60°F
Humidity 65%
Wind 2 mph
Visibility 6.2 mi
Sunrise 5:30 AM
Sunset 5:05 PM
5-Day Forecast
Sat 7 Mar
Rain
High 62°
Low 55°
Sun 8 Mar
Clear
High 65°
Low 54°
Mon 9 Mar
Clear
High 64°
Low 54°
Tue 10 Mar
Clear
High 62°
Low 53°
Wed 11 Mar
Clouds
High 61°
Low 53°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Palermo?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (Italy)
€0 Est. First Year Interest Deduction
€0 Est. Annual Tax Savings
*Maximum €4,000 interest per year qualifies. Must be primary residence purchased within 12 months of loan.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for Italy. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on Italy tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Market Opinion

Our perspective on current market conditions in Palermo. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 3.5% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $14,062,175 20% down ($2,812,435)

Investment Perspective
$ $ $
$1 → $1.30
Every dollar invested today could become $1.30 in 10 years
$100 → 130 $1,000 → $1,298
+$1,017
$1,017/day
Your home may appreciate while you sleep
$7,141/week $30,944/mo $371,324/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$249K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential -4% advantage over stocks
RENT 💸 -$7.7M
vs
OWN 📈 +$10.1M
$10.1M Potential Equity
vs $7.7M lost to rent over 10 years
$2.8M Down Payment Growth
3.6x
10yr
$10.1M
7.2x
20yr
$20.3M
10.9x
30yr
$30.7M
Wealth Comparison
×73
Equivalent to 73 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $30.7M
Time to Double Your Investment (accounting for market cycles)
60.5
years
Conservative
1.15% effective/yr
17.1
years
Optimistic
4.13% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $15.8M +12%
Market $18.2M +30%
Optimistic $21.1M +50%
$10.1M est. equity
20 Years
Conservative $17.7M +26%
Market $23.7M +68%
Optimistic $31.6M +125%
$20.3M est. equity
30 Years
Conservative $19.8M +41%
Market $30.7M +119%
Optimistic $47.3M +237%
$30.7M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property offers 53,819 square feet of living space.
This property is listed at $1,406,217,500, which equals $26129 per square foot.
Based on current market indicators, Palermo shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a house located in Palermo, Sicily. The property is situated in an established neighborhood with convenient access to local amenities and services.
Exclusive RE Christie's International Real Estate - Viale Bruno Buozzi, Rome

Exclusive RE Christie's International Real Estate - Viale Bruno Buozzi, Rome

Exclusive RE Christie's International Real Estate - Viale Bruno Buozzi, Rome

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