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Prestigious Office Investment Opportunity

Office, Buy | Italy, Sicily, Palermo, PALERMO
Asking price-Icon
1,100,000 EUR
Approx. 1,328,771 USD
Asking price
Total Surface Area-Icon
3,821.19 sqft
Total Surface Area
Asking price-Icon
1,100,000 EUR
Approx. 1,328,771 USD
Asking price

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What you should know about this property

Amenities and special features of this property

The investment opportunity that we would like to present is a Business Center, located on the first floor of an office building.
The property is renovated and completed with the latest generation of technological facilities and equipment .
From the ground floor, two lifts take visitors inside the office, as well as the condominium staircase. The internal space is spread over two corridors, along which there are 15 offices, about 13 to 20 sqm each, a meeting room, of about 37 sqm, and 4 bathrooms (2 for each corridor), as well as a small reception of about 18 sqm.
The building is completed by 2 terraces: one for exclusive internal use, of about 55 sqm, and one of about 260 sqm that can be used for events.

The property is fully income-generating. At the moment there are 14 highly referenced tenants and the monthly Rentroll amounts to € 6,650.00, ensuring a 7.25% annual return.
However, we believe that the potential monthly rental amount can grow by approximately 86% per year, reaching a total annual fee of € 148,200.00.


Floor plans for this property

PALERMO: Location and surroundings of this property

The property is located in a central area of ​​Palermo, near the main streets of the city.

The location is characterized by the presence of numerous private professional and public offices, as well as being a purely residential area.

The building is located 30 km from the International Airport, 3 km from the highway, 1 km from the Port of Palermo and 3 km from the city center.

Contact your personal advisor
Engel & Völkers
  • Deux Real Estate s.r.l.
  • License partner of Engel&Völkers Commercial GmbH
  • Team Commercial
  • Via Teramo 9
  • 95172 Catania · Italy
  • Phone: +39 095 7221364
Deux Real Estate s.r.l
Viale XX Settembre 28, 95128 Catania
+39 095 7221364

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