Apartment in Palermo with rental income, Yaro and U.S. Embassy corner

Features:

• Good natural light and functional layout
• Renovated kitchen with thermofusion piping
• Bathroom with thermofusion piping and period finishes
• Third floor, stairs only
• Rooftop in excellent condition
• Building façade painted approximately two years ago

Rental:

• Currently rented for $20,000 with a BHU guarantee
• Fixed-term contract in effect for 6 months
• At the end of the contract, it has the potential to rent for around $25,000 per month

Expenses and taxes:

• Common expenses: approximately $1,000
• Reserve fund: approximately $800
• Property tax: around $11,000 per year

The property combines location, improvements already made, and potential for appreciation, ideal for someone seeking a clear, concrete investment.