• 5 Rooms

• 1 Bathroom

• 55 m²

• 5th

Torre Maqueda Apartments – Newly Renovated Prestige Apartments for Sale in Palermo's Historic Old Town

Overview

In the colourful and thriving heart of Palermo, right behind the city's main pedestrianised thoroughfare, the Torre Maqueda Apartments for sale in Palermo offer comfort, style and an unbeatable position in the midst of one of Europe's most exciting cities.

All along the bustling Via Maqueda, from the fabulous symphony hall of the Teatro Politeama and the fashionable boutiques to the north to the city's impressive Centrale station in the south, the sights and smells of restaurants, bars and colourful shop windows are a delight for the senses. On Sunday evenings in summer it feels as though the whole city meets here, for the ritual stroll known as the passeggiata. If you want to buy a home in one of Sicily's great cultural melting pots, this is a perfect opportunity.

The Torre Maqueda development rises right out of the centre of this vibrant district, just 200m from the Teatro Massimo opera house, said to be the most acoustically perfect in Europe, and 300m from the famous Quattro Canti junction where the four districts of the city's old town come together.

This is a growing and rapidly modernising Palermo at its very best: social, spontaneous, artistic. In Torre Maqueda you have a rare chance to buy a two-bedroom apartment without any of the challenges of renovating old real estate. The new apartment will be sold in perfect, pristine condition, totally renovated and complete with all furniture and fittings.

The Property

The remaining apartment for sale measures 55 square metres, with two bedrooms and one bathroom, as well as a kitchen–living area.

The apartment will have full-length, double-glazed windows and blackout curtains. Light natural wood and mature paint tones will accent the smooth plaster walls, while a mix of easy-clean tiles and parquet floors will be used underfoot. The bathrooms will be spacious, with large, accessible flat-tray showers and porcelain hygiene suites.

The furniture will be supplied by the Palermo outlet of the high-end homeware manufacturer Longho. A particular strength will be an innovative and varied lighting design, using spots, uplighting and bar lights to gently direct attention and ensure a smooth, uniform coverage.

The kitchens will be open, leading into the living rooms, which will be furnished with large televisions and comfortable sofa beds, expanding the sleeping capacity of the homes.

The flats will be in energy class C. They will be served by independent heating systems, energy-efficient windows and a modern water boiler.

Outside, a private courtyard will be furnished for the exclusive use of residents.

Surroundings

The location of Torre Maqueda could not be any more central or convenient. The development takes its name from the famous Via Maqueda, just metres from its front door. You'll find all manner of shops, some fabulous restaurants, mouthwatering street food, popular bars, great music, art, pageantry and family life here – in short, all the best things that Sicily has to offer.

In the past, this building was a factory producing clothing and fabrics. The area was, in fact, a bit of a hub for the trade, and along Via Sant'Agostino there are still a few small shops selling quality fabric at a good price to local tailors and seamstresses.

The sights and smells of the Capo street market begin to gather steam, literally and metaphorically, just a couple of streets behind the apartment. Neither of the other members of the famous trio of sprawling, souk-like shopping districts – the Vucciria and the Ballarò – are far away either.

The UNESCO-protected architecture of the city's unique Arab-Norman cathedral is just 700m away, reachable in ten minutes. The stunning brand new marina, complete with dancing fountains and some great dining options, needs just a fifteen minute walk. So too do the exclusive shops of Via Libertà, including Dolce & Gabbana, Prada and Gucci.

The beautiful turn-of-the-century Palermo Centrale railway station is a similar distance away, with trains leaving regularly for Messina, Catania and Cefalù, but also the major cities of the Italian mainland – Naples, Rome and Milan. You can also cross the Tyrrhenian Sea by boat from the city's port. The Falcone-Borsellino international airport is an easy 40 minute journey by bus, rail or car.

For location, these will certainly be some of the best apartments for sale in Palermo.

Potential

Needless to say, with a total, no-expense-spared restoration underway in Torre Maqueda even as you read this, there will be no investment needed to upgrade your new apartment. Remember that it will even be sold furnished.

Palermo is a growing tourist market and also becoming a hotspot for digital nomads. If you would be interested in buying one or more of these units as a pure investment, our sister company Solemar Sicilia is a thriving agency with decades of experience helping high-class travellers find luxury apartments in Sicily. They believe that these properties will yield about €20,000 per year.

Not only can they take care of all the practical tasks of rental property management (organising check-ins and check-outs, hiring cleaners, taking responsibility for maintenance and bureaucratic tasks), they will also apply for a holiday home licence for each purchaser who requests this service – at no cost to you.

If you are in a position to transfer your financial residence to Sicily on the back of your real estate purchase, you will find yourself in an extremely advantageous tax position. Please don't hesitate to ask for more details on the financial opportunities or any other detail of these exciting new apartments for sale in Palermo's historic old town.