Property Description

Prestigious, recently renovated project – Last apartment for sale – in the historic center of Palermo

In the lively and colorful heart of Palermo, just behind the city’s main pedestrian street, the new Torre Maqueda apartments for sale in Palermo offer comfort, style, and an unbeatable location in the heart of one of Europe’s most exciting cities.

Along the bustling Via Maqueda, from the fabulous symphony hall of the Teatro Politeama and trendy boutiques to the north to the city’s majestic Central Station to the south, the sights and smells of restaurants, bars, and colorful shop windows are a delight for the senses. On Sunday evenings in summer, it seems as if the whole city gathers here for its ritual stroll. If you want to buy a home in one of Sicily’s great cultural melting pots, this is the perfect opportunity.

The Torre Maqueda complex will be located right in the center of this area, just 200 meters from the Teatro Massimo, considered the opera house with the best acoustics in Europe, and 300 meters from the famous Quattro Canti intersection, where the four districts of the historic city center meet.

This is Palermo at its best, growing and rapidly modernizing: social, spontaneous, artistic. And at Torre Maqueda, you have the rare opportunity to purchase a one-bedroom apartment without the difficulties associated with renovating old properties.

The available unit: a one-bedroom apartment on the seventh floor. It would be a perfect investment. You can buy it, earn a significant rental income from it, and, of course, stay there whenever you want to visit the center of Palermo.

The work is almost complete and delivery is scheduled for October 2025.

The property

The seventh floor of the building is above the surrounding rooftops and offers truly incredible panoramic views of the historic center of Palermo and the surrounding mountains.

The apartment is long and narrow, approximately 16 m by 3 m, although it has a more interesting shape than a perfect rectangle. However, approximately 50 m² of space will be divided between the bedroom, kitchen, living room, and two bathrooms. This last feature is particularly advantageous for rental use, as it allows four adults to be accommodated at the same time, using the sofa bed in the living room.

The windows are full height with blackout curtains. Light natural wood and mature paint tones accentuate the smooth plastered walls, with parquet flooring and a bedroom in a luxurious deep purple. The bathrooms will be comfortable, with large, accessible walk-in showers and porcelain sanitary ware.

The furniture will be supplied by the Palermo store of high-end homeware manufacturer Longho. A particular highlight will be the innovative and varied lighting design, which uses spotlights, uplights, and bar lights to subtly direct attention and ensure even and consistent coverage.

The apartments will be energy class A, equipped with their own independent heating system, energy-efficient windows, and a modern boiler.Outside, a private courtyard will be furnished for the exclusive use of residents. And still on the subject of outdoor spaces, the top-floor apartment boasts a real gem: a spacious terrace with a roof garden, offering stunning views of the center of Palermo and the surrounding mountains.

Surroundings

The location of Torre Maqueda could not be more central and convenient. The complex takes its name from the famous Via Maqueda, just a few meters from its front door. Here you will find all kinds of shops, fabulous restaurants, mouth-watering street food, trendy bars, great music, art, entertainment, and family life: in short, all the best that Sicily has to offer.

In the past, this building was a factory that produced clothes and fabrics. The area was, in fact, something of a commercial hub, and along Via Sant’Agostino there are still a few small shops selling quality fabrics at good prices to local tailors and seamstresses.

The scents and colors of the Capo market come to life, literally and metaphorically, just a couple of streets away from the apartment. The other two members of the famous trio of souk-like shopping districts, Vucciria and Ballarò, are also not far away.

The UNESCO-protected architecture of the unique Arab-Norman cathedral is only 700 meters away, a ten-minute walk. The beautiful new marina, with dancing fountains and excellent restaurants, is only a fifteen-minute walk away. The same goes for the exclusive shops on Via Libertà, including Dolce & Gabbana, Prada, and Gucci.

The beautiful Palermo Centrale railway station, dating back to the beginning of the century, is a similar distance away, with trains running regularly to Messina, Catania, and Cefalù, as well as to the main cities of the Italian peninsula: Naples, Rome, and Milan. It is also possible to cross the Tyrrhenian Sea by boat from the city’s port. Falcone-Borsellino International Airport is easily accessible in 40 minutes by bus, train, or car.

Given their location, these are sure to be some of the best apartments for sale in Palermo.

Potential

Needless to say, with a total, no-expense-spared restoration underway at Torre Maqueda as you read these lines, no investment will be necessary to renovate your new apartment. Remember that it will also be sold furnished.

Palermo is a growing tourist market and is also becoming a hotspot for digital nomads. If you are interested in purchasing this unit as a pure investment, our sister company Solemar Sicilia is a thriving agency with decades of experience in helping high-end travelers find luxury apartments in Sicily. They believe that a property of this caliber can yield up to €30,000 per year.

Not only will they take care of all the practicalities of managing rental properties (organizing check-ins and check-outs, hiring cleaners, taking responsibility for maintenance and paperwork), but they will also apply for a vacation rental license for any buyer who requests this service, at no extra cost.

If you are able to transfer your tax residence to Sicily following the purchase of the property, you will find yourself in an extremely advantageous tax position. Please do not hesitate to ask for more details about the financial opportunities or any other information about these exciting new apartments for sale in the historic center of Palermo.