Palermo · Historic centre · Ballarò
A 17th-century palazzo with an approved project for 12 apartments
12 apartments
3 terraces
From €118,000
September 2026
The opportunity
12
apartments for sale
3
units with a private terrace
3.97
metres: maximum ceiling height
Compact units on the first floor, two-level units on the second, a penthouse on the third. Prices from €118,000 to €268,500.
Collegio di Maria al Carmine · Palermo
Location
The building stands in the Albergheria, one of Palermo's four historic quarters, inside the Ballarò market and a short walk from the Carmine Maggiore church and its majolica dome.
Via Collegio di Maria al Carmine 5 · entrance from Via Chiappara al Carmine 53/55
Ballarò
Albergheria
Carmine Maggiore
Carmine dome
Ballarò market
Collegio di Maria al Carmine · Palermo
The historic centre on foot
2 min
Carmine Maggiore church
6 min
Central station
10 min
Quattro Canti and Pretoria Fountain
13 min
Cathedral
14 min
Norman Palace and Palatine Chapel
17 min
Palazzo Steri, University rectorate
20 min
Teatro Massimo
23 min
University campus on Viale delle Scienze
Approximate walking times from the entrance at Via Chiappara al Carmine 53/55.
Collegio di Maria al Carmine · Palermo
Outside and in
Today the interiors need a full renovation. The project preserves the building's character, with high ceilings, French windows onto the balconies and period cornices, and pairs it with exposed beams and contemporary finishes.
Façade and interiors: indicative renderings.
Interior rendering
The façade
As it is today
The project
The restoration and subdivision project has already been approved.
Six on the first floor, one of them on two levels, five on the second and a penthouse on the third.
Included in the project, next to the central stairwell.
3.40 m in the main rooms, up to 3.97 m on the first floor.
Via Collegio di Maria al Carmine 5 · entrance from Via Chiappara al Carmine 53/55
Collegio di Maria al Carmine · Palermo
Overview
Entrance hall, stairs and lift

Ground floor
Entrance from Via Chiappara al Carmine 53/55

First floor
Six units around the stairs and lift

Second floor
Five units and the penthouse entrance
Collegio di Maria al Carmine · Palermo
The project

Via Collegio di Maria al Carmine

Via Chiappara al Carmine

Via delle Pergole
The façades on three streets keep their historic balconies, cornices and openings.
Collegio di Maria al Carmine · Palermo
The project

Section 1

Section 2
From the ground floor to the penthouse: ceiling heights, stairs and the levels of the two-storey units.
Collegio di Maria al Carmine · Palermo
Two investment profiles
6 units
First floor · 51 to 84 sq m
Studios and one-bedroom flats, one of them on two levels. Prices from €118,000 to €205,500.
6 units
Second floor and penthouse · 76 to 103 sq m
Four two-level units, three with a terrace, and a penthouse on the third floor. Prices from €197,000 to €268,500.
Collegio di Maria al Carmine · Palermo
The units
| Unit | Type | sq m | Price |
|---|---|---|---|
| A | One-bedroom | 59.57 | €140,000 |
| B | Two-level one-bedroom | 66.46 | €159,500 |
| D | One-bedroom | 70.88 | €173,500 |
| E | One-bedroom on courtyard | 51.25 | €118,000 |
| F | One-bedroom | 60.05 | €147,000 |
| G | Studio | 83.78 | €205,500 |
| Unit | Type | sq m | Price |
|---|---|---|---|
| I | One-bedroom with terrace | 75.87 | €197,000 |
| L | Two-bedroom with terrace | 103.37 | €268,500 |
| M | One-bedroom with terrace | 79.18 | €205,500 |
| N | Two-level one-bedroom | 84.35 | €211,000 |
| O | Studio | 78.76 | €197,000 |
| P | Penthouse | 76.97 | €200,000 |
Renovation tax deduction estimated at 30% of the spending on common-area and interior works, recovered in ten yearly instalments by taxpayers liable to Italian income tax (IRPEF). Indicative amount, subject to legal requirements: check with your tax adviser.
Collegio di Maria al Carmine · Palermo
Price list
Property
Common parts
Private parts
Fees and charges
A · One-bedroom
€140,000
B · Two-level one-bedroom
€159,500
D · One-bedroom
€173,500
E · One-bedroom on courtyard
€118,000
F · One-bedroom
€147,000
G · Studio
€205,500
I · One-bedroom with terrace
€197,000
L · Two-bedroom with terrace
€268,500
M · One-bedroom with terrace
€205,500
N · Two-level one-bedroom
€211,000
O · Studio
€197,000
P · Penthouse
€200,000
Collegio di Maria al Carmine · Palermo
Six units
51 to 84 sq m · prices from €118,000 to €205,500
First floor · Via Chiappara al Carmine
59.57 sq m
saleable area
Floor
First
Ceiling
3.40 m
Outdoors
2 balconies
Price breakdown
Property share
€44,900
Works, common parts
€54,100
Works, apartment
€28,900
Technical fees
€6,000
Charges and taxes
€6,100
Total
€140,000
30% tax deduction (10 yrs)
€24,900

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Created by merging two studios: kitchen-living room and bedroom with a balcony on Via Chiappara, bathroom and utility room.
A
€140,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
First and second floor · Via Chiappara al Carmine
66.46 sq m
saleable area
Floors
First and second
Ceilings
2.82 and 2.70 m
Outdoors
2 balconies
Price breakdown
Property share
€53,300
Works, common parts
€60,400
Works, apartment
€32,300
Technical fees
€6,700
Charges and taxes
€6,800
Total
€159,500
30% tax deduction (10 yrs)
€27,810

First floor
Second floor
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Bedroom and bathroom on the first floor, a 22 sq m kitchen-living room on the second, linked by an internal staircase.
B
€159,500
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
First floor · Via Collegio and Via Chiappara
70.88 sq m
saleable area
Floor
First
Ceiling
3.40 m
Outdoors
Balconies
Price breakdown
Property share
€60,300
Works, common parts
€64,400
Works, apartment
€34,500
Technical fees
€7,100
Charges and taxes
€7,200
Total
€173,500
30% tax deduction (10 yrs)
€29,670

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A 17.5 sq m kitchen-living room, a bedroom of almost 25 sq m and a bathroom, with views onto two streets.
D
€173,500
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
First floor · Inner courtyard
51.25 sq m
saleable area
Floor
First
Ceiling
3.00 m
Faces
Inner courtyard
Price breakdown
Property share
€36,200
Works, common parts
€46,600
Works, apartment
€24,900
Technical fees
€5,100
Charges and taxes
€5,200
Total
€118,000
30% tax deduction (10 yrs)
€21,450

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Bedroom, separate kitchen, bathroom and storeroom, with windows onto the palazzo's inner courtyard.
E
€118,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
First floor · Via Collegio di Maria al Carmine
60.05 sq m
saleable area
Floor
First
Ceiling
3.97 m
Outdoors
Balconies
Price breakdown
Property share
€51,100
Works, common parts
€54,600
Works, apartment
€29,200
Technical fees
€6,000
Charges and taxes
€6,100
Total
€147,000
30% tax deduction (10 yrs)
€25,140

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A 24 sq m kitchen-living room, double bedroom and bathroom, with ceilings of almost four metres.
F
€147,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
First floor · Via delle Pergole
83.78 sq m
saleable area
Floor
First
Ceiling
3.97 m
Outdoors
Corner balcony
Price breakdown
Property share
€71,800
Works, common parts
€76,100
Works, apartment
€40,700
Technical fees
€8,400
Charges and taxes
€8,500
Total
€205,500
30% tax deduction (10 yrs)
€35,040

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A 45.5 sq m open space with sleeping area, living area and kitchen, bathroom with anteroom.
G
€205,500
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Six units
76 to 103 sq m · prices from €197,000 to €268,500
Second floor · Via Chiappara al Carmine
75.87 sq m
saleable area
Floor
Second, 2 levels
Ceilings
3.20–3.40 m
Terrace
11.70 sq m
Price breakdown
Property share
€75,900
Works, common parts
€68,900
Works, apartment
€36,900
Technical fees
€7,600
Charges and taxes
€7,700
Total
€197,000
30% tax deduction (10 yrs)
€31,740

Second floor
Upper level
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Living room, bedroom and bathroom on the main level; kitchen and terrace on the upper level.
I
€197,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Second floor · Via Collegio and Via Chiappara
103.37 sq m
saleable area
Floor
Second, 2 levels
Ceiling
up to 3.40 m
Terrace
11.90 sq m
Price breakdown
Property share
€103,400
Works, common parts
€93,900
Works, apartment
€50,300
Technical fees
€10,400
Charges and taxes
€10,500
Total
€268,500
30% tax deduction (10 yrs)
€43,260

Second floor
Upper level
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Kitchen-living room, bedroom and bathroom on the main level; above, a second attic bedroom and the terrace.
L
€268,500
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Second floor · Inner courtyard
79.18 sq m
saleable area
Floor
Second, 2 levels
Ceiling
3.40 m
Terrace
21.15 sq m
Price breakdown
Property share
€79,000
Works, common parts
€71,900
Works, apartment
€38,500
Technical fees
€8,000
Charges and taxes
€8,100
Total
€205,500
30% tax deduction (10 yrs)
€33,120

Second floor
Upper level
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
Living room, bedroom and bathroom on the main level; up a spiral staircase, kitchen and terrace.
M
€205,500
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Second floor · Via Collegio di Maria al Carmine
84.35 sq m
saleable area
Floor
Second, 2 levels
Ceiling
3.40 m
Outdoors
Balconies
Price breakdown
Property share
€76,200
Works, common parts
€76,700
Works, apartment
€41,000
Technical fees
€8,500
Charges and taxes
€8,600
Total
€211,000
30% tax deduction (10 yrs)
€35,310

Second floor
Upper level
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A 24 sq m kitchen-living room, bedroom and bathroom; an attic room on the upper level.
N
€211,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Second floor · Corner of Via delle Pergole
78.76 sq m
saleable area
Floor
Second
Ceiling
3.40 m
Outdoors
Balconies
Price breakdown
Property share
€71,200
Works, common parts
€71,600
Works, apartment
€38,300
Technical fees
€7,900
Charges and taxes
€8,000
Total
€197,000
30% tax deduction (10 yrs)
€32,970

Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A single 37 sq m room on the corner of two streets, with bathroom and service rooms.
O
€197,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Third floor · Via delle Pergole
76.97 sq m
saleable area
Floor
Third
Entrance
On the second floor
Faces
Via delle Pergole
Price breakdown
Property share
€77,100
Works, common parts
€69,900
Works, apartment
€37,400
Technical fees
€7,800
Charges and taxes
€7,800
Total
€200,000
30% tax deduction (10 yrs)
€32,190

Third floor
Entrance on the second floor
Living
Bedroom
Bathroom
Kitchen
Utility
Terrace
A genuine tower, quite unique of its kind: a 43 sq m open space with bathroom at the top of the palazzo and a private entrance from the second floor.
P
€200,000
Collegio di Maria al Carmine · Palermo
Plans from the project drawings · furniture indicative
Owner
Colonna srls
September 2026