Town-Centre Redevelopment Opportunity in Terrasini, Palermo, Sicily

Terrasini, Palermo, Sicilia, 90049, Italia
For Sale €85,000 - Apartments, Historic Building
TCTE2606 95 sq 2 Bedrooms 1 Bathroom 1 Garage 1942 Year Built

Located on Via Giacomo Matteotti, just a short walk from Corso Vittorio Emanuele in the heart of Terrasini, this property presents an excellent opportunity for renovation, redevelopment, or investment.

Terrasini is one of the most desirable coastal towns in western Sicily, renowned for its vibrant town centre, picturesque seafront, beaches, restaurants, and year-round community. The town enjoys exceptional accessibility, being just 10–15 minutes from Falcone Borsellino Airport, which offers direct connections to major UK and European cities, while the regional capital of Palermo can be reached in approximately 25–30 minutes by car.

The existing building extends to approximately 95 m² over two levels and benefits from a central location within walking distance of shops, cafés, restaurants, and all local amenities.

Existing Property
  • Approximately 95 m²
  • Arranged over two floors
  • Character features and period details
  • Traditional town-centre setting
  • Walking distance to amenities and services

The building may appeal to buyers seeking a restoration project that preserves the charm and character of a traditional Sicilian property.

Development Potential

A key advantage of the property is the flexibility it offers:

  • Renovate and preserve the existing structure, or
  • Demolish and reconstruct a new building

Subject to the necessary approvals, redevelopment could allow for:

  • Three floors above ground
  • Approximately 42 m² per floor
  • Exclusive panoramic roof terrace
  • Total internal area of approximately 126 m² plus outdoor terrace space

The property is located within Zone B, offering attractive redevelopment potential in an established urban setting.

Potential Uses

The property could be transformed into:

  • A stylish town-centre residence
  • Holiday home
  • Boutique holiday rental property
  • Small guesthouse
  • Buy-renovate-resell investment
  • Long-term rental investment
Key Features
  • Prime central location
  • Walking distance to the beach, town centre, and amenities
  • Character architectural details
  • Redevelopment flexibility
  • Potential panoramic roof terrace
  • Strong tourism appeal
  • Close to Palermo International Airport
  • Excellent access to Palermo and western Sicily
Investment Opportunity

Combining a highly desirable location with significant redevelopment potential, this property represents an attractive opportunity for investors, developers, or buyers looking to create a bespoke home in one of Sicily’s most accessible and sought-after coastal towns. Its proximity to the beach, the historic centre, Palermo, and the international airport makes it particularly appealing for both residential and tourism-related projects.

‘The Dolce Vita’ is your one-stop shop for all your Sicilian property buying requirements.

We have a selection of apartments and villas in all areas of Sicily to meet your personal tastes and budget. We are not agents ourselves, but work closely with a number of government accredited local Sicilian estate agents.

We provide our professional services including ‘Find a Property’, negotiation and bi-lingual language support at no additional cost to what any buyer would have to pay a local agent when purchasing a property in Italy.

In effect, our customer focused, friendly and efficient bi-lingual service is free.

Additional Details

  • Palermo International Airport: 11 kms
  • ISTAT: 082071

Features

Location