Expertise Re Adds Two New Income-Producing Properties in Sicily

Two new real estate investment opportunities have been added to Expertise Re’s portfolio: two commercial properties currently let to a leading national banking institution and used as bank branches, located respectively in Ferla, in the province of Syracuse, and Monforte San Giorgio, in the province of Messina.

Both opportunities offer a particularly attractive feature for investors: a gross annual yield of approximately 10%, combined with a nationally established tenant and a relatively accessible investment amount.

Ferla (Syracuse) – 148 Via Umberto I

In the centre of Ferla, Expertise Re is offering for sale an income-producing commercial property currently used as a bank branch.

The property is located at 148 Via Umberto I, within the distinctive setting of Ferla’s historic town centre. According to the listing, it has a total area of approximately 130 sqm, four shopfronts and an internal layout designed for banking operations. The asking price is €52,000.

The existing lease, the presence of a nationally established banking tenant and a gross annual yield of approximately 10% make this property particularly suitable for investors seeking an asset that already generates rental income with a very accessible entry price.

View the income-producing property in Ferla

Monforte San Giorgio (Messina) – 1/L Viale Regione Siciliana

The second property is a commercial unit located in Monforte San Giorgio Marina, at 1/L Viale Regione Siciliana. It is also let to a leading banking institution and used as a bank branch.

The property is situated on the ground floor and benefits from several shopfronts and direct street access. It forms part of an established mixed residential and commercial area.

Its location within the Tyrrhenian coastal area of the province of Messina is particularly noteworthy. The property is close to the SS 113 road and the Giammoro industrial and business district, approximately 11 km from Milazzo and 25 km from Messina. The asking price is €87,000.

Here too, the combination of an existing lease, a well-established tenant and a gross annual yield of approximately 10% represents an attractive proposition for investors seeking an immediately income-producing property.

View the income-producing property in Monforte San Giorgio

Income-Producing Properties: Expertise Re’s Specialist Focus

These two new instructions confirm Expertise Re’s activity in the income-producing real estate sector, with a particular focus on commercial assets let to corporate tenants and offering potentially attractive relationships between purchase price, rental income and tenant quality.

In this case, the gross annual yield of approximately 10% and the relatively low value of the two investments provide access to properties let to a leading national operator for purchase prices of €52,000 and €87,000 respectively.

Expertise Re assists property owners and investors with the valuation, marketing, acquisition and disposal of income-producing properties, identifying sales strategies consistent with the characteristics of each asset, the strength of the lease and the profile of potential buyers.