Property investment in Parma, Italy
2026 Market Data & Investment Analysis
Gross Yield
6.5%
Annual rent / price
Median Home Price
€192,000
As of 2026-Q1
Median Monthly Rent
€1,040
Per month
Population
198,292
+0.5% / yr (5y avg)
Estimates based on median market data. Actual returns depend on your specific property. Source: Immobiliare.it / ISTAT / Agenzia delle Entrate (OMI), 2026-Q1.
Calculate your rental yield in Parma
Pre-filled with Parma's median values. Adjust to match your specific property.
Property Details
Total acquisition cost before taxes
HOA, insurance, property management
% of time the property is empty
% of purchase price (e.g. 2% = 2)
Rule of thumb: 1% of purchase price/yr
Results
Gross Rental Yield
6.50%
Net Rental Yield
3.93%
Cap Rate
3.93%
Monthly Cash Flow
€628.00
Annual Cash Flow
€7,536.00
Parma rental market at a glance
Median Home Price — 5-Year Trend
Median Monthly Rent — 5-Year Trend
Parma — Italy's food and design capital — combines a strong local economy with a growing university presence, supporting rental yields of 6.5% and historically low vacancy rates.
Parma provides solid rental yields of 6.5%, in line with healthy investment market benchmarks.
Modest population growth of 0.5% per year indicates a stable but slowly growing rental market.
The vacancy rate of 4% is healthy, indicating strong rental demand and limited downtime between tenants.
What type of investment market is Parma?
Parma is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.
✓ Strengths
- •High gross yield of 6.5% supports strong monthly cash flow
- •Lower entry prices relative to rents reduce upfront capital needed
- •Income-driven returns are less dependent on market timing
! Risks
- •Limited price appreciation potential reduces total return
- •Modest population growth limits long-term demand growth
Key Metrics
How does Parma compare to nearby cities?
Parma vs Modena: 0.0 percentage point difference in gross yield.
| City | Median Price | Median Rent | Gross Yield | Pop. Growth |
|---|---|---|---|---|
| Modena | €176,000 | €960 | 6.55% | +0.7% |
| Piacenza | €152,000 | €840 | 6.63% | +0.1% |
| Bologna | €256,000 | €1,320 | 6.19% | +1.2% |
| Reggio Emilia | €168,000 | €920 | 6.57% | +0.8% |
Common questions about investing in Parma
Is rental investing profitable in Parma?▾
What is the average rental yield in Parma?▾
How does Parma compare to Modena for investors?▾
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