Mini-Apartments in Hungary Remain Popular

  • 27 Sep 2023 3:34 PM
  • Budapest Business Journal
Mini-Apartments in Hungary Remain Popular
Even in the changed real estate market conditions, mini-apartments with a small floor area of 10 to 20 sqm have not lost their popularity.

These small-floor properties occupy a narrow but all the more significant part of the domestic real estate market, according to Duna House, writes 

Based on this year's sales data of Duna House, 1% of all sales were tied to apartments or houses between 10-20 sqm, similar to last year, 

Depending on location and condition, the square meter of homes with a floor area of 20 sqm or less sold until August this year ranges from 400,000 to HUF 1.7 million in the capital, but in rural areas, you could get a 20 sqm apartment in good condition for as little as HUF 350,000 per sqm.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.