Mini apartments are selling fast in Hungary, even at high prices
Demand for mini apartments remains strong in 2025, especially in the capital and other large cities. These smaller properties are extremely sought after, primarily for investment purposes, and their sales time is significantly shorter than that of larger properties.
According to data from Duna House, the average price per square meter for small apartments between 15 and 30 square meters in Budapest reached HUF 1.4 million (EUR 3,500) in the second quarter of 2025.
The most expensive mini-apartment this year sold for HUF 2.5 million per square meter, which clearly demonstrates the strong demand for premium locations and modern designs among buyers with high purchasing power.
Another example is a 22-square-meter mini-apartment in the 6th district, which is in very good condition and has a modern design, and was sold for HUF 55 million.
The lower segment of the market is characterized by brisk activity: the cheapest mini-apartment sold for HUF 470,000/m2, meaning that a 23-square-meter property in good condition in the 18th district found a new owner for less than HUF 11 million.
“The highest demand for small apartments in Budapest is in districts VI, VII, VIII and XIII,” said Péter Szegő, PR and analysis expert at Duna House. “This is no coincidence, as mini-apartments are mainly purchased by investors, who currently account for 62% of sales. This trend is reinforced by the fact that the average selling time for mini-apartments is significantly shorter than for larger properties: nearly a third of them are sold within two weeks!“
Rural trends: more affordable prices, higher proportion of first-time buyers
In large rural cities, the average price per square meter for mini-apartments is currently HUF 780,000/m2, but the proportion of investment purchases is lower, at 48%, as first-time homebuyers account for a larger share of this segment than in Budapest.
However, there are also some notable transactions in terms of rural prices: the most expensive mini-apartment in the countryside was sold in Kecskemét for HUF 1.2 million per square meter, meaning that a nicely renovated 28-square-meter studio apartment built in 2003 cost more than HUF 33 million.
In contrast, the cheapest rural transaction was an 18-square-meter mini-apartment in good condition in Baja, which found a buyer for HUF 13 million.
Design and functionality
The growing demand for small, energy-efficient, well-located, and modern apartments is primarily driven by the lifestyle expectations of younger generations. In this segment, design and functional layout are not merely aesthetic considerations, but essential factors in terms of livability and market value.
Multifunctional furniture (e.g., beds with storage, folding tables), vertical use of space (e.g., galleries, high shelves), light colors, and clean, minimalist layouts all contribute to the creation of compact yet livable living spaces.
“Real estate developers are also paying increasing attention to this segment: more and more new construction projects are offering mini-apartments that are attractive to both investors and young buyers. In addition, modular homes, such as tiny houses and container homes, are also gaining ground in the domestic market, offering quick and cost-effective housing solutions,” added Péter Szegő.
Read more about the Hungarian property market HERE.