New real estate market trend at Lake Balaton: tiny houses! – PHOTOS

More and more mini houses, commonly known as “tiny houses”, are appearing on plots of land on the shores of Lake Balaton. These small structures are legally considered vehicles, and they can even be ordered from China.

The new real estate trend: tiny houses

An increasing number of mini-houses, or “tiny houses”, are appearing on plots of land on the shores of Lake Balaton. This situation is prompting the authorities to ponder. These small structures are legally considered vehicles, they can even be ordered from China. The local contractor who specialises in them says the building authority cannot interfere with their installation, napi.hu reports.

Norbert Izrael, the owner of Pop Tiny House, burst into the business world in 2021 on his show Among the Sharks (Cápák között, the Hungarian version of Shark Tank in the US). Since then, he has increased his investment by HUF 40 million and launched the tiny house movement in Hungary, Szeretlek Magyarország writes.

According to Mr Izrael, he built his first mini house for himself, then started to build for others. He opened his factory first in Budapest and later in Vác, where he has 12 employees and is continuously producing houses. They are working on four tiny houses at a time.

How much do these tiny houses cost?

The entrepreneur warns everyone not to think that HUF 10 million can buy such a mini-cabin.

“Now, for example, we are making a double house for a young couple. They are going to live in it with two children, it will be in a small village near Győr. They didn’t have HUF 100 million, but they will spend HUF 50 million on land and a tiny house, and they will have a house with a floor area of 50 square metres, with a couple of 10 square metres of gallery,”

he says, outlining the financials.

How much times does it take to build one?

A custom tiny house can be completed in up to 6-9 months from order. However, the company has two model buildings, a 6.6-metre and a 7.7-metre one, which can be completed in around three months.

What is more, you can even order a tiny house from China online. For example, a 20-square-metre “Luxury” fantasy structure is advertised for HUF 7,300,000, with delivery in Hungary in 2.5 months.