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.