Worldwide, there is a growing demand for nano housing — apartments with an area of less than 30 m². Despite the small size of such a property, the sales figures are increasing every day. 

The economic instability resulting from the pandemic has also contributed to an increase in demand for small and affordable apartments. Incomes of the population don’t grow, and real estate prices at least remain the same. Moreover, in the conditions of lockdown, some people have an increased need for their own housing. 

The main advantage of nano apartments is their small cost. The owners note that small-sized housing has become the only opportunity for them to purchase their own real estate. 

Another important factor is that in some countries it is easier for foreign citizens to obtain a residence permit if they own real estate. 

The REALTING team checked whether nano housing is really that cheap. Examples of properties and their prices in different countries are given below. 

Belarus
1 room apartment
Kopisca, Belarus
€41,806
1 Rooms 25 m² 1/10 Floor
1 room apartment
Minsk, Belarus
€24,551
1 Rooms 26 m² 13 Floor
1 room apartment
Minsk, Belarus
€42,093
1 Rooms 30 m² 3/5 Floor

Real Estate Agencies: 7 Floors, Dana Astra, Etagi

Lithuania
1 room apartment
Vilnius, Lithuania
€31,900
1 Rooms 12 m² 2/3 Floor
1 room apartment
Vilnius, Lithuania
€69,900
1 Rooms 23 m² 2/4 Floor
1 room apartment
Alytus, Lithuania
€28,000
1 Rooms 24 m² 1/5 Floor

Real Estate Agency: Capital

Russia
1 room apartment
Sochi, Russia
€37,461
1 Rooms 15 m² 4/5 Floor
1 room apartment
Sochi, Russia
€54,890
1 Rooms 25 m² 2/7 Floor
Apartment
Sochi, Russia
€116,666
25 m² Number of floors 3

Real estate Agencies: City Realtor Center, Aventin and Companion LLC, Real Estate in Sochi

Finland
1 bedroom apartment
Northern Finland, Finland
€12,276
1 Rooms 1 Bedrooms 1 bath 24 m² 2 Floor
1 bedroom apartment
Pirkanmaa, Finland
€23,742
1 Rooms 1 Bedrooms 1 bath 24 m² 3 Floor
1 bedroom apartment
Regional State Administrative Agency for Northern Finland, Finland
€124,500
1 Rooms 1 Bedrooms 1 bath 25 m² 3/5 Floor

Real Estate Agencies: Habita International Real Estate Agency, VIPCON LKV

France
1 room apartment
Cannes, France
€61,600
1 Rooms 13 m²
1 room apartment
Paris, France
€313,500
1 Rooms 15 m²
1 room apartment
Paris, France
€218,900
1 Rooms 17 m²

Real Estate Agenc: Paris management group

Montenegro 
Apartment
Sutomore, Montenegro
€40,000
20 m²
Apartment
Becici, Montenegro
€55,000
24 m²

Real Estate Agencies: Westhill Property D.O.O, Monteonline, СММ Investment Consulting Group

Czech Republic

Real Estate Agency: Czech Village s.r.o

Experts say that such type of housing can be a good source of passive income from renting out real estate.

Photo: Envato