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First Self-Storage Facility Opens in Budapest


Euro Mini Storage opened this week in Budapest, Hungary. The facility is the first of its kind in the city.

The units range in size from 1 to 27 square meters. Monthly rental rates range from $31 to $354. The company invested $9.5 million to develop the property, and expects the occupancy to reach 85 percent within three to four years as the self-storage market matures.

The self-storage company plans to open four more facilities in Budapest in the next three years.

Source:  Budapest Business Journal,  Self Storage Facility Opened in Budapest

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