First Self-Storage Facility Opens in Budapest

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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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