World's Smallest Compact Apartment Sells for £43,000
Amanda Chang — October 7, 2010 — World
References: telegraph & bornrich.org
The world's smallest compact apartment located in Central Rome is now selling for £43,000 (approximately $68,490). Noted as being a former porter's closet, this mini apartment is only 55 square feet.
Located on the Piazza di Sant' Ignazio, Italy, the world's smallest compact apartment only features a sink, lavatory and shower, with a ladder that will lead up to a single-bedded bedroom. Check out the featured gallery to get a glimpse of this super small apartment.
Implications - This apartment is proof that size does not in fact matter. Though the world's smallest apartment has been described as little bigger than a wigwam, the exceptionally high price point showcases the value in a homey charm. The apartment is catered to the Italian lifestyle, which values quality over unnecessary extravagance.
Located on the Piazza di Sant' Ignazio, Italy, the world's smallest compact apartment only features a sink, lavatory and shower, with a ladder that will lead up to a single-bedded bedroom. Check out the featured gallery to get a glimpse of this super small apartment.
Implications - This apartment is proof that size does not in fact matter. Though the world's smallest apartment has been described as little bigger than a wigwam, the exceptionally high price point showcases the value in a homey charm. The apartment is catered to the Italian lifestyle, which values quality over unnecessary extravagance.
Trend Themes
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Small Living Spaces — The trend of compact and minimalist living spaces is growing, as demonstrated by the popularity and high price point of the world's smallest compact apartment.
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Value in Simplicity — This apartment highlights the disruptive innovation opportunity of creating homes that prioritize quality and charm over size and extravagance.
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Italian Lifestyle Influence — The Italian lifestyle's emphasis on quality and appreciation for the simple things in life can inspire innovative designs and layouts for small living spaces.
Industry Implications
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Real Estate — The real estate industry could explore the demand for small living spaces and invest in developing compact and well-designed apartments.
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Interior Design — The interior design industry has an opportunity to create innovative solutions for maximizing space and functionality in small living spaces.
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Home Construction — Home construction companies can tap into the trend of compact living and develop affordable, yet well-designed small homes that cater to the minimalist lifestyle.
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