Ikea Japan is renting out a tiny 107-square-foot apartment for only 99 yen (65p) per month.
The iconic Swedish company announced its Tiny Homes project earlier this week, which will see the tiny flat leased out for an equally tiny price on a short-term basis until January 2023.
The apartment is in a prime location, in the middle of the popular Shinkuju district in Tokyo, only a stone's throw away from the famous Shinkuju Station and the surrounding business district and nightlife.
The very cheapest rooms in the area typically go for upwards of 49,000 yen (£320), so despite its small size, it still appears to be a bargain.
Metro reports that the split-level flat will be kitted out with Ikea furniture, with a kitchenette and a bathroom as you walk in and a loft-style sleeping area accessed through the use of a ladder.
There’s also room for a washing machine and a fridge, with a foldable table and adjustable shelves offering more surface and storage space, but renters will have to pay for your own utilities.
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Ikea’s beloved shark plush toy, Blåhaj, is promoting the scheme, given the part of “a real estate agent” whose “mission is to find the smallest possible room”.
If you are interested in renting out this unit and would like to find out more information, you can visit Blåhaj at his “offices”.
Applications will be open at Ikea’s Shinjuku store until Tuesday, November 30 and then at the Ikea Shibuya Outlet between December 1 and December 3.
This news comes as a flat recently went up for sale in Sydney, Australia, for £250,000 – or for rent for £300 per month – with the toilet located inside the shower cubicle.
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