These days you don’t need a mansion to own a piano. You barely even need standing room!
There are a number of options that will give you a really authentic piano touch and sound, and be compact enough to not get in anyone’s way. One of the most popular has been the Yamaha Arius YDP-S34 and its big brother; the Yamaha Arius YDP-S54.

As you can see, the profile is super narrow and a neat little trick is when the lid is closed the top is flat which means it doubles nicely as a desk. Perfect for university students. This has, without doubt, been our biggest selling piano for people who are space conscious.
Other popular models for saving space are the Yamaha P125 and Yamaha P45. These are designed to be compact and portable. Crucially you can place them on a portable, collapsable stand, which means if you’re travelling often or playing gigs regularly, they are easy to move.
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Generally speaking, digital pianos are much more convenient than traditional pianos when it comes to saving space. This is because they do not require strings or an iron frame, or even a large cabinet for acoustic reasons.
If you needed something that was compact but also pro-quality, then look no further than the Yamaha P515. This is the equivalent of a mid-high range Yamaha Clavinova, but one can still pick it up and move it around easily.
Chris recently made a video where he demonstrates its portability and points out some other important points to consider. You can watch the video below.