After months of speculation surrounding its first entry-level Windows 10 smartphone, Microsoft today made the Lumia 650 official. The 5-inch device offers an attractive design with an anodized aluminum frame that measures just 6.9mm thick, and it’s priced at $199.

The Lumia 650 is designed to deliver Windows 10 on a budget. It’s ideal for those buying their first smartphone, those who want to try out Windows 10 without making a big investment, and businesses that need affordable phones for getting things done.

“We’re extremely proud of the Lumia 650 and believe it will quickly be seen as the device that provides the perfect balance between work and personal needs,” says Microsoft.

Packed into the slender form factor is a 5-inch 720p OLED display with Gorilla Glass, a quad-core Snapdragon 212 processor clocked at 1.3GHz, 16GB of internal storage, and a microSD card slot. There’s also NFC connectivity, an 8-megapixel camera, and a 2,000mAh battery.

With Windows 10 Mobile, you get all of the Microsoft apps and services you would expect to see, including Office, OneDrive, and Cortana. But sadly, the entry-level specifications mean the Lumia 650 isn’t quite capable of delivering Continuum, which is a shame.

You’ll be able to buy the Lumia 650 in single- and dual-SIM variants in either black or white. The device goes on sale in select European countries on February 18 priced at $199 (approx. €178/£138), but there’s no word on U.S. availability just yet.