Hungary
The best areas of Hungary for living and investing
Budapest, the pearl of the Danube, attracts travelers with its charm and rich history.
But for those who are looking for more than just a temporary shelter, but a place to live or a profitable investment, the city reveals its secrets in a new way.
The Buda-Pest divide: two poles, two atmospheres
The Hungarian capital is traditionally divided into two parts: Buda and Pest. Buda, with its hilly landscape and historic buildings, offers a relaxed life, closeness to nature and an old-world atmosphere. Pest, on the other hand, is the dynamic city centre, where nightlife, shopping, theatres and museums are concentrated.
23 Neighborhoods: Where to Find the Perfect Corner?
Budapest is divided into 23 districts, each with its own character and charm. However, for those looking for a place to live or invest, it is worth focusing on certain areas.
Pest: The Heart of the City and Key Investment Areas
District 5: The most expensive district of Budapest, where prestigious real estate is located, including near the Parliament building. There is a high concentration of tourists, which makes the district attractive for the rental business.
District 6: Here are the Opera House, Andrassy Avenue (Hungarian Champs Elysees), as well as the diplomatic part of the city with residences of foreign missions and villas. This area, bordered by the Grand Boulevard, is distinguished by prestigious residential development and high demand for rental properties.
District 7: The part of this district, located within the Grand Boulevard, is attractive to young people and tourists due to its proximity to attractions and active nightlife.
Why are investments in these areas attractive?
- High rental demand: All the main attractions of the capital are within walking distance, which makes real estate in these areas very popular among tourists and renters.
- Prestige and high value: Real estate in these areas is an investment with high growth potential, due to its prestigious location and popularity with wealthy foreigners.
Buda: Historical charm and tranquility
In Buda, real estate investments are characterized by a calm atmosphere and the opportunity to get a quiet, cozy corner with a panoramic view of the Danube. Among the most interesting areas, it is worth mentioning:
District 1: The historical center of Buda, where the Royal Palace, the Fisherman's Bastion and the Matthias Church are located. Real estate in this area is characterized by high prices and prestigious status.
District 12: A quiet and green area, with historical buildings and beautiful parks. Here you can find real estate with a more affordable price and a cozy atmosphere.
When choosing a neighborhood to live in or invest in, consider:
- Budget: Real estate prices can vary greatly from neighborhood to neighborhood.
- Infrastructure: Availability of shops, schools, hospitals, and other important facilities.
- Transport accessibility: Proximity to public transportation and roads.
- Personal preferences: Do you want a quiet life in a historic area or the dynamic atmosphere of the city center?
Explore each neighborhood of interest in detail with the help of Mercury Group experts who will help you evaluate your options and make the right choice!