How to choose districts in Budapest for living and investment?

Geographical division of Budapest

Budapest, being an important city in Hungary, is divided into two key parts: Buda, which is situated on hilly terrain, and Pest, located on the plain. Buda has a quiet and cozy atmosphere, while Pest is famous for its vibrant nightlife and numerous entertainment options.

Architecture and green spaces

In Buda, you can find numerous historical monuments and ancient houses, as well as low-rise buildings that are five to seven stories tall; this part of the city is rich in green spaces and trees. In Pest, on the other hand, there is a high density of construction, and there are significantly fewer green areas.

Transport system

The transportation system of Budapest stands out for its diversity and convenience. In Buda, there are streets that public transport cannot access, while Pest has a well-organized network of metro, trams, and trolleybuses that operate even at night (for example, routes 4 and 6).

The connection between the two parts of the city is maintained by both buses and trams. In the vicinity of Buda and Pest, there are various attractions located on both sides of the Danube.

Districts of Budapest

Budapest consists of 23 districts, but not all of them are suitable for tourists or of interest to investors. Let's take a look at which districts will be the most attractive from these perspectives.

Investment districts of Pest

When considering aspects of comfortable living and investment opportunities, attention should be given to Pest. This area is home to:

• five districts that are of interest to foreign investors;
• parts of six and seven, located within the Boulevard Ring.

Prestigious neighborhoods

The most prestigious area is the fifth district, where the parliament is located and the most expensive and mysterious real estate can be found. In second place in terms of significance is district number six, home to the famous Opera House and Andrássy Avenue, which is often referred to as the "Champs-Élysées of Budapest."

Beyond the boulevard begins the diplomatic quarter, where the residences of foreign diplomatic missions, luxurious villas, and well-known residential complexes are located. This area is small and ends with Heroes Square and a large park.

Attractiveness of real estate for investors

What makes this real estate so attractive to investors? All the main attractions are in close proximity, which leads to high rental prices in these areas. Young people and tourists show a keen interest in part of district number seven, which is within the Boulevard Ring and located near the largest synagogue in Europe.

This is where the popular pedestrian zone of Gozdju Udvar is located, featuring the main clubs, bars, restaurants, and nightclubs that operate even throughout the night.

Entertainment center on weekends

On weekends, this area and its nearby surroundings turn into an active leisure center, filled with vibrant events and a festive atmosphere. The famous pedestrian street of Budapest, known as Gozdu Udvar, attracts many outdoor enthusiasts. In this part of the city, there are not only entertainment venues like bars and clubs but also apartments that tourists often rent for short stays.

The 13th district and its features

It is also worth noting the 13th district, which is sometimes compared to Manhattan due to the significant number of office buildings and commercial centers. This district is situated in such a way that one part opens up to the picturesque banks of the Danube, while the other area consists of residential neighborhoods. Along the waterfront, adjacent to the fifth district, there are prestigious residential complexes named Riverside and Marina Part.

Comfortable living conditions

These places are known for their magnificent views and comfort, as they feature modern buildings surrounded by green parks, bike paths, and shops.

Housing prices

The prices per square meter in these areas are quite high, especially for apartments with windows overlooking the river and yacht docks. This place is known for its spacious terraces ranging from 6 to 30 square meters, which are most commonly found in local apartments. Additionally, the area is characterized by its remarkable air quality: there is virtually no car traffic, which significantly reduces pollution levels.

Infrastructure and amenities

It is also worth highlighting the presence of the metro and the large shopping center Duna Plaza, where you can find everything from banks to restaurants and various services.

Residential areas and their characteristics

Moving away from the shore along Manhattan Street into the depths of the 13th district, you can see more tranquil residential areas. Here, there are new buildings, public squares, and green courtyards.

• The housing prices in this part of the area are lower than those near the water.
• Clients usually choose apartments for permanent residence.
• On Riverside and Marina Park, interest in real estate mainly comes from investors looking for high rental income opportunities.

Attractive neighborhoods of Buda

While navigating through Buda, several attractive neighborhoods for potential buyers can be identified. Special attention should be given to the prestigious residential areas 2 and 12.

• In the second district, elegant villas and small complexes consisting of four to six apartments prevail, each with its own courtyard and a magnificent view of the surrounding mountains.
• This area attracts wealthy individuals from the affluent class and often becomes a choice for diplomats to reside in.

Description of the area

The twelfth district of Budapest is quite similar to the second — it also features a hilly landscape, combining both individual country villas and apartment complexes. This district is prestigious and popular among the capital's residents, mainly due to the high income levels of the locals and the large number of government officials living there.

It is important to note that there are neither shops nor entertainment facilities for tourists here, and the area consists solely of residential buildings surrounded by substantial plots of land and fences.

Interest for foreigners

These areas may be of interest to affluent foreign buyers looking for real estate in the capital not for short-term rental, but for permanent residence, both for themselves and their families. This district is home to international educational institutions, which significantly enhances its appeal for families with children seeking high-quality education.

The condition of remote areas

As for the more remote parts of the city, such as districts 17, 18, and 22, property prices there are significantly lower. However, according to local realtors, foreigners are not interested in buying housing in these areas because they have a low status and do not offer significant investment opportunities. These residential areas are mainly inhabited by Hungarians, primarily low-income individuals such as young families, as well as other citizens looking for their first home.

Key points from the experts

During discussions with experts, several key points can be highlighted:

• District 13It stands out for its developed infrastructure, offering comfortable living conditions.
• There are also no serious infrastructure problems in other areas.

Historical city centers

In the historical centers represented in the fifth and seventh districts, new buildings are virtually nonexistent. Here, old houses from the late 19th to early 20th century prevail, characterized by high ceilings, spacious apartments, and delightful architectural elements.

Rent and profitability

Before the pandemic, the rental yield in the mentioned areas was approximately 10% per year (around 7-8% after paying management fees). At the same time, the occupancy rate of the properties did not drop below 85%. However, given the current situation, where the flow of tourists has decreased, it is premature to talk about previous figures. Nevertheless, experts believe that soon, with the restoration of global mobility, everything will return to normal.

Current offers in the real estate market

Not long ago, purchasing property in the historic center was considered the most profitable investment in the real estate market. Rental properties continue to be in demand in the thirteenth district, especially in areas like Riverside and Marina Part. At the same time, residential neighborhoods, even prestigious ones like 2 and 12, are becoming less of a focus for investors.

What can you currently find in the real estate market in Budapest?

• Apartment for €949,000Located in the city center, with an area of 124 m², it includes 3 rooms and 2 bathrooms.
• Apartments for €275,000Located in Budapest, 48 m², 2 rooms and 1 bathroom.

Opportunities for modern consumers

Modern buyers have access to online presentations of properties and the ability to finalize deals remotely. In the eighth district, on Korvin Boulevard, there is an apartment located on the 6th floor of a new building, with an area of 44 m², featuring a kitchen combined with a living room, one bedroom, and a balcony of 7 m². The bathroom is separate, the apartment is fully furnished, and equipped with air conditioning. The windows overlook a courtyard that is known for its tranquility and greenery, providing additional comfort for future residents.

A good investment opportunity for both short-term and long-term rentals. Low maintenance costs. New and stylish properties... the company Perfect Invest Hungary Ltd. offers apartments in Budapest, Hungary, at a price€299,000The apartments occupy an area of75 m2It includes three rooms: two bedrooms and one bathroom. An online viewing is available, as well as the option to complete the transaction remotely.

She is located in the sixth district, in the diplomatic area of the capital, in a building with a concierge that was built inin 2007The apartment is located on the seventh floor and features an open space where the kitchen is combined with the living room, as well as a separate bathroom and a balcony.3.6 m²The interior is fully furnished and equipped with the necessary appliances.

The room features magnificent natural lighting, central heating, and an air conditioning system. The building has a fitness center and a sauna available for residents.

Other offers from Perfect Invest Hungary Ltd.

The company also offers other attractive options. For example, an apartment for547,000 €in Budapest, covering an area118 m2It has three rooms and three bathrooms (residency permit available upon purchase). Online viewings and remote transactions are available.

This property is located in the fifth district, at the corner of Szent István Boulevard and Honvéd Street, not far from the Margaret Bridge. The area of the apartment is113 m²After a major renovation in a historic building with an elevator on the third floor. It is divided into three separate apartments, each with its own entrance, private bathroom, as well as a shared kitchen, laundry room, and guest toilet. This is a great option for short-term rental.

Villa in Budapest

Another interesting property is a villa being sold for1,370,000 €It is located in the Buda district of Budapest, in the picturesque area of Kurczles, on a plot of land measuring970 m2The villa has a total area of273 m2was built inin 2009.

The environment is characterized by a high standard of living, with affluent people residing here. The architectural style of the building is traditional and classic, and the windows offer a breathtaking panoramic view.

Apartments from Westinvest

The company Westinvest offers another apartment in Budapest for922,000 €area144 m²This property is located in the fifth district, at 14 Veresh Palne Street, in a historic building that is in good condition and equipped with an elevator. The apartment, which has undergone high-quality designer renovations, is situated on the second floor.

The total area is144 m²and includes:

• a living room combined with a kitchen;
• three bedrooms;
• three bathrooms;
• guest bathroom
• utility room;
• a terrace of size7 square meters.

The ceiling height in the apartment reaches4 metersand the kitchen is equipped with Bosch appliances.

Spacious apartment from Perfect Invest Hungary Ltd.

The company also offers a spacious apartment in Budapest for323,000 €The apartments have an area50 square metersThey are located in the first district, at the foot of the Royal Fortress, on one of the most prestigious streets in the city. The apartment is situated in a small building and is being offered for sale after a high-quality major renovation.

In this area, apartments often become inherited property, which speaks to the stability and value of real estate. This luxurious apartment stands out with its unique style and atmosphere.

Real estate in Budapest

In the capital of Hungary, Budapest, there are numerous opportunities to acquire various types of real estate, which is especially important for those looking to obtain residency. Let's take a look at a few properties that may interest potential investors and buyers.

Stylish apartments

The first interesting object is stylish apartments priced at732,000 euros, located infifth districtnear the historic city center, not far from the parliament building and the picturesque Danube waterfront. The apartment has a total area of103 square meterslocated on the fifth floor of a building with an elevator.

The interior has undergone a major renovation, creating a cozy atmosphere — a spacious living room, two bedrooms, and two bathrooms ensure comfortable living. The kitchen-dining area is fully equipped with modern furniture and high-quality appliances from Bosch.

Luxurious apartments from Perfect Invest Hungary Ltd.

Perfect Invest Hungary Ltd. offers luxurious investment opportunities in the form of apartments in Budapest. One of the attractive options is a 125 square meter residence priced at 810,000 euros. These apartments are located in a picturesque area just 15-20 minutes from the city center, on the famous Rose Hill. A nature reserve is in close proximity, creating an atmosphere of seclusion and tranquility.

The building, which contains three apartments, is situated on a separately designated plot of land. On the second floor, there is a spacious apartment featuring four bedrooms and a living room with a kitchen that has a total area of 40 square meters. The living room has access to a balcony that measures 16 square meters, and the apartment also includes its own section of the garden and two parking spaces in the courtyard.

The second housing option from Perfect Invest Hungary Ltd.

Another interesting option from Perfect Invest Hungary Ltd. is an apartment priced at 805,000 euros and covering an area of 101 square meters. These apartments are located in the fifth district, in the historic area of Budapest, near University Square. The non-residential space has undergone a major designer renovation, providing residents with two bedrooms and two bathrooms.

The open kitchen, which connects with the living room, is complemented by a large balcony for comfortable leisure time. Only high-quality materials were used in the finishing process, such as:

• Onyx
• Porcelain tile
• Mosaic

The technology of leading brands such as Bosch and Bora, including a wine refrigerator, was also used in the interior design.

Apartment opposite the central market

The next interesting property is an apartment with an area of 108 square meters, priced at 640,000 euros. Its unique location opposite the central market offers the opportunity to enjoy stunning views of the Liberty Bridge, the Danube River, and Fovam Square. The apartment is situated in one of the most prestigious areas of the capital, just a few minutes' walk from the most famous attractions and a minute's walk from the Danube riverbank.

Exclusive penthouses from NF Group

NF Group presents exclusive penthouses for your consideration. One of them can be purchased for 657,000 euros, covering an area of 129 square meters, and is located in the heart of the city, just a two-minute walk from the Danube River.

On the first level of this traditionally designed building, there is:

• Spacious bright living room with a fully equipped kitchen
• Three bedrooms
• Two bathtubs
• Balcony

The second floor includes additional spaces for relaxation.

Apartment on Gellért Hill

NF Group also offers another exclusive option - an apartment priced at 940,000 euros, with an area of 85 square meters. This apartment is located on the famous Gellért Hill, which is listed as a UNESCO World Heritage site, just a five-minute walk from the historic fortress.

The unique view of the Danube and the city makes this property especially attractive. The fully renovated apartment is located in the first district.

Additional proposed options from NF Group

Additionally, NF Group offers an apartment for 508,000 euros, with an area of 118 square meters. This fully renovated residence with a balcony is located just a ten-minute walk from the famous opera house and the largest synagogue in Europe. The excellent location provides easy access to all the main attractions of the city and is situated between the Danube River and Heroes' Square, just a 5-7 minute drive away.

Luxurious apartment in Budapest

In the capital of Hungary, Budapest, a luxurious apartment with an area of 92 square meters is on the market for €632,000. This magnificent property has not only been completely renovated but is also located near the center of Buda, on a quiet street, creating ideal conditions for comfortable living.

This street adjoins the iconic Sell-Kalman Square, where elegant villas built in the early 20th century are located, along with sprawling chestnut trees that provide picturesque shade in the summer.

Architectural heritage

The building that houses the apartment was constructed in 1907 based on the design of a famous architect who became an integral part of the architectural heritage of his time.

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Real estate listings in Budapest

Currently, there are nine interesting properties in Budapest, curated by real estate expert Ilona Chik. All the properties are furnished and renovated, making them suitable for permanent living or rental — a real find for investors looking to generate income right after purchase.

First object

• Type:two-bedroom apartments.
• Area:49 square meters.
• Location:the seventh district of Budapest.
• Price:195,000 €.
• Description:A new complex built in 2008, featuring a concierge, fitness center, secure parking, shops, a restaurant, a beauty salon, and a children's playground.

Second object

• Type:two-room apartment.
• Area:57 square meters.
• Price:200,000 €.
• Description:New house from 2008, conveniently located, suitable for living and renting.

Third object

• Type:three-room apartment.
• Area:60 square meters.
• Location:District number 6, Kirai Street.
• Description:An apartment in a famous building from 2006 with panoramic windows and a terrace, comfortably accessible to Andrássy Avenue and the Hungarian State Opera House.

Fourth object

• Type:designer apartment.
• Area:almost 100 square meters.
• Location:Picturesque area number 6 on a quiet street.
• Features:high ceilings (3.8 meters), panoramic elevator, proximity to the opera house.

The quality of the designer renovation and complete furnishings make it an ideal choice for comfortable living. Additionally, the proximity to the opera house significantly enhances the appeal of this property for potential residents and investors.

Real estate goals

Real estate can serve various functions, especially when it comes tolong-term rentalfor employees of large companies. Notably, one of the offered apartments is already actively being rented out, generating an income of over6% per year.

Option #5: Luxury accommodation in the center of Budapest

Pay attention to option number five – this iselite housinglocated in the central part of Budapest. Here, in the seventh district, there is a historically significant building that houses a luxurious three-room apartment priced at€290 thousandAlthough the building is not brand new, it is in perfect condition due to a major renovation and the replacement of all engineering systems. The elevator is operational, and the area of the apartment is98 square meters.

The interiors have not only undergone a major renovation but have also been decorated with care: there are two bathrooms and a spacious...American cuisineNearby the apartment is the Blaha Lujza tér metro station, and in800 metersThere is a magnificent synagogue. This property is suitable for both long-term and short-term rental.

Option No. 6: Student apartments in the seventh district

Option number six —student apartmentsin the seventh district, covers an area107 square metersand includes one apartment divided into two independent parts. Each of them can be rented out separately due to the presence of separate meters. The total price is€345 thousand...while the cost of each half approaches...€155 thousandand€190 thousand.

Despite the fact that the apartment is not located in the historical center, it has a good chance of being rented by students. The city park and veterinary institute are within walking distance. Such a property would be ideal forstudent rentalwith income from5 to 6% per year.

Expert opinion

Ilona Chik from Perfect Invest Hungary Kft notes that in Budapest, foreigners most often arrive with families or in groups. There are also many students in the capital. Based on these factors, it makes sense to invest in spacious apartments with at least two bedrooms and two bathrooms. Students prefer to share larger apartments, as it is cheaper for them than renting a separate, smaller place. This is why there are almost no studio or one-bedroom apartments on the market.

Option #7: Spacious apartment in a low-rise complex

Let's move on to option number seven — this isspacious apartmentin a low-rise residential complex. It is located in the embassy district and represents a typical house for three families. The first floors of the building have an area of193 square metersfor sale for€1 millionThe price includes two parking spaces in the underground parking, one in the yard, and a separate storage room.

There is a park nearby and a prestigious area with numerous embassies and diplomatic institutions. The property is perfect forcomfortable living.

Option #8: Apartment with a private cinema

And the last option worth mentioning isapartment with a private cinemalocated in the center of Budapest, in the fifth district, which is consideredthe historical part of the cityInside the historic building with a high ceiling structure, beautiful apartments are offered with an area of175 square meters.

Conclusion

Thus, Budapest offers a wide range of real estate options to meet the diverse needs of tenants, allowing both owners and investors to generate stable income.

Conclusion

In concluding my perspective on Budapest, I want to emphasize that this city, divided into two contrasting parts — Buda and Pest — offers unique opportunities for both living and investing.

Budapest, with its vibrant nightlife and cultural attractions, truly represents the heart of the capital, attracting the younger generation and tourists, while Buda, with its tranquility, historical buildings, and green parks, creates an atmosphere of comfort and safety.

Prospects for zoning

Considering the current trends in the real estate market, an analysis of the city's neighborhoods shows that new opportunities are emerging. I would especially like to highlight the following areas:

• Fifth DistrictandSixth District...which, thanks to their central locations, can bring substantial income to their owners.
• District No. 13Known as the "Budapest Manhattan," with modern business centers and high-quality infrastructure, it sets a new standard for office real estate.

Green areas

Moreover, we should not forget about the growing interest in green areas on both sides of the Danube. By investing in these places, you not only gain the opportunity for a profitable investment but also secure plots with an excellent living environment, where the air is cleaner and life is more relaxed.

The future of Budapest

The future of Budapest is undoubtedly attractive. The city continues to develop, offering its residents and investors new opportunities. Making the right decisions about choosing neighborhoods for living and investment can be crucial for achieving success in this appealing market.

And finally, when choosing real estate in Budapest, it is important to consider not only current trends but also personal preferences that will make your choice not just a financial investment, but also an emotional contribution to your future comfort and lifestyle. Budapest is waiting for you!