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Where to Buy Property in Budapest

Best Areas to buy Property in Budapest

Budapest is the capital City of Hungary and is now thought off as one of the leading cities in Europe offering great yields and also capital appreciation to prospective buyers whether they are Hungarian nationals or overseas buyers looking to get involved in the Budapest property market.

Here we will look at some of the popular places for property investment in Budapest:”

District V – This is the inner city area and is home to the Hungarian parliament buildings. The recently opened Fashion Street which is located in Deak Ferenc UTCA is proving to be somewhat of a hotspot in downtown Budapest

District VI Terezvaros – This some would say is the main social and also cultural hub of the city. There is plenty of stock property wise and prices are also less than that generally in district V. One location in particular here that stands out is the Andrassy Avenue area which has been very popular for investment

District VII Erzsébetváros – This is the main Jewish area in Budapest and is also home to the veterinary and medical schools. This district is also known for its great restaurants and lively nightlife on offer

District VIII Józsefváros – This is part of Budapest which is undergoing a lot of development through government initiatives and is looked at by many long term as an ideal location for investment

District IX Ferencváros – Another area that local government is having a large input in renovations and features many nice bars and cafes \in areas like Raday Streeet for example. Many of the universities and education institutions are located in District IX which also makes it very attractive for student rentals

District XIII – This is a district with lots of different architecture and is also home to the popular West End City Shopping Mall

If you would like more information on the different locations in Budapest and are interested in buying property in Budapest please do not hesitate to call the team at Prime Property for further information

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