{"id":115698,"date":"2022-02-09T17:26:53","date_gmt":"2022-02-09T16:26:53","guid":{"rendered":"https:\/\/sobarnes.com\/?p=115698"},"modified":"2022-02-09T18:22:03","modified_gmt":"2022-02-09T17:22:03","slug":"budapest-the-fascinating","status":"publish","type":"post","link":"https:\/\/sobarnes.com\/en\/realestate\/budapest-the-fascinating\/","title":{"rendered":"Budapest, the fascinating"},"content":{"rendered":"

 <\/p>\n

\u201cBudapest can transform to basically any major European city\u201d<\/em>. In the words of Steven Spielberg. The Hungarian capital has undergone a tremendous revival in the last ten years<\/strong>.<\/em> Straddling the Danube, between the Buda hills to the west and the plain where Pest lies, it is the sumptuous backdrop to a thousand years of eventful history. Renaissance, classical, baroque \u2013 all<\/strong> architectural styles<\/strong> can be found here. From the underground thrills of the ruin bars<\/em> in the old Jewish quarter to the Gellert and Lukacs baths, from the trendy restaurants and caf\u00e9s on Andrassy Avenue to those on Bartok B\u00e9la Boulevard, its peaceful lifestyle<\/strong> attracts millions of tourists. Its advantageous tax regime<\/strong> and safe environment<\/strong> have also made it a favourite place to live for a growing number of expatriates.<\/p>\n

The real estate market: A\u00a0spectacular growth<\/strong><\/h2>\n

Prices have dramatically increased over the past 5 years in Budapest.<\/strong> In fact, in 2019 Budapest was rated the 3rd highest city in the world for property prices appreciating an average of 19% annually as well as a steady 7%-10% of rental yields. From 2014 prices have doubled by 2018<\/strong> and since then until today prices have already quadrupled in the city centre. Number of tourists and expats working and living in Hungary have risen constantly over the past 5-10 years taking advantage of Hungary\u2019s mild weather, very attractive tax incentives and very safe environment.<\/strong><\/p>\n

Our advice<\/strong><\/h2>\n

\u201cChoose your neighbourhood carefully based on its history and characteristics so that it matches your criteria. Get in touch with us to make sure that it does\u201d,<\/em> says Zolt\u00e1n Hamza, Director of BARNES Hungary.<\/p>\n

Expatriates prefer districts 5 and 6<\/strong> for their proximity to the city centre, while families opt for districts 1, 2, 3 or 12<\/strong>. Buda attracts those who enjoy peace and quiet, while Pest is favoured by a younger population.<\/p>\n

\u201cDistricts 1, 2, 5, 6, 7 and 12 are the most sought after in Budapest.\u201d\u00a0<\/em><\/p>\n

The advice of Zolt\u00e1n Hamza , Director of BARNES Hungary <\/strong>\u201cFor an investment, target districts 5, 6 and 7, located in the centre of Budapest.\u201d<\/p>\n

The secret to Budapest <\/strong>\u201cPest is retail and office-oriented. Most of the apartments for rent are already furnished and ready to move into. Buda is more residential and quieter and will appeal to families. There you\u2019ll find exclusive villas and spacious houses.\u201d<\/p>\n

A cultural scene<\/span><\/h2>\n

BARNES has put together a selection of top restaurants, trendy boutiques and cultural venues to help you discover what the fascinating city of Budapest has to offer! Diaries at the ready!<\/p>\n

Out and about<\/strong><\/span><\/h2>\n

The Herend<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Herend<\/em><\/p>\n

The Herend stores showcase ceramics and pottery. Visit their flagship shop in the 5th district or the one on Andr\u00e1ssy Avenue. The ideal place to find one-of-a-kind vases, figurines or tea sets.<\/p>\n

Budapest, J\u00f3zsef n\u00e1dor t\u00e9r 10-11, 1051 Hungary<\/em><\/strong><\/p>\n

Omorovicza<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Omorovicza<\/em><\/p>\n

Omorovicza, whose mission is to offer you the best (and only the best) for your skin. The products? Composed of thermal water, with multiple properties. The boutique and spa is fabulously decorated.<\/p>\n

Budapest, Andr\u00e1ssy \u00fat 45, 1061 Hungary<\/em><\/strong><\/p>\n

Paloma<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Paloma<\/em><\/p>\n

Paloma, a huge space that showcases local fashion brands and artists who are making the country famous. All this in a modern, industrial setting.<\/p>\n

Budapest, Kossuth Lajos u. 14, 1053 Hungary\u00a0<\/em><\/strong><\/p>\n

Retrock<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Retrock<\/em><\/p>\n

Retrock, a store that offers a careful selection of second-hand items. Here, everything has been thought out so that each customer can find that special gem that speaks to them.<\/p>\n

Budapest, Anker k\u00f6z 2-4, 1061 Hungary<\/em><\/strong><\/p>\n

The hottest reservations in town<\/strong><\/h2>\n

Menza<\/span><\/h4>\n

\"Manza\"<\/p>\n

\u00a9Menza<\/em><\/p>\n

Menza, a restaurant that serves traditional Hungarian cuisine (such as beef goulash with home-made spaetzle) in a hip, seventies-influenced setting.<\/p>\n

Budapest, Liszt Ferenc t\u00e9r 2, 1061 Hungary<\/em><\/strong><\/p>\n

Divin Porcello<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Divin Procello<\/em><\/p>\n

Divin Porcello, where Spanish tapas culture meets Italian aperitifs and the spicy flavours of Hungary. A unique venue.<\/p>\n

Budapest, Ap\u00e1czai Csere J\u00e1nos u. 7, 1051 Hungary<\/em><\/strong><\/p>\n

Borkonyha Winekitche<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Borkonyha Winekitc<\/em><\/p>\n

Borkonyha Winekitchen, awarded a Michelin star. Not far from the Basilica, the restaurant offers almost 200 wines on the menu and dishes with Hungarian influences.<\/p>\n

Budapest, Sas u 3, 1051 Hungary<\/em><\/strong><\/p>\n

Onyx<\/span><\/h4>\n

\"\"<\/p>\n

\u00a9Onyx<\/em><\/p>\n

Onyx, one of the most popular restaurants in the city. Chef M\u0171hely presents a progressive Hungarian cuisine, based on the intertwining of art, science and gastronomy. All made with local ingredients.<\/p>\n

Budapest, V\u00f6r\u00f6smarty t\u00e9r 7-8, 1051 Hungary<\/em><\/strong><\/p>\n

Ideas for cultural outings<\/h2>\n

The Vasarely Museum<\/span><\/h4>\n

This museum<\/a> in Budapest pays tribute to the Hungarian artist Victor Vasarely. The permanent exhibition is spread over four rooms on the ground and first floors. The artist's work is presented in chronological order - from his first school of drawing, through his training at the Hungarian Bauhaus and his pictorial development towards geometric abstract art, to his works of optical art based on the principles of Gestalt.<\/p>\n

Vasarely Museum - Budapest, Szentl\u00e9lek t\u00e9r 6, 1033 Hungary<\/em><\/strong><\/p>\n

The Ludwig Museum<\/span><\/h4>\n

This contemporary art institution<\/a> houses a collection of works from the 1960s to the present day, amassed from collectors around the world. From pop-art to conceptual art and ecology, the range of topics the museum covers is vast. Some of the temporary exhibitions are available online.<\/p>\n

Ludiwg Museum \u2014 Budapest, Komor Marcell u. 1, 1095 Hungary<\/em><\/strong><\/p>\n

acb Gal\u00e9ria<\/span><\/h4>\n

Set on the banks of the Pest side of the river, this gallery<\/a> is one of the most renowned in the city's arty district (7th district). Most (if not all, depending on the period) of the artists presented are Hungarian. Paintings, sculptures, visual arts: a large number of fields are showcased.<\/p>\n

acb Gal\u00e9ria \u2014 Budapest, Kir\u00e1ly u. 76, 1068 Hungary<\/em><\/strong><\/p>\n

V\u00e1rfok Gallery<\/span><\/h4>\n

Over the years, the gallery has grown and expanded its exhibition space. While the works of artists<\/a> with a permanent connection to the gallery can be found here, other contemporary creators can also be discovered. Marvel at the incredible work of Fran\u00e7oise Gilot, several of whose paintings are on display.<\/p>\n

Budapest, V\u00e1rfok u. 11, 1012 Hungary<\/em><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

  \u201cBudapest can transform to basically any major European city\u201d. In the words of Steven Spielberg. The Hungarian capital has undergone a tremendous revival in the last ten years. Straddling the Danube, between the Buda hills to the west and the plain where Pest lies, it is the sumptuous backdrop to a thousand years of eventful history. Renaissance, classical, baroque \u2013 all architectural styles can be found here. From the underground thrills of the ruin bars in the old Jewish quarter to the Gellert and Lukacs baths, from the trendy restaurants and caf\u00e9s on Andrassy Avenue to those on Bartok […]<\/p>\n","protected":false},"author":1,"featured_media":115653,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":[],"categories":[508,11657],"tags":[],"yoast_head":"\nBudapest, the fascinating - SoBarnes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sobarnes.com\/en\/realestate\/budapest-the-fascinating\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budapest, the fascinating - SoBarnes\" \/>\n<meta property=\"og:description\" content=\"  \u201cBudapest can transform to basically any major European city\u201d. In the words of Steven Spielberg. The Hungarian capital has undergone a tremendous revival in the last ten years. Straddling the Danube, between the Buda hills to the west and the plain where Pest lies, it is the sumptuous backdrop to a thousand years of eventful history. Renaissance, classical, baroque \u2013 all architectural styles can be found here. 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