Hungary does not impose any limitations on foreign citizens who want to buy real estate in the country. What is more, the foreigners who make such investments can obtain immigration benefits. All you need to do is choose a good lot that matches your goals and will be affordable for you, and Budapest is a convenient location for this purpose. Our team decided to make the choice easier for potential buyers and provide a selection of lots in the prestigious Budapest district of Belváros-Lipótváros.
Where Is It?
The 5th district is the political, financial, commercial, and tourist center of Hungary. This is the real heart of Budapest as it is located in its center. It is called Belváros-Lipótváros, but it is also known as the Inner City and the Leopold Town, which is related to the two historical blocks located there:
- Belváros (Inner City)
- Lipótváros (Leopold Town)
The Inner City is the old city of Pest. Leopold Town was founded at the start of the 19th century and became a political and financial center of Hungary at the beginning of the 20th century, when the Hungarian Parliament was built. These two quarters were initially the 4th (Inner City) and the 5th (Leopold Town) districts of Budapest. However, things changed in 1950 when they were united, and Újpest (New Pest) became the 4th district.
There is a reason why the Inner City did not become the 1st district despite the fact that it is located in the center of the Hungarian capital. Before 1873, Buda was the capital of Hungary, so a decision was made to start enumerating the districts from the Buda Castle District. The Pest side districts were numbered from 4 to 10.
One of the main places of interest is the Parliament Building, the largest building in Hungary at the start of the 20th century. There is a square of Lajos Kossuth nearby with the statues of Rákóczi Ferenc II and Lajos Kossuth. The square is an ideal place to watch the Parliament Building. It adjoins the Ethnographic Museum with imposing columns and a pediment.
The residents and visitors to the district can easily get to the Danube embankment to have a walk. The wonderful view of the water and the Castle mountain on the other side leaves no one indifferent. There is St. Stephen’s Basilica, Vaci Street, and Vorosmarty Square nearby. The majestic squares along the Danube near the parliament, in the district filled with historical relics, museums, and historical monuments, are often used to hold the events.
We offer the lots in this district that are available for those who want to buy real estate and obtain a residence permit in an EU country.
An Apartment on the Embankment with a Panoramic View and a High Ceiling — € 795,000
This is a great option for those who want to enjoy the beauty of the city. The windows overlook the Gellért Hill, the Elizabeth and Liberty Bridges, as well as the Buda Castle. The apartment with a living room and 1 bedroom with a total area of 74 square meters is located on the second storey of a classic restored 4-storey building. Here are the key peculiarities of the lot:
- Quick access to the Belgrade Embankment of the Danube (Belgrád rakpart)
- 2 rooms
- The area is 74 sq.m.
- Recently repaired
- The windows face west
- Electric heating
- An elevator
- A balcony
- The ceiling is 3.6 m high.
A Microapartment with an Excellent Location in a Historical Building — € 180,000
This is an apartment with a panoramic view of the Buda Mountains and Matilda Castle. It is a 1-minute walk from the Danube bank and the Elizabeth Bridge, and there is an excellent transport junction nearby. There are cozy cafes and restaurants within a walking distance. This is an excellent option for investors that want to buy real estate in a good location. Let’s look at the key peculiarities of the studio apartment in a busy part of the 5th district:
- The area is 20 sq.m.
- 1 room
- Ground floor
- A panoramic view from the window
- The apartment requires repairs
- The windows face north
- Central heating
- An elevator
- The ceiling is 3.4 m high.
A Two-Room Apartment on Széchenyi Embankment — € 720,000
This is a two-room apartment in the Center of Budapest on Széchenyi Embankment. A renovated apartment in the fifth district offers a panorama of the Danube. It is located on the third storey of the 4-storey building designed by Karoli Hild. The windows give a view of the Chain Bridge, Buda Castle, Matthias Church, and Fisherman’s Bastion. Key peculiarities of the lot:
- 65 sq.m.
- 2 rooms
- Third storey
- The windows overlook the central districts of the city
- Freshly renovated
- The windows face west
- Central heating
- There is an elevator in the building
- The ceiling is 3.8 meters
- Layout: living room + 1 bedroom.
A Spacious Apartment with 3 Rooms on a High Storey — € 816,000
A fully renovated light apartment in a condominium on János Bihari street. It is located on the top storey of the building in the fifth district. The residents can enjoy the fortress walls from the balcony. There are 2 bedrooms, 2 bathrooms, a spacious living room, an American kitchen + dining room. The façade of the building is in excellent condition. It is light and quiet inside as it is located on one of the top storeys. The cost includes all furniture, finishing, and equipment in the photo. Here are the key features:
- It is located in János Bihari street
- The area is 110 sq.m.
- Fourth storey
- 3 rooms
- The windows overlook the street
- Recently renovated
- The windows face west
- Circulation heating
- The ceiling is 2.9 m high.
You can buy a ground-floor apartment in Fevam Square with a panoramic view of Gellért Hill with deluxe repairs. The dining room windows overlook the Liberty Bridge. There are two bedrooms in the apartment with separate entrances and two bathrooms. Modern design makes it an ideal investment for long-term or short-term rent. The furniture shown in the photos is included in the price. Key features of the apartment:
- The area is 83 sq.m.
- 3 rooms
- Ground floor
- The windows overlook the panorama of the city
- Recently renovated
- The windows face west
- The heated floor makes the apartment warm in winter
- The ceiling is 3 m high.
The prices of lots are subject to change. Please get in touch with our team to receive a complex offer and information on whether a particular apartment is still available.
