Member of the A1 Group

The Fifth district offers its residents the ultimate downtown lifestyle. Filled with luxury accommodation, fine dining, and tourist attractions alike, it’s one of the busiest areas for business and tourism. This district is an attraction for visitors and investors alike and is one area where renovations are consistent and streets are well-kept.

Top neighbourhoods

Leopold Town, Inner City

The Housing Market

District V is the central point for tourism in Budapest. Many flats in the area have been converted into short- and long-term rentals, and luxury apartment construction is on the rise. Property in the area is always in demand, making investments easy to sell when the time is right.

Last Year Growth

10

%

Architectural Notes

This district is made up entirely of apartments and condominiums, ranging in styles–from classical to Bauhaus– peppered with neoclassical UNESCO landmarks. A lot of city funds have poured into the district, which led to several park and square renovations.

The
Vibe

Quintessential Budapest - charming and dynamic.

What to Expect

Property prices in the Fifth district are among the highest in the city, but the area has proven to deliver excellent returns for investors, across all neighborhoods. As the political, business, and tourist center of the city, the area boasts high demand for both short-term rentals and long-term leases. Its central location, proximity to major landmarks like the Parliament, the Danube, and luxury shopping streets, ensures strong property value retention and potential for appreciation. Additionally, the district’s elegant architecture and excellent public transport make it particularly attractive to international tenants and investors alike.

What Not to Expect

Total quiet and green surroundings are not characteristic of this neighborhood. Even on the quietest streets, adventurous visitors to the city roam around during the day. Vehicle traffic can also be heavy in this area, especially during holiday street closures, which can make parking more difficult. Finally, although the district offers several beautiful parks to choose from, District V is not considered one of the greenest areas in the city.

The Sights

 

 

 

 

Budapest Traditions