Lifestyle Budapest

Arena Estates specialises in the sale of Hungarian property for sale in Budapest and real estate investment opportunity worldwide. In the beautiful European capital of Budapest, we can offer excellent real estate investment options to investors. Below you will find information on the city of Budapest relating to its history culture and lifestyle.

Budapest is a beautiful city in the heart of central Europe, which for centuries was in the thick of European politics and commercial activity. Situated on either side of the River Danube, Budapest is actually two cities, that of Pest on the eastern flatter bank and Buda, which occupies the hillier western bank of the river. Founded by the Celts in the first century BC, it has been occupied by the Romans, Tartars and Turks during the Ottoman conquest of Central Europe. During the 19th Century the city was central to the administration of the great Austro Hungarian empire in which Budapest was the twin capital in the dual monarchy. After the First World War the power of Budapest declined in a hostile central European environment.

After World War Two Hungary was occupied by the Soviet Union and became a satellite state within the Iron curtain. Since 1989, the country has become one of the leading emerging economies of central Europe. Stable government and steady growth has ensured that the country is looking positively towards the future. Hungary joined the European Union in May 2004 and since then has emerged as one of the strongest economies and more attractive investment options of the ten new entrants.

Today Budapest is a vibrant cosmopolitan European capital attempting to regain its place as a one of Europe's foremost cultural destinations. There are literally hundreds of great restaurants of all types in the city and those considering the purchase of property for sale in Budapest will be delighted by the busy life of the city, its architectural and cultural treasures and the lively pavement café culture.

The city has a rich tradition of Classical music, opera, ballet and Romany dance. Entertainment listings in English are provided in Budapest Week and Budapest Sun . The monthly Budapest Style also is very good for cultural listings. Online cultural listings are also available at www.budapestinfo.hu/en/.

In terms of climate, Budapest is very similar to that of the UK. When considering the purchase of property for sale in Budapest or renovation of older property here this is a factor best kept in mind. Average temperatures in January are around freezing while midsummer temperatures in July and August are between 21 to 25 degrees centigrade.

For more information on Budapest, Hungarian property or any aspect of investment in the Hungarian real estate market please contact +36 1 266 5968 or e-mail info@arenaestates.com and one of our experienced advisors will be in touch as soon as possible.

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