Budapest, Hungary 🇭🇺
#804
47.497878, 19.040238
Nomad Score:
72%
Essentials
🏙️ City | Budapest is the capital city of Hungary, known for its stunning architecture, historic thermal baths, and vibrant nightlife. |
👥 Population | Approx. 1.75 million |
💻 Internet Speed | Average 100 Mbps |
💸 Currency & Banking | 1 HUF ≈ 0.0027 USD, 1 USD ≈ 370 HUF |
🚰 Tap Water | Drinkable |
🔌 Power | 230V, 50Hz, 🔌 Type C/F sockets |
📶 SIM Card | Providers include T-Mobile, Vodafone, and Digi, offering various prepaid options. |
💳 Banking for Expats | Popular payment methods include bank cards, Revolut, and Wise. |
🛌 Accommodation | Options include Airbnb, local rentals, and hostels. Average monthly rent for a one-bedroom apartment in the city center is around €600. |
💳 Cashless Friendly | Yes, cards accepted widely. |
🏠 Short Term Rentals | Airbnb and local real estate agencies are popular for short-term stays. |
🛏️ Budget Accommodation | Hostel Klauzál, starting at €10 per night. |
Working and Networking
🏢 Best Coworking Space | KAPTÁR is a popular coworking space located in the heart of Budapest. |
☕ Best Cafe for Work | Caffè Torino offers a great atmosphere with reliable WiFi for remote work. |
💼 Networking Events | Meetups held regularly via Meetup.com and expat groups on Facebook. |
🥂 Social Events for Expats | Budapest Expat Meetup groups on Facebook and regular gatherings at Szimpla Kert. |
Transportation
🚕 Best Taxi/Ride App | Bolt and Főtaxi are popular apps for ride-hailing. |
🚲 Bike/Scooter Rental | Lime and Donkey are available for electric scooters; bike-sharing options include MOL Bubi. |
🏖️ Best Beach Nearby | Lake Balaton is a 1.5-hour drive but offers beach access. |
✈️ Top Regional Airline | Wizz Air operates numerous regional flights. |
✈️ Top International Airline | Lufthansa and KLM offer major international connections. |
🛣️ Highway Access | M1 and M7 highways provide major road connections. |
🚉 Main Train/Transit Hub | Keleti Pályaudvar is the main train station in Budapest. |
🚍 Public Transport Passes | Budapest offers monthly passes for approximately 9,500 HUF. |
✈️ Regional Travel | Train (MÁV) services to nearby cities like Szeged and Eger. |
Health and Wellness
🏥 Best Hospital | Semmelweis University Hospital is a well-known healthcare facility. |
🧘 Yoga & Wellness Centers | Yoga Revolution offers various classes and wellness programs. |
🏋️ Gyms & Fitness Centers | Fitness of World has several branches across the city. |
🧺 Laundry Services | Laundromat Budapest provides self-service laundry facilities. |
Food and Drink
📱 Best Food Delivery App | Foodpanda and Wolt are popular for food delivery services. |
🍽️ Best Local Dish to Try | Gulyás (goulash) is a must-try traditional dish. |
🍱 Vegan/Vegetarian Options | Great restaurants include Kozmosz and Napfényes Étterem. |
🍫 Best Dessert Spots | Gerbeaud Café is famous for its traditional pastries. |
🛒 Affordable Shopping Spots | Great Market Hall for budget-friendly local produce. |
🛒 E-commerce/Online Store | Alza and eMAG are popular online marketplaces. |
🛒 Grocery Delivery | Tesco and Auchan provide delivery options. |
🍸 Bar/Nightlife Area | Ruin bars in the Jewish District, especially Szimpla Kert. |
🍻 Local Brewery | Élesztő is a well-known craft brewery to visit. |
🍷 Wine Bars | The Wine Bar in Buda offers a fantastic selection of Hungarian wines. |
🍲 Street Food Stalls | Karavan Street Food offers a variety of local and international options. |
🍕 Popular International Cuisine | Restaurants like Pizza Me serve great international dishes. |
Culture and Attractions
🎟️ Must-See Landmarks | Buda Castle and the Chain Bridge are essential sights. |
🏛️ Museums & Art Venues | The Hungarian National Museum is renowned for its collections. |
🏰 Historical Sites | Heroes' Square and the Fisherman's Bastion are significant historical sites. |
🕍 Religious Sites | St. Stephen's Basilica attracts many visitors for its architecture. |
🎉 Annual Events | Budapest Wine Festival and the Christmas Market in December. |
🎨 Cultural Districts | The Jewish Quarter is rich in history and culture. |
🎭 Theater Venues | The Hungarian State Opera House is famed for its performances. |
🛍️ Local Markets | Great Market Hall offers local crafts and food. |
🎼 Music Scene | Budapest has a vibrant music scene with venues like A38 Ship. |
🎨 Street Art | Explore street art at places like the Jewish Quarter. |
🧑🍳 Cooking Classes | Cooking with a View offers various Hungarian cooking classes. |
👩🎨 Art Galleries | Mücsarnok is a contemporary art gallery worth visiting. |
🕰️ Historic Buildings | Dohány Street Synagogue, the largest in Europe. |
🏴 Local Heritage | Hungarian heritage is deeply reflected in the culture and architecture around the city. |
Nature and Outdoor Activities
🌅 Nearby Nature Escapes | Buda Hills offer hiking trails and nature experiences. |
🏞️ National Parks Nearby | Duna-Ipoly National Park is accessible from Budapest. |
🚲 Cycling/Walking Paths | The paths along the Danube River are popular for cycling and walking. |
🌄 Scenic Viewpoints | Gellért Hill offers panoramic views of the city. |
🦉 Birdwatching Locations | The wetlands of the Danube Bend are great for birdwatching. |
🔥 Bonfire-Friendly Spots | Designated areas in the Buda Hills allow bonfires. |
Other Services and Amenities
📦 Parcel Delivery Service | Hungarian Post and DHL offer reliable services. |
🛠️ Tech Repair Services | iFix offers quality repairs for electronic devices. |
🏓 Table Tennis Spots | Playgrounds in public parks often have table tennis tables available. |
🧑🏫 Language Classes | Language schools like Budapest Language School offer Hungarian courses. |
📚 Libraries & Study Spots | The Metropolitan Ervin Szabó Library is a great place to study. |
🏘️ Community Centers | The Bethlen Square Community Center hosts events and activities. |
🕹️ Gaming Lounges | Game Fanatic is a popular venue for video game enthusiasts. |
🎰 Casino & Gaming Halls | Las Vegas Casino offers various gaming options. |
Business
🏢 Studio Purchase Price (City Center) | Approx. €3,300 per m² (e.g., 40 m² = €132,000) |
🏢 Studio Purchase Price (Outside City) | Approx. €2,500 per m² (e.g., 40 m² = €100,000) |
🏠 1-Bedroom Purchase Price (City Center) | Approx. €3,900 per m² (e.g., 60 m² = €234,000) |
🏠 1-Bedroom Purchase Price (Outside City) | Approx. €2,800 per m² (e.g., 60 m² = €168,000) |
🏡 2-Bedroom Purchase Price (City Center) | Approx. €3,600 per m² (e.g., 80 m² = €288,000) |
🏡 2-Bedroom Purchase Price (Outside City) | Approx. €2,400 per m² (e.g., 80 m² = €192,000) |
💼 Corporate Tax | 9% |
💵 Dividend Withholding Tax | 15% |
🏦 Tax System | Progressive tax system based on income. |
📈 Highest Income Tax Bracket | 15% |
🧾 VAT | 27%, the highest in Europe. |
🌐 Controlled Foreign Company (CFC) Rules | Yes, applicable for certain income types. |
🏠 Property Tax | Yes, based on property value and local regulations. |
🏠 Property Transaction Tax | Transaction tax is generally set at 4%. |