Are you dreaming of a new life in Budapest but unsure where to start?
Moving to a new city—especially one as rich in history and culture as Budapest—can feel overwhelming.
One common challenge many expats face is discovering that apartments often require significant renovations to meet modern living standards.
But here’s the good news: moving to Budapest is not just about adapting to a new city—it’s about creating a home that truly fits your lifestyle.
Whether you’re drawn by Budapest’s vibrant neighborhoods or its affordability compared to other European capitals, this guide will walk you through everything you need to know to make your move seamless. By the end, you’ll have a clear plan for starting your new chapter in Budapest, including how to turn your dream apartment into a space you’ll love to call home.
Keep reading to discover the key steps, insider tips, and renovation solutions that will help you transform Budapest from your next destination into your perfect home.
Why choose Budapest for your next home
Budapest stands out as a top destination for expats due to its affordability, vibrant culture, and high standard of living.
But what makes this city truly unique?
- Affordable real estate: Budapest offers competitive property prices compared to other European capitals, making it attractive for buyers and renters alike.
- Rich cultural heritage: With its mix of historical architecture and modern conveniences, Budapest combines old-world charm with contemporary living.
- Central location in Europe: Ideal for those who love to travel, Budapest’s position and excellent transport links make exploring Europe effortless.
Key advantages of living in Budapest
- Cost-effective lifestyle: Budapest combines world-class amenities with lower living costs compared to cities like Paris or Zurich.
- Investment opportunities: Historic properties and apartments with renovation potential offer significant value for money.
- High quality of life: The city balances modern infrastructure with green spaces and a slower pace of living.
Is Hungary a good place to live for foreigners?
Hungary is increasingly popular among foreigners due to its affordability, rich cultural heritage, and welcoming atmosphere.
The cost of living is significantly lower than in Western Europe, while the quality of life remains high, thanks to excellent healthcare, reliable public transport, and diverse recreational opportunities.
For expats, Hungary offers a blend of history and modernity, making it an ideal place to settle.
Additionally, the growing international community and friendly locals ensure that newcomers feel at home quickly.
Understanding the city’s charm: history, culture, and lifestyle
Budapest’s identity is deeply rooted in its history.
From the stunning Buda Castle to the iconic Parliament building, the city is a living museum.
Beyond its past, Budapest is alive with thermal baths, cultural festivals, and a growing expat community, making it a vibrant place to call home.
Legal pathways to move to Budapest
You are probably wondering: How can I legally move to Hungary?
Navigating the legal requirements for relocation can seem daunting, but understanding your options makes the process smoother.
Residency options for EU and non-EU citizens
Understanding the residency options for moving to Budapest is crucial to ensure a smooth relocation.
Depending on your origin, the process for obtaining a residence permit can vary significantly.
Below is an overview of the main pathways for both EU and non-EU citizens, outlining the key requirements and timeframes for each.
| Origin | Requirements | Documents |
|---|---|---|
| EU Citizens | Free movement within the EU allows for a straightforward relocation process. Registration with local authorities (e.g., obtaining a Residence Registration Certificate) is required within 90 days of arrival. | Residence Registration Certificate |
| Non-EU Citizens | Residency permits depend on your purpose—work, study, family reunification, or starting a business. Required documentation typically includes proof of income, valid health insurance, and a secured housing arrangement. | Proof of income, valid health insurance, secured housing arrangement |
Step-by-step guide to obtaining permits in Budapest
- Understand your eligibility: Determine which residence category (temporary or permanent) fits your circumstances. For example, a work visa requires an employment contract, while a student visa requires university admission.
- Prepare your documents: Gather all necessary paperwork, such as proof of financial stability, insurance coverage, and a rental or ownership agreement for housing. Translate documents into Hungarian if required.
- Submit your application: Work with local immigration offices (for those already in Hungary) or Hungarian embassies/consulates (for those applying abroad).
- Seek professional help: Relocation experts or immigration lawyers can streamline the process, help address language barriers, and reduce the risk of errors.
Additional considerations:
- Temporary vs. permanent residency: Non-EU citizens can often start with a temporary residence permit, which may be renewed or lead to permanent residency after a certain period.
- Tax residency rules: Moving to Hungary may require registering with the tax authorities. Be aware of tax obligations both in Hungary and your home country.
- Processing times: Start the process early to account for potential delays, especially for non-EU citizens.
5 tips to navigate the housing market in Budapest
Budapest’s real estate market is diverse but requires careful navigation to avoid costly mistakes.
- Explore districts with potential: Some areas, especially historic neighborhoods, offer properties with high renovation value.
- Budget wisely: Account for renovation costs alongside purchasing or rental expenses.
- Inspect before committing: Many apartments need updates to meet modern standards.
- Renovate with care: Personalize your space with professional services that address safety, comfort, and aesthetics.
- Work with experts: Partner with reliable real estate and renovation companies.
Renting vs. buying in Budapest’s diverse districts
While renting is a flexible option for short stays, buying a property in Budapest can be a smart long-term investment.
Consider districts like District V for its central location or District XIII for modern amenities and green spaces.
Moving to Budapest with a family
Relocating with children requires finding a home that meets family needs.
Key considerations include:
- Safety improvements: Renovate properties to include childproof features like secure staircases and safe outdoor spaces.
- Functional layouts: Create dedicated play areas or multifunctional rooms to suit family life.
- Outdoor living: Budapest properties often include courtyards or balconies, ideal for family use after simple upgrades.
With professional renovation services, your company can help families design spaces perfectly suited to their lifestyle.
The best districts to live in Budapest for expats
District V: The heart of the city
Known for its stunning architecture and proximity to key attractions, this district is ideal for professionals and couples.
District XIII: Modern living with green spaces
Combining modern housing options with parks and amenities, District XIII attracts families and young professionals.
District II: Quiet suburbs for families
For those seeking a peaceful environment, District II offers spacious homes and excellent schools. Renovation projects here often involve turning older villas into modern family homes.
Hidden gems: Affordable areas with high potential for renovation
Budapest’s lesser-known districts like District VIII and District IX offer affordable properties with renovation potential.
These areas are perfect for expats seeking a personalized home without overspending:
- Kőbánya – The industrial chic revival: Once an industrial hub, Kőbánya is evolving into a trendy area for young professionals and creatives. Its mix of old factories and new developments offers a unique aesthetic, with affordable property prices perfect for transforming large spaces into modern lofts or office spaces. As the area’s infrastructure improves, its appeal continues to grow.
- Újbuda (South Buda) – The affordable alternative to District I: Though often overshadowed by its more glamorous neighbors, Újbuda is becoming increasingly popular due to its proximity to the city center, green spaces, and relaxed vibe. The area offers relatively lower property prices while being close enough to Budapest’s heart, making it an ideal spot for renovating residential buildings and old villas into family-friendly homes.
- Csepel Island – Untapped waterfront potential: Located just south of central Budapest, Csepel Island is largely untouched in terms of real estate development. With large plots of land, many offering stunning views of the Danube River, the area is ripe for large-scale renovation projects, from converting industrial buildings into lofts to transforming waterfront properties into modern homes or boutique hotels.
- Angyalföld (District XIII) – Up-and-coming yet affordable: Angyalföld is shedding its industrial past and becoming a vibrant neighborhood popular with young professionals. Offering affordable housing options near major transport hubs, the area has great renovation potential, with classic Hungarian architecture and modern buildings providing opportunities to transform older structures into stylish apartments or office spaces. As more cultural and commercial developments emerge, property prices are set to rise.
Budapest’s real estate market is evolving, with older neighborhoods gaining investment. As young professionals and creatives move in, demand for affordable homes grows. Renovating these hidden gems offers an affordable entry into the market and a chance to be part of the city’s transformation.
Health, safety, and transportation in Budapest
Budapest offers high-quality healthcare services, reliable public transportation, and a safe environment, making it a practical and appealing choice for expats.
Is Budapest safe to live?
Budapest is widely considered a safe city for both residents and expats, with low levels of violent crime compared to other European capitals.
Most neighborhoods are family-friendly and well-policed, while petty crimes like pickpocketing are typically confined to tourist-heavy areas.
Public transportation is not only efficient but also secure, even during late-night hours.
Did you know? Hungary’s overall crime rate has been steadily decreasing over the past decade, and Budapest consistently ranks among the safest cities in Central Europe.
Local initiatives, such as neighborhood watch programs and community policing, further enhance safety in residential areas, ensuring a secure and welcoming environment.
How to turn your move to Budapest into a long-term success
Investing in a Budapest property is not just about comfort—it’s about value.
Renovating a home enhances your quality of life and increases its potential resale or rental value.
Opportunities for professional growth in Budapest
As a growing hub for startups, technology, and tourism, Budapest offers plenty of career opportunities for expats.
The city also has coworking spaces and networking events to connect professionals.
Tips for financial planning and investing locally
Smart financial planning ensures your move to Budapest is secure and profitable, consider:
- Work with local experts: Accountants and lawyers can guide you on tax regulations.
- Invest in renovations: Upgrading your property boosts both livability and value.
- Explore rental opportunities: Turn a secondary property into a steady income stream.
Moving to Budapest is an opportunity to create a home that perfectly suits your lifestyle.
Whether you’re settling into a family-friendly district or investing in a property with renovation potential, the key to long-term success lies in preparing your home before you arrive.
Let Reenova take the stress out of this process and start reshaping your Budapest apartment into a home you’ll love from day one!
With expertise in full apartment renovations, we reimagine spaces to create modern, functional, and beautiful homes tailored to your needs.