Welcome to Budapest – city of history, stunning architecture and students. you are welcome to a vibrant culture. When you are thinking about where to go you should not skip District 5 or Belváros-Lipótváros. It is their city centre and also considered the richest district in Budapest. Here, avid readers will get to learn what sets District V apart from other areas and why you should visit this place.
Location and History
District V is located in the Pest side of the river, which is near the famous Chain Bridge. It extends from the Parliament Building down to the Great Market Hall which covers many important attractions.
The architecture of the area can be dated back to the medieval period: however the district has evolved through the years. During the Second World War, it was to a great extent damaged although later it was completely renovated. Today it has Gothic, Baroque, Art Nouveau, and even so-called Modernist architecture.
Why is District V the richest?
District V’s wealth can be attributed to several factors:
1. Business and Financial Center
Some of the leading national and international companies, banks and financial institutions operate in District V. It is one of Budapest’s commercial districts as a result of which numerous companies as well as offices are found here.
2. Premium shopping and luxury brands
For those keen followers of luxury shopping then District V will do much to please. Many fancy fashion houses, jewelers and internationally famous brands are situated in the well-known Vaszi Street. This is a shopper’s haven especially for those with an eye on the latest in fashion and designers.
3. Exclusive Residential Area
Thanks to the location and a beautiful view, district number five is very popular among citizens and clients. The district presents a wide choice of exquisite apartments and pent-houses for the wealthy clientele seeking comfortable living in close proximity to the city’s central business district.
Now that we’ve covered the reasons behind District V’s affluence, let’s take a look at some of the must-see attractions and activities in the district:
Most visited Area and Things to Do
1. Hungarian Parliament Building
The neoclassical style is one of the most significant symbols of the capital of Hungary. It is possible to take an officially guided tour to have a view over the interior of the parliament, the Hungarian Crown Jewels as well.
2. St. Stephen’s Basilica
Dedicated to St Stephen, the first King of Hungary the St. Stephen Basilica is one of the biggest cathedrals in Budapest famous for its size and for the view from the dome. In your case don’t fail to ascend to the top to get an excellent view of the city skyline.
3. Danube Promenade
Take a slow ambulation down the Danube Promenade, which is a stream side avenue from the Chain Bridge to the Elizabeth Bridge. Inspect the unique exterior of the Buda Castle now a Unesco world heritage site and the perfect view of the river.
4. Great Market Hall
Next unique and culinary experience you can try in Budapest, Great Market Hall. Find everything from local products, get acquainted with the Hungarian specialties and maybe buy some souvenirs to bring home.
5. Gozsdu Courtyard
Gozsdu Courtyard is more or less a bar and clubbing locality and is chock-a-block with lively energy. Eating and drinking places in the form of bars, restaurants and entertainment places are located in this traffic packed pedestrian zone.
Conclusion
Admittedly, District V is something that holds the key to Budapest. It is important for tourists to visit such a rich country with history and numerous attractions to get a gist about luxury tourism. Unlike most areas, this energetic sector can be characterized by luxurious design, luxurious shops, and a variety of options for both leisure and entertainment.
Therefore, whenever you decide to travel, Budapest is a city which should not be missed and when in Budapest, be sure to have enough hours on your hand to capture each bit of District V in terms of richness and enjoy the wonders of this district.