Currently it is a street where the bitter cold of winter and the unbearable summer heat are both intensified by the constant rush of heavy traffic. However a recent statement by the municipality claims that Rakoczi ut is the next priority in the list of infrastructural reconstruction projects, where reduced car traffic, bicycle lanes, lines of trees, sophisticated bus lanes, and wide sidewalks (where cafes could spill over in good weather, can you hear the birds singing?) would ensure the environment is once again friendly and human.

Ferenciek Square and Baross Square (Keleti) is already under construction, Astoria, in between, will also be completed soon after. Property prices are shockingly low now, so the area is definitely set to be a high growth zone within the next three years.

By Andras Patkai, Entrepreneur, Founder and CEO of CE Invest Group, and expert blogger on real estate and property issues in Budapest and Bratislava.

This opinion does not necessarily represent the views of this portal, your opinion is welcome too via info@xpatloop.com