Liberty Square is located downtown, district V Lipótváros, in the the business district.
This is one of the most beautiful squares in Budapest: whichever direction you look from this multiple-angled square, you will see magnificent buildings, most of which are freshly renovated or cleaned. At the roof level there are sculptures, nicely decorated facades, on the pavement level there are police wardens and running-by dogs and a playground, below there is a four-level carpark. The latest installment at the square are an interactive fountain and a statue of Ronald Reagan erected in 2011. The interactive fountain is extremely popular: one can walk in its flat square-shaped territory and the water jets up when stepping off certain stones and stops when stepping on them.