Unofficially called `The Capital of Lake Balaton`, Siofok, on the lake`s southern shore, is the most popular resort town on the lake, and the second most-popular vacation destination in Hungary in terms of visitors per year (over 200,000 each summer alone). Siofok is well-known for its extensive coastline, with 11 miles of beaches stretching to the north and south of town. Siofok Beach, the city`s main beach, is the most popular beach in Hungary. Siofok is home to clusters of hundreds of bars, nightclubs and restaurants, making the vacation destination one of the country`s most exciting nightlife hubs. Many Hungarian celebrities own homes in Siofok, and the city is one of the richest areas of Hungary.