Buckingham Palace, located in London, is the official residence of the British monarch and serves as the administrative headquarters. Originally built as Buckingham House in 1703, it was acquired by King George III in 1761 for Queen Charlotte. Over the years, the palace underwent expansions and renovations, becoming the London residence of the monarch in 1837 with Queen Victoria. Today, it is a symbol of royal hospitality and hosts state occasions, while also opening its state rooms to the public during certain times of the year. With its rich history and grandeur, Buckingham Palace remains a significant landmark in the heart of the city.