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 George III in 1761 for Queen Charlotte. Over the years, it has undergone renovations and expansions, becoming the iconic palace we know today. With its grand state rooms and historic significance, Buckingham Palace remains a symbol of royal heritage and tradition in the heart of the city.