Set on the Hungarian plains and in romantic Budapest, the film follows Rose Barsony’s spirited dancer-singer and Wolf Albach-Retty’s young noble as they navigate love, song and national pride. When the aristocratic family’s fortunes are threatened by the heir’s prodigality, veteran estate manager Károly Sugár steps in to safeguard the daughter’s inheritance. Against a backdrop of blooded horses, vineyard laborers and patriotic pageantry, the couple’s romance unfolds through musical numbers and colorful travelogue sequences that celebrate Hungary’s landscape and culture.

The carefree squandering of Baron Inokay's wealth, the steward Gáspár Borly - who is called "the old scoundrel" behind his back - is rumored to have been stealing from the Baron's family for years and has amassed a large fortune. Baroness Mária Inokay, who was raised in Vienna and is destined to be Count Balassa, returns home. However, Mária loves her childhood playmate, Gáspár Borly's grandson. Old Borly is eventually convicted of the theft, but his will reveals that he only saved what he could and left all the valuables he had embezzled to Mária. After this, nothing can stand in the way of their previously seemingly hopeless love.