Budapest - For sale Flat
XII. district, Istenhegy, Fogaskerekű utca
68 m2
159.000.000 HUF
357550
Renovated Panoramic Apartment with Terrace in Budapest's Prestigious District XII
Description
Some homes do not need to pretend to be anything more than they are. Their greatest strengths speak for themselves: an exceptional location, a meticulous renovation, panoramic views, a generous terrace, modern mechanical systems, and the tranquillity of a well-maintained boutique condominium.
Located on Fogaskerekű Street, in one of the greenest and most desirable residential areas of Budapest's prestigious District XII, this beautifully renovated 68 m², three-room apartment offers two bathrooms, an 11 m² panoramic terrace, and breathtaking views towards the Rózsadomb (Rose Hill) area.
Asking Price: HUF 159,000,000
Why is this property special?
This is not a property that will require future renovation or additional investment. Instead, it is a home that underwent a complete reconstruction in 2025, where attention was paid not only to aesthetics but also to the costly technical elements that truly matter.
The renovation included:
• brand-new exterior and interior windows and doors
• complete replacement of the electrical system
• entirely new plumbing and mechanical systems
• new air-conditioning
• restored hardwood parquet flooring
• new ceramic floor and wall tiles
• custom-built storage solutions
• bespoke interior doors
The apartment follows a refined minimalist design philosophy without feeling cold or impersonal. The beautifully restored original hardwood flooring in the living areas adds warmth and character, creating a perfect balance between contemporary elegance and timeless comfort.
The Atmosphere
The true highlight of the apartment is the seamless connection between the living room and the terrace.
From here, you can enjoy uninterrupted panoramic views towards Budapest's prestigious Rózsadomb district. It is the kind of view that transforms an apartment from simply being a collection of square metres into a home filled with beautiful morning light, spectacular evening city views, and the peaceful atmosphere that makes the Buda Hills so highly sought after.
The 11 m² terrace is far more than just a balcony—it is a genuinely usable outdoor living space and one of the property's greatest assets.
The practical three-room layout offers excellent flexibility and is perfectly suited for:
• a living room with a master bedroom and home office
• couples
• small families
• buyers looking for a guest bedroom or a dedicated workspace.
Technical Specifications & Quality Features
The apartment has been thoughtfully engineered to provide maximum comfort, with each area designed according to its function rather than relying on a one-size-fits-all heating solution.
Underfloor heating has been installed throughout the tiled areas, including:
• kitchen
• dining area
• hallway
• bathroom
• separate WC
The living areas featuring hardwood flooring are heated by radiators, complemented by heating and cooling air conditioning, ensuring year-round comfort.
Heating and domestic hot water are supplied by a programmable Bosch gas boiler, while the radiator system can be conveniently controlled remotely.
All newly installed windows are fitted with motorised external shutters, operated by remote control. The apartment is illuminated throughout with energy-efficient LED lighting.
The contemporary kitchen is fully fitted and equipped with high-quality built-in appliances, combining clean design with everyday practicality.
Special attention has also been paid to storage solutions. Custom-built wardrobes and cabinets provide dedicated space for clothing, shoes, household items and even the washing machine, ensuring that the apartment remains as functional as it is elegant.
The larger bedroom and the bathroom are connected through sliding doors, an intelligent architectural solution that maximises usable living space while maintaining a sleek, modern aesthetic.
Private Storage
The property also includes a renovated private storage room located on the ground floor.
Dimensions: 175 × 270 cm
This secure storage area is ideal for bicycles, suitcases, seasonal belongings, sports equipment or other personal items, providing valuable additional space rarely found in similar apartments.
The Condominium
The apartment is situated within an intimate nine-unit condominium, offering a peaceful residential environment with a welcoming sense of community.
The building is clean, well maintained and regularly cared for, while the residents enjoy a friendly and considerate atmosphere. The condominium's financial position is stable, with adequate reserve funds available for future maintenance and improvements.
Behind the building lies a beautifully maintained private communal garden, providing residents with a quiet green space to relax and unwind.
The monthly common charges are HUF 32,000, covering:
• cleaning of the common areas
• professional garden maintenance
• lighting of shared spaces
• communal water consumption
• contributions to the building's reserve fund.
Location
Fogaskerekű Street enjoys an excellent position in the heart of Budapest's prestigious District XII, offering the perfect balance between peaceful green surroundings and convenient city living.
The apartment is located in a quiet residential neighbourhood while remaining exceptionally well connected to the rest of the city.
Within just a few minutes' walk you can reach:
• Városmajor public transport hub
• János Hospital stop
• Orgonás stop of the historic Cogwheel Railway
The area is served by the Cogwheel Railway (Line 60) as well as several bus routes, providing quick and easy access to both central Buda and downtown Budapest.
Everyday amenities, including supermarkets, cafés, restaurants and local services, are approximately a ten-minute walk away.
The neighbourhood is also home to several highly regarded educational and healthcare institutions, including:
• Városmajor Secondary School
• Városmajor Primary School
• St. John Hospital
• Semmelweis University Heart and Vascular Centre
• District XII Pulmonary Care Centre
The location is particularly attractive for buyers seeking a quiet residential environment without compromising on accessibility.
Parking
Free on-street parking is available directly in front of the building and throughout the surrounding streets.
Who is this property ideal for?
This apartment is an excellent choice for buyers who appreciate quality and would rather move straight into a beautifully finished home than undertake a lengthy renovation project.
It is particularly well suited for:
• couples
• small families
• professionals working from home
• single buyers seeking additional space
• investors looking for a high-quality property in one of Budapest's most desirable residential districts
• anyone who values the privacy and tranquillity of a boutique condominium with only nine apartments.
A Home Ready for Its Next Chapter
Some properties require imagination.
Others simply invite you to move in.
Here, the hard work has already been done. The renovation has been completed to a high standard, the technical systems have been modernised, the interiors thoughtfully designed, and the panoramic terrace is ready to be enjoyed from the very first day.
All that remains is for its new owner to make it home.
For further information or to arrange a private viewing, please feel free to contact us at your convenience — including weekends.
Should I be unavailable when you call, I will return your call as soon as possible.
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