Budapest XII. kerület, Mártonvölgy utca For sale family house

Rarity in the Market

For sale: a 367 m² family residence set on a spacious, mature, tree-lined 1,370 m² plot, located on Mártonvölgyi út, one of the most sought-after streets of Mártonhegy in Budapest’s District XII.

The house was originally built in the 1970s and renovated in 2000. It now requires further modernization. The property enjoys partial panoramic views, with glimpses of the city, including the Citadel and Buda Castle. However, the atmosphere is primarily defined by the beautiful garden and the mature greenery of the surrounding gardens.

The property was originally built as a two-unit semi-detached house. The current owners have opened the two units into one residence, but the original semi-detached layout can be restored. The property itself is also registered under two separate cadastral numbers.

The 239 m² living area is arranged over two floors and features numerous large terraces. In addition to the living room, there are six bedrooms, four bathrooms, a kitchen and a pantry.

The 128 m² garage level is at ground level when viewed from the garden, with only the rear section situated below ground. This level includes two garages, extensive storage areas, a laundry room and a fitness room.

The 1,370 m² plot is fully serviced and located in the Lke-3/D-3 zoning district. According to the applicable zoning regulations, the maximum site coverage is 15%, the maximum building height is 6.5 m, and the permitted gross floor-area ratio is 0.35. A maximum of four residential units may be developed on the property, or this number of units may be created within the existing building.

The property offers a wide range of possibilities: it can be used or redeveloped as a private residence, semi-detached house, four-unit condominium, or for business purposes, such as a company headquarters.

One thing is certain: the location is exceptional. Situated in one of the most sought-after areas of inner Buda, in District XII, the property offers peace, privacy and lush green surroundings while remaining conveniently close to the city centre.

The frequently running buses on nearby Fodor Street reach the vibrant heart of Budapest in approximately 15 minutes, using the dedicated bus lane. The area is home to numerous international kindergartens and schools, grocery stores and shopping centres, including Hegyvidék Shopping Centre and MOM Park.

The neighbourhood is also highly sought after by embassies and diplomatic missions, making rental use as part of an investment or development project a realistic option.