Budapest II. kerület, Frankel Leó út For sale brick apartment

Unique, split-level apartment with two separate entrances for sale on Frankel Leó Road

Located on Frankel Leó Road in Budapest’s District II, we offer for sale an 83 sqm, 2+1 room apartment spanning two internal levels. It is in need of renovation and boasts magnificent views of Zsigmond Square, the Danube, Margaret Island, and the wooded, green areas of Rózsadomb.

The third floor features a 33 sqm living area with a private bathroom and a 2.5 sqm balcony. The upper level—created via an attic conversion—measures 50 sqm, includes its own bathroom, and has a separate entrance accessible from the fourth floor. Although the two levels share a single title deed and have separate entrances, they were previously connected and can be used as a unified space.

The upper level’s atmosphere is made truly special by its attic design and an adjoining 15 sqm covered terrace. Facing the wooded areas of Rózsadomb, the terrace offers unparalleled tranquility, fresh air, and the sound of birdsong in one of Budapest’s most sought-after neighborhoods. By enclosing this terrace, the upper level could be expanded into a 65 sqm living space.

This property, which features two bathrooms, comes with a 6 sqm storage unit shared with another property (with the option to purchase full ownership). The monthly common cost is 20,000 HUF. The condominium and the resident community are exceptionally well-maintained.

The two separate entrances, two bathrooms, and the layout allowing the spaces to be opened up into one offer the future owner rare flexibility. The property can be used as two independent apartments or converted into a unique duplex home; it is also suitable for combining a residence with an office or studio, creating an artistic/creative living space, or serving other business or investment purposes.

While its current condition calls for renovation and reimagining, this very fact presents an opportunity to create a modern urban home, a creative space, a studio, or a high-value investment. It is particularly appealing to those seeking a property in a prime Buda location that offers expansion potential, a Danube panorama, views of the forest, and a connection to a green environment. It is an ideal choice for anyone wishing to create a unique home in a pleasant, livable part of Buda, or for those looking for an exceptional property—rather than an ordinary one—that offers scope for ideas, inspiration, and future appreciation in value.

Transport links are excellent. Tram and bus lines are available nearby, and both Margaret Bridge and Árpád Bridge can be reached within approximately 15 minutes.

Asking price: 124 million HUF.

Please feel free to contact me with any questions.