5 room Apartment in Basel

Initial situation and condition of the purchase object In a central and yet quiet location on Mostackerstrasse 16 in Basel, we present to you a spacious 5-room apartment with attractive development potential. The property convinces with its excellent micro-location: in just a few minutes' walk, you can reach the Spalenberg and are thus directly in the heart of Basel's old town.The apartment offers an ideal basis for individual living dreams and is aimed at both owner-occupiers with a desire to design and investors with an eye for development potential.The purchase object (special right) was originally conceived as two separate 2.5-room apartments. In today's usage, the two apartments are internally connected and present themselves as a spacious, connected apartment with interesting floor plan potential.In terms of land registry law, the two original apartments are registered as one special right and form a unit per floor. A separate sale of one of the two apartments is therefore not possible.The existing structure, however, offers versatile usage perspectives and provides attractive opportunities for reorientation and upgrading of the living space, especially for buyers with individual design wishes.The apartment is currently only conditionally ready for occupancy. There is a backlog of renovation needs. In particular, measures are required to meet today's demands for comfort and living quality. The necessary investments were taken into account when determining the selling price and thus offer an interesting starting point for value-enhancing adjustments.