Agent Contact: Team Lindenberger Immobilien GmbH

Check out the 3D tour at the link below:

3D Viewer

Bathroom

Investment: 30-50,000CHF

Complete renovation of existing bathroom to modernise the feel and bring in more natural light. Removal of solid dividing walls separating the powder area and the wc/shower/bath will make the bathroom feel huge!

Kitchen

Investment: 50-80,000CHF

This area can of the apartment can be opened completely up to give an open plan. Removal of the wall between the existing dining room and kitchen would make a huge difference to the feel of the space.

Flooring

Investment: 15-30,000CHF

This is an easy one and I am sure everyone would agree... remove those outdated tiles and invest in some beautiful oak parquet and new skirting boards that would give this outdated apartment a warm and cosy feel.

Painting & Plastering

Investment: 15-25,000CHF

A freshen up of the walls and ceilings, Painting the wooden lining boards on the ceiling in the entry landing would give away the outdated clear varnished look.

Roof

Investment: 80-120,000CHF

A newly insulated roof is not 100% necessary (for winter) but might be worth consideration for the warmth in summer.

Electrics

Investment: 10-20,000CHF

Bring the electrics up to todays standard and be secure for the next 20 years!

Plumbing

Investment: Allowed for

General plumbing works to be allowed for in bathroom and kitchen works

Terrace

Investment: 5-10,000CHF

Modernising the terrace with a new fixed roof and modern floor and we're sure you will be spending 99% of your free time out there!

Windows

Investment: 15-35,000CHF

New velux windows with up to date accessories like solar blinds, remote control, rain sensors, bluetooth would be a huge investment for this apartment.

Estimated cost bracket of: 220-370,000CHF

It's an investment.

Over the past decade, property prices in the 4055 Basel area have experienced significant growth.

Specifically, over a 10-year period, apartment prices have increased by 40.7%, and over 20 years, the increase has been 103.9%.

Currently, the average price per square meter for apartments in 4055 Basel is 10,841CHF.

For instance, Wüest Partner forecasts annual price increases of 3.4% for privately owned apartments and 3.0% for single-family houses in 2025.Similarly, other analyses suggest that apartments may appreciate by around 3.79% per year, while houses could see annual increases of approximately 3.10%.

These estimates suggest a cumulative increase of approximately 18.3% over five years.However, it's important to note that these projections are based on current trends and are subject to change due to various factors, including economic conditions, interest rates, and housing demand.