Bright 3-room duplex apartment in quiet residential area

The condominium W11 is part of the double single-family house Mattweg 157 and 159 with 16 condominiums and an underground parking hall with a total of 65 parking spaces. The apartment itself is located within the building No. 159 on the 2nd upper floor and the roof floor and is designed as a two-storey maisonette apartment.

The condominium has a living space of approximately 91 m² (excluding outdoor / ancillary areas) and is spaciously designed. The two-storey floor plan of the apartment is very well structured and brightly laid out in terms of room layout. The actual living area with kitchen, living room and terrace extends over the roof floor. The lower floor contains the entrance to the apartment with a spacious entrance hall, a reduced area, a bathroom with a bathtub (including WC +toilet, tumbler), a separate toilet and two rooms.

The apartment is held under a building right.

The building right – the advantages for you as the buyer of this property

• Low investment costs: Since the cost of the land is not included, the acquisition costs for the home are significantly lower.
• Lower financing requirements: You need significantly less equity for the purchase of a property and are therefore burdened with a lower mortgage.
• Home ownership despite no land ownership: You are and remain the owner of the building and can sell or bequeath it at any time like a classic property.
• Tax deductions: The annual building right rent can be deducted as a permanent charge in the canton of Basel-Landschaft and is not taken into account when calculating the self-occupation value.
• Long-term use: The current contract runs for 50 years (until 2076) and can then be extended. This means absolute security across generations.
• Long-term use: The current contract runs for 50 years (until 2076) and can then be extended. This means absolute security across generations.

Conclusion
Thus, the building right is a classic win-win situation for both parties (the grantor and the grantee) to enable real estate purchases even at high land prices.