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Definitely not.
Pelago fitting system is so adaptable, you can get it to sit perfectly regardless of fork/geo.
I've seen a photo of that basil one and it was about a foot above the front wheel. Completely unadjustable.
If you want cheap get a minoura gamoh porteur, really well built and fits quite well... Not as good as pelago.
The Basil Portland seems good value at 50 euros
https://www.bike24.com/1.php?content=8;product=130486;menu=1000,5,79;mid=0;pgc=0;page=5