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Euribor Above 2% for First Time in 2 Years

Euribor (12 months), the interest rate generally used to calculate mortgage repayments in Spain, rose to 2.086 in April, a change of +8.4% compared to the previous month, and the first time Euribor has been above 2% since February 2009.

On an annualised basis, Euribor is 70.3% higher than it was a year ago (see graph above), meaning higher monthly repayments for borrowers with mortgages resetting now.

Repayments for a typical mortgage (150,000 Euros, 25 years, Euribor +0.25… full article

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Sold - Town house in Almogia

Ref: 376
Built: 120 m² Bedrooms: 3 Electricity: Yes
Terrace: 40 m² Bathrooms: 2 Water: Yes
Land: 311 m² Pool: No Phone: Yes

This attractive villa is walled and fenced, sitting on a nice plot at the edge of the village of Almogia. The property has a spacious entrance hall, which always provides an interesting disposition to a house, which comprises of a living room with an open fire place and hot and cold airconditioning fitted, three bedrooms, two bathrooms, and an new rustic kitchen with pantry.

Out side there is a dog kennel, garden with fruit trees and grapevine, and a barbecue. To the rear of the building is a patio which leads to a store room. Newly fitted is a landline and internet connection. The property can easily be adjusted to your own taste. Ideal for a family with children, but also for your pets.

The drive form this village to the city of Malaga or the airport takes about 25 minutes. The area around Almogia is very popular and more and more people discover it's attractive prices in comparison with the coast. Here you still get value for money. A good place to start your own Spanish adventure.

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