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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 Sedella

Ref: 419
Built: 45 m² Bedrooms: 1 Electricity: Yes
Terrace: 12 m² Bathrooms: 1 Water: Yes
Land: 0 m² Pool: No Phone: Yes

A sensibly restored village house right in the middle of Sedella. It comprises an oblong living room, an open plan kitchen, a large bedroom, a spacious bathroom and a lovely roof terrace with views over the village. The house is located in one of those little typically Moorish street with no traffic, and you can park you car a bit further down the road. An ideal holiday home, or a pied-a-terre in the mountains, but also a very suitable buy-to-let.

This town house can be bought as part of a package with village house 421 and village house 420. If you are interested in buying two of them, or the whole lot, then we can offer you a substantial discount.

The house is in a quiet spot in the village of Sedella, at about half an hour from the coast. Sedella is a typical Moorish town, filled with examples of Mudejar architecture, with narrow and winding streets that carry the stamp of the Moorish village. Its altitude provides wonderful views over the beautiful countryside around the village, and from here one can see the Sierra Tejeda Mountains, the Mountains of Bentomiz and one clear days, the Atlas Mountains across the Mediaterranean.

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