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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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€ 220,000 - Country house in Casabermeja

Ref: 460
Built: 120 m² Bedrooms: 3 Electricity: Yes
Terrace: 50 m² Bathrooms: 3 Water: Yes
Land: 12,963 m² Pool: Yes Phone: Yes

A tastefully restored country villa with gorgeous views over a wide valley. Inside, you’ll notice the typical Andalusian details, such as the wooden window frames, the beamed ceilings, and the ceramic tiled floors.

The house comprises a living room, a kitchen, three bedrooms, two bathrooms and one shower room. One of the en-suites is actually a self-contained apartment with a kitchen and its own entrance. Great for your guests, or you can rent it out to make an income on the side.

Around the house are sunny terraces, several outbuildings, a barbecue, and of course the infinity pool. The property is located down a longer track, rewarding you every time you return home with the peace and quiet that have become all too rare these days.

The village of Casabermeja is a 10 minutes’ drive away, partly over a track, partly over tarmac road. The city of Malaga, the beaches and the international airport are at only 15 minutes driving distance from Casabermeja.

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