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Euribor At Lowest Level On Record

Euribor (12 months), the interest rate normally used to calculate mortgage payments in Spain, fell 0.6% in February compared to the previous month. Euribor now stands at 1.225%, the lowest level on record. Euribor is 43% down over 12 months, and 77% down from its all time high of 5.393% in July 2008.

As a consequence of the latest reduction in Euribor, repayments on a typical annually resetting mortgage (150,000 euros, 25 years, Euribor +0.75%) will fall by around 65 Euros a month, or… full article

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€ 269,950 - 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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