In the news

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

Previous Headlines

€ 109,000 - Town house in Illora

Ref: 497
Built: 120 m² Bedrooms: 3 Electricity: Yes
Terrace: 11 m² Bathrooms: 1 Water: Yes
Land: 0 m² Pool: No Phone: Yes

A nice, three bedroom village house in Illora, in Granada. The house comprises a living room and a salon, which could be converted into one large living space, a fully fitted kitchen, three bedrooms, a fitted and tiled bathroom. The house has a roof terrace, a garage with indoor access, and a traditional wine cellar with outdoor access. The property can be purchased fully furnished, in which case you would have to add another 6,000 euros to the asking price.

Illora is a small town of 10,000 inhabitants in the province of Granada, at about twenty minutes' driving distance from the airport and the city of Granada, 35 minutes to the Sierra Nevada and about an hour to the beach. In winter, you could go skiing in the morning and work on your tan on one of the beaches in the afternoon. Illora has everything you need, such as schools, shops and supermarktets, banks, a medical centre, and bars and restaurants.

+ Add to shortlistRequest more info

View similar properties

Colmenar
€ 120,000
More info »
Trabuco
€ 125,000
More info »

Location map


 

Tools

Download property brochureDownload
brochure
Print
this page
Email
this page
Add to
shortlist
Review
shortlist
Turn sound
off

Our clients...

Exchange rates

1 Euro = 1.31 US$
1 Euro = 0.83 GB£

Display prices in £ | $