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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 Colmenar

Ref: 517
Built: 250 m² Bedrooms: 4 Electricity: Yes
Terrace: 30 m² Bathrooms: 2 Water: Yes
Land: 200 m² Pool: No Phone: Yes

A spacious house with character at the perfect location in the village of Colmenar. It still needs to be finished, but then you'll have a juwel of a town house. There is a beautiful staircase up to a turret-like room. An important advantage of having to finish off the building is that you can do it exactly to your own taste.

In Colmenar you will find everything you need, from groceries to furniture shops, from banks to medical care, bars, restaurants, schools, an internetshop, second hand books etc. There's a regular bus to and from Malaga, which is just a 25 minutes' drive by car, as is the international airport or the beach.

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Colmenar
€ 215,950
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