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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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€ 180,000 - Town house in Comares

Ref: 531
Built: 275 m² Bedrooms: 5 Electricity: Yes
Terrace: 20 m² Bathrooms: 3 Water: Yes
Land: 0 m² Pool: No Phone: Yes

This is a very large semi-detached village house offering an incredible amount of space and, hence, possibilities. The property is of exceptional quality, and if you take into account the total built surface, than you can only come to the conclusion that the selling price is very attractive.

The house comprises four levels to be used in whichever wayt you like. You could use the two upper floors as you living space, but there is also a so called 'entreplanta' all ready to be used. So if you want to work at home, this would be a good opportunity.

The house has a huge garage on the lowest floor, with enough space for at least four cars, for a workshop or anything else. The property offers gorgeous views over the Mediterranean Sea and the town of Comares, with its pleasant centre at walking distance.

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