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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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On application - Country house in Trabuco

Ref: 539
Built: 190 m² Bedrooms: 4 Electricity: Yes
Terrace: 44 m² Bathrooms: 3 Water: Yes
Land: 900 m² Pool: No Phone: Yes

This authentic Andalusian farm house has been restored in style and is really worth viewing if you're looking for the piece and quiet of Spanish country life, with an occasional chat with a friendly neighbour. The area is mountainous and stunning, dubbed the Pyrenees of the South for good reason. And although this really is rural Spain, the house is very easy to drive to.

This is an old farm house, completely renovated and ready to be used as a wonderfully large home or, if you want to, you could run it as a Bed and Breakfast right away, with four bedrooms on the first floor. There is one en-suite bedroom, and the other bedrooms share two bathrooms. And upstairs is a very spacious landing. Downstairs, the house comprises a spacious living room with wood burner, a separate dining or breakfast room - useful for your B&B, and a fully fitted kitchen. Finally, there is indoor parking space.

In this tiny hamlet, with only a handful of Spanish neighbours, you'll occasionally run into a friendly pig, owned by one of the neighbours. Or a couple of free-range chickens, experimenting with ecological gardening on your doorstep. That's what rural country life is about, the sensation, the sounds, the smells. It's all there: rural Spain at its best.

+ Add to shortlistRequest more info

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