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

€ 299,950 - Country house in Colmenar

Ref: 582
Built: 200 m² Bedrooms: 6 Electricity: Yes
Terrace: 60 m² Bathrooms: 4 Water: Yes
Land: 800 m² Pool: Yes Phone: Yes

This detached, centuries-old fully restored farm house with letting possibilities stand in a great location. Even in winter, with just a few rays of sunshine, this is a great place to stay. The property is ready to move into, it doesn't need any work done whatsoever. Just try to imagine what the house will look like when furnished with your own personal belongings.

The property is divided into two separate living units, allowing you to earn a rental income from part of the property. The disposition of the property is such, that you can enjoy total privacy even when you have guests. The part of the house that we see as the rental apartment has three double bedrooms and three bathrooms, tow of which are en suite. Your private quarters have three bedrooms too, and one bathroom.

Both parts of the house have their own swimming pool. Neither of them is very large, but there big enough to take a refreshing dip. An advantage is that they warm up quicker in spring, so you can use them earlier in the year. One of the pools is also very suitable for children.

The house is located at about ten minutes' driving distance from Colmenar and 35 to 40 minuten from the centre of the city of Malaga, the beach and the airport. From the house you can make lovely trips through the valley, or you can go walking or biking in the Montes de Malaga natural park. A real holiday location.

+ Add to shortlistRequest 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 = 0.82 GB£

Display prices in £ | $

The weather