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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 - Country house in Colmenar

Ref: 583
Built: 120 m² Bedrooms: 3 Electricity: Yes
Terrace: 100 m² Bathrooms: 2 Water: Yes
Land: 10,000 m² Pool: Yes Phone: No

This is one of those villas in Spain of which your friends and family will immediately understand why you have chosen it. The house has a compact but fully equipped kitchen. It has been decorated with taste and focus on comfort, while the outside space in front and at the side of the house is remarkable. Really a beautiful and well built villa with breath-taking views of the Sierra Nevada.

The property is situated at the edge of the village of Colmenar, along a quiet track. All amenities are close by, and Colmenar is a lively village with may bars and restaurants. The drive to the motorway will take 8 minutes, and from there to the centre of Malaga another 15 minutes.

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