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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 - Villa in Rosario

Ref: 587
Built: 200 m² Bedrooms: 6 Electricity: Yes
Terrace: 150 m² Bathrooms: 5 Water: Yes
Land: 2,800 m² Pool: Yes Phone: Yes

Ideal for anybody looking for a wonderfully large family home to start a new stage in your life, but also extremely suitable to rent out rooms or to start a Bed and Breakfast. This villa near the village of Villanueva del Rosario makes it all possible.

The commercial possibilities of this property are evident. As a guest, you'd immediately feel that you're staying at a beautiful and prestigious home, small-scaled and well maintained. The bedrooms of the property are located in different zones of the house. One very large bedroom with en-suite bathroom would be perfect as your private bedroom, because it is on its own in a separate part of the house.

The other bedrooms, suitable for use as a B&B, are located at the other side of the house and are accessible through a central hallway. These bedrooms all have en-suite bathrooms. Furthermore, the former garage has been converted into a studio, and here too you'll find a spacious bathroom.

The plot surrounding the house has been turned into a beautifully landscaped and well kept garden, with several fruit trees and lots of Mediterranean plants. At the back of the garden is a stone chicken shed, and a large vegetable garden. If you want to, you can eat strawberries from your own garden all year round here.

Enjoy a refreshing dip in the swimming pool, or the gorgeous views from the garden or the large roof terrace. The pool is heated, so it can be used the whole year round. The property is very easy to drive to, and if you are afraid of heights, then this is a good property for you. The villa offers lots of space, and is of very good building quality. Hence the higher price range, but well deserved.

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