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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 Colmenar

Ref: 593
Built: 108 m² Bedrooms: 3 Electricity: Yes
Terrace: 100 m² Bathrooms: 2 Water: Yes
Land: 9,500 m² Pool: Yes Phone: Yes

The villa is about 7 years old, but has been extended over time with eye for detail and perfection. A property that you would not want or need to change in any way. Ready to move in and to start enjoying life in the Spanish countryside. The villa has a telephone and internet connection.

The living space in the villa is optimal and we shall be happy to show you. You'll love to spend your time in the large living room or the very spacious covered terrace. This covered terrace is actually more like a semi-open second living room along the whole of the front side of the house. And in front of it is the beautifully designed garden, which will be easy to maintain. There will always be something blooming.

A villa to enjoy a cosy, homey hospitable life. There is an above-ground swimming pool next to the house. If you have little children, you can remove the stairs so there won't be any accidents, but you will still be able to have a refreshing dive.

A lot of work has been done around the house. There is a carport, a stone outbuilding to store burning wood, a separate room for you washer and drier and an outdoor shower room which could be converted into an outdoor kitchen, always useful for deepfrying or when when you want to organise big barbecue parties. The village of Colmenar is a 5 minutes' drive away and the city of Malaga and the international airport can be reached in 25 to 30 minutes.

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