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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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€ 275,000 - Town house in Casabermeja

Ref: 596
Built: 165 m² Bedrooms: 3 Electricity: Yes
Terrace: 10 m² Bathrooms: 3 Water: Yes
Land: 175 m² Pool: No Phone: Yes

A good size town house in excellent condition, with room for a swimming pool. The property comprises an living room, a spacious and charming country kitchen, three bedrooms, three bathrooms, and a big garden where you could have a swimming pool installed.

The large master bedroom has an en-suite bathroom, while the other two bedrooms share a bathroom. The third bathroom is downstairs, and you may want to decide to sacrifice that one to extend the adjacent living room.

The village of Casabermeja has quite a bit of entertainment to offer; there are several restaurants and tapas bars that are usually much frequented. At any rate not a place where you'll get bored. An ideal base of operations. From here, you can easily reach the motorway and go on great daytrips to the city of Málaga or the sea (25 minutes), Granada (an hour), Córdoba (an hour and fifteen minutes) and Seville (an hour and a half).

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