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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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€ 136,500 - Town house in Colmenar

Ref: 603
Built: 140 m² Bedrooms: 3 Electricity: Yes
Terrace: 40 m² Bathrooms: 2 Water: Yes
Land: 0 m² Pool: No Phone: Yes

This is a neat village property, not too small and not too big, all ready for you to move into. Suitable as a permanent residence, but really ideal as a holiday home too: if you lock the door, you leave your home without a worry. The house is sold fully furnished.

This town house comprises a living room with open plan kitchen and dining area, three bedrooms, and two bathrooms. There is a clever patio, providing extra light to all rooms adjacent to it. The upper floor gives access to a nice roof terrace with a built-in barbecue.

The location is just perfect. Close to the centre of Colmenar, with all amenities around the corner, and something always happening around the house. The roof terrace offers a great opportunity to observe life in a typical pueblo blanco. You'll never get bored here.

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