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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 - Town house in Rosario

Ref: 605
Built: 175 m² Bedrooms: 5 Electricity: Yes
Terrace: 75 m² Bathrooms: 4 Water: Yes
Land: 250 m² Pool: No Phone: Yes

This renovated town house has been designed as a Bed & Breakfast. From the street you enter a cobbled hall onto the main room with open fire place, which would be ideal as a breakfast room and lounge for your guest. The front part of the house has two double bedrooms with ensuite bathrooms upstairs, and a third bedroom downstairs.

The breakfast room has French doors out to the patio, and two-way swing doors to the adjacent kitchen. The new and fully fitted kitchen exposed beams, built-in electric oven, large fridge/freezer and lots of cupboard space. At the far end is a laundry area and a bathroom.

Stairs go from the kitchen up to the owner's accommodation consisting of lounge with quarry floor tiles, feature beams, a large window overlooking the patio and French doors out to the mid terrace, and a bedroom or study with a window overlooking the patio. There a stairs up to the large main bedroom which has three windows, an en-suite bathroom and a dressing with room with lots of shelving.

Outside is a very large tiled patio with a built-in barbecue and storage area, and is accessed from both the main room and the kitchen. There are stairs to the middle and upper patios surrounding an mature palm tree. There is plumbing in place on the top patio for a summer kitchen, a storage room and access to the loft for extra space.

The property has three phase electricity, telephone, internet connection, mains water and sewage. The front part of the house has recently got a new roof and the property has been totally re-wired. There are new double glazed windows with blinds throughout.

The main part of the town is only 5 minutes walk where you will find all amenities and open countryside just a few minutes away. The village has all amenities, shops, bars, pool, schools, 24 hour medical service et cetera.

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