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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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Sale pending - Villa in Riogordo

Ref: 627
Built: 200 m² Bedrooms: 3 Electricity: Yes
Terrace: 75 m² Bathrooms: 3 Water: Yes
Land: 10,000 m² Pool: Yes Phone: Yes

This immaculate villa near Riogordo is finished to a high standard throughout. It consists of a lounge with dining area and a wood burning stove set in a fireplace, a fully fitted dining kitchen with gas hob, electric oven and all utilities. Three bedrooms with fitted wardrobes, and three fitted bathrooma with a bath or shower unit.

A concrete driveway leads to the paved terrace area at the side of the house. Here is a fully tiled and covered patio with with double wooden doors giving access to the huge living room. Along the front side of the house is a covered terrace with french windows and a barbecue, ideal for al fresco dining.

The villa has its own private pool of 8 x 4 metres, set in a tiled terrace at the side house opposite from the main entrance. Next to the pool is an outdoor shower unit. This lovely villa is ideal for anyone who wants to have a peaceful home set in the beautiful Spanish countryside with fantastic mountain views yet is situated at close distance from the village.

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Colmenar
€ 293,000
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