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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 Riogordo

Ref: 628
Built: 175 m² Bedrooms: 3 Electricity: Yes
Terrace: 50 m² Bathrooms: 2 Water: Yes
Land: 220 m² Pool: No Phone: Yes

A spacious and cosy, authentic village house in a quiet street of Riogordo. The houses comprises an entrance hall, a living room giving access to the garden, a separate dining room, and a kitchen and scully on the ground floor. Upstairs are three bedrooms, two bathrooms and a large roof terrace. Double garage doors give access to the garden direct from the street. So you can park your car in the street or behind closed doors on your own driveway.

The property is in excellent condition. The new kitchen has all necessary electric appliances, including a dishwasher. The scully offers enough space for a washing machine and a dryer, and it has a door to the garden. Both the living room and the dining room are accessible from the entrance hall through glazed wooden doors. The master bedroom has an en-suite bathroom.

The centre of the village of Riogordo is at walking distance from the house. Here you'll find all amenities for your day-to-day living necessities, such as shops, supermarkets, banks, schools, a library, bars and restaurants, and medical facilities.

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