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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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€ 210,000 - Town house in Trabuco

Ref: 629
Built: 240 m² Bedrooms: 4 Electricity: Yes
Terrace: 25 m² Bathrooms: 3 Water: Yes
Land: 100 m² Pool: No Phone: Yes

A large, tastefully decorated townhouse in Villanueva del Trabuco. This village house on two floors comprises an entrance, a living room, a dining room, a large and fully fitted kitchen, with a beautifully tiled staircaise leading to a circular landing, which gives access to the four bedrooms, and three bathrooms.

There is a large indoor garage under the whole surface of the house, with enough space for a for, say, a classic car collection. Or you could convert it into a separate guest accommodation, or a workshop. Outside, there is a walled and backyard or patio with lots of space for a nice Mediterranean garden, complete with palm trees.

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