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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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€ 260,000 - Town house in Trabuco

Ref: 634
Built: 240 m² Bedrooms: 4 Electricity: Yes
Terrace: 100 m² Bathrooms: 3 Water: Yes
Land: 100 m² Pool: Yes Phone: Yes

A large, tastefully decorated townhouse in Villanueva del Trabuco. This village house on two floors comprises an entrance hall, a living room, a dining room, a large and fully fitted kitchen, separate storage space and laundry room, with a beautifully tiled staircaise leading to a circular landing, which gives access to the master bedroom with huge ensuite bathroom, three more bedrooms, and a second bathroom.

Outside, there is a walled and tiled patio, whith a private swimming pool. Of course there is lots of space for potted Mediterranean plants, or you could remove some of the tiles and plant some shrubs or palmtrees.

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