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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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€ 212,000 - Villa in Comares

Ref: 636
Built: 95 m² Bedrooms: 2 Electricity: Yes
Terrace: 75 m² Bathrooms: 2 Water: Yes
Land: 8,400 m² Pool: Yes Phone: Yes

A modern country villa with conservatory and private swimming pool in Comares.

The villa comprises of a living room with wood burning stove, a fully fitted kitchen with appliances, two bedrooms, two bathrooms, and a conservatory. Outside, there is a kidney shaped swimming pool, an open-air bar and dining area, and a storage room.

The plot immediately surrounding the villa has landscaped, low maintenance gardens and several terraces, and beyond that there are two acres of land. The property has mains water and electricity, a well, a water deposit with a capity of 10,000 litres. There is a broadband internet connection as well.

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