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Euribor At Lowest Level On Record

Euribor (12 months), the interest rate normally used to calculate mortgage payments in Spain, fell 0.6% in February compared to the previous month. Euribor now stands at 1.225%, the lowest level on record. Euribor is 43% down over 12 months, and 77% down from its all time high of 5.393% in July 2008.

As a consequence of the latest reduction in Euribor, repayments on a typical annually resetting mortgage (150,000 euros, 25 years, Euribor +0.75%) will fall by around 65 Euros a month, or… 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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