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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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€ 387,500 - Villa in Riogordo

Ref: 644
Built: 185 m² Bedrooms: 4 Electricity: Yes
Terrace: 120 m² Bathrooms: 2 Water: Yes
Land: 3,000 m² Pool: Yes Phone: No

Yet another gourmet property that we have managed to find. A perfect villa and an excellent choice for those who have a hard time finding a property up to their standards. The house is extremely well built, and at the best location. It enjoys impeccable views and just enough track to provide complete privacy and tranquility.

The villa comprises of a living room with fireplace, a fullly fitted kitchen, four spacious bedrooms - one of which with ensuite bathroom, and a second bathroom. The house has a basement, and you could create a fair size apartment there if you wanted to. But the main house itself offers plenty of space as it is.

Outside, you'll appreciate the fence around the swimming pool for added safety, especially important if you have small children or plan to let the house to holiday makers. There are several terraces, a fixed barbecue, and nicely landscaped gardens on this plot of mostly flat land.

+ Add to shortlistRequest more info

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Benalmadena Costa
€ 439,800
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