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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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€ 200,000 - Finca in Casabermeja

Ref: 667
Built: 160 m² Bedrooms: 4 Electricity: Yes
Terrace: 130 m² Bathrooms: 2 Water: Yes
Land: 8,500 m² Pool: No Phone: Yes

Fully restored finca with beautiful gardens in secluded location. This is a typical Andalusian finca, with lots of character. The house comprises a living room, a large open plan kitchen/dining room, four bedrooms and two bathrooms.

Outside are several terraces in a beautiful garden, on a large plot of land. The property is very privately located in a small valley, and yet it's only a short distance away from the white village of Casabermeja. The views from the house are very nice.

Casabermeja is a lifely little town, close to the motorway that offers a quick connection with Malaga city, the international airport and the Mediterranean Sea. Ideally located for daily commuting.

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Alcaucin
€ 200,000
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