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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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€ 160,000 - Town house in Trabuco

Ref: 668
Built: 150 m² Bedrooms: 4 Electricity: Yes
Terrace: 40 m² Bathrooms: 1 Water: Yes
Land: 0 m² Pool: No Phone: Yes

An unusual town house with patio and roof terrace in Villanueva del Trabuco. The house house a couple of nice suprises in store, such as the room on the top floor. It is currently in use as a second living room, but it would also make for a great master bedroom, with adjacent roof terrace with Jacuzzi.

The house comprises an entrance hall in use as office space, a living room, a fully fitted modern kitchen with dining area, three bedrooms, two bathrooms, and of course the room on the top floor which can either serve as second living room or fourth bedroom.

The kitchen gives access to the enclosed patio, which is fully tiled and offers a great space for potted Mediterranean plants, and and area for al fresco dining. The Jacuzzi on the roof terrace can be used summer and winter. Both the Jacuzzi and the furniture are sold separately.

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