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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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Sold - Apartment in Alcaucin

Ref: 673
Built: 100 m² Bedrooms: 2 Electricity: Yes
Terrace: 35 m² Bathrooms: 2 Water: Yes
Land: 0 m² Pool: No Phone: Yes

If you're looking to buy an apartment, then this one, that we hand-picked specially for you, is bound to become your favourite. It is spacious, has a large terrace, is in a great location, and enjoys beautiful views. It will beat all the others. Test us and book a viewing appointment now. But don't say we haven't warned you.

The apartment contains an entrance hall, a living room / dining room, a fully fitted kitchen, a hallway, two bedrooms with fitted closets and two bathrooms, one of which is ensuite. Each bedroom has access to a little patio. The living room has large sliding glass doors to the huge terrace with open views over the valley. Elsewhere in the apartment building is a storage room, and you'll have access to the private underground parking.

Having this apartment as your home, you would be close to the Mediterranean coast and the beaches, while the real Spain is lying at your feet. Literally. The views from the large terrace shows you we are right. The owners have chosen an asking price that reflects the current market conditions. An extra reason for us to advertise this excellent apartment.

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