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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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€ 165,000 - 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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