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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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€ 249,000 - Villa in Comares

Ref: 681
Built: 115 m² Bedrooms: 3 Electricity: Yes
Terrace: 100 m² Bathrooms: 2 Water: Yes
Land: 3,000 m² Pool: Yes Phone: No

A very nice, light and clean country villa near Comares. The property is ready to move into and it won't want much of your time on maintenance. The villa has a central hallway that gives access to the living room, kitchen, three bedrooms and a good size bathroom. The modern and efficient kitchen is fully fitted with all appliances.

Outside, there is a nice garden of just the right size. In front of the house is a large private swimming pool with incredible views over the valley and the Montes de Malaga. The property is accessed over a short track off the tarmac road. It would make an ideal holiday home, which could generate a substantial rental income if desired, because this is the kind of property that appeals to a lot of people.

That combined with the remarkably sharp price makes this an extremely desirable property. So if you are interested in this well constructed country villa, we can only advise you not to hesitate and contact us to make a viewing arrangement.

+ Add to shortlistRequest more info

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