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
Only fifteen minutes from the city of Malaga and its international airport is this large, newly built country house on three floors in Casabermeja. It stands on a large plot and really combines the best of two worlds. It is out in the country and yet you will never feel completely isolated or lonesome in this small estate. The house itself offers incredible value for money and is priced to sell quickly.
The house comprises of a large living and dining room with a stone fireplace with built-in wood burning stove, a spacious and fully fitted kitchen with all electric appliances, 4 bedrooms with fitted wardrobes, 3 bathrooms, and a large garage with tiled floor and electric door. Two of the bedrooms have access to covered terraces.