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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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€ 485,000 - Finca in Montes de Malaga

Ref: 686
Built: 200 m² Bedrooms: 4 Electricity: Yes
Terrace: 75 m² Bathrooms: 3 Water: Yes
Land: 64,000 m² Pool: Yes Phone: Yes

Fabulous finca set in its own private valley in the Montes de Malaga. In origin, this is an old property that been completely restored over the past few years. Its interior is quite unique in style, with spacious rooms, large windows, lots of lights and space.

On the ground floor, the house comprises a large reception room connected to the living room. The living room has large windows at either end, and a large chimney with wood burner. There is a spacious kitchen with french doors onto the garden. On this level, there are three bedrooms and one bathroom. From the reception room, steps lead down to the fourth bedroom with ensuite bathroom.

Next to the swimming pool is a little summer house en here you'll find the third bathroom. Surrounding the house is a beautifully landscaped garden with Mediterranean plants en several terraces. Lots of places to sit outside and enjoy the countryside and the peace and quiet. And yet the town of Casabermeja is only ten minutes away.

+ Add to shortlistRequest more info

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