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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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€ 158,500 - Town house in Colmenar

Ref: 691
Built: 172 m² Bedrooms: 3 Electricity: Yes
Terrace: 50 m² Bathrooms: 2 Water: Yes
Land: 219 m² Pool: No Phone: Yes

A very cosy and neat town house with plenty of space inside and out. You could even have a pool here. Some furniture will stay in the house, which is ready to move in to. It's a great holiday home, but you will be tempted more than once to come and live permanently in this bustling little town where Spanish country life is at its best.

The house comprises a spacious entrance hall with steps to the upper floor, a cosy country kitchen, a living room with separate dining area, three bedrooms and two bathrooms. It features original elements, such as wooden doors and windows, and a balcony and storage space. The property has a large garden with several terraces lush greenery.

If you are looking for a country property close to a village, you should see this village house first. It has all the benefits of a town house, with shops and a interesting social life just around the corner. But it's also on the edge of the village, with its south-facing garden and gorgious views of the Montes de Malaga. So this property has two faces that you can enjoy both at the same time.

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