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Spanish mortgages affected by Euribor rise The Euribor rises to 4.1% in February Spanish households with an average mortgage of around 140,275 euros over 25 years will have to pay around 90 euros more at the end of the month as a consequence of the 17th consecutive rise in the Euribor. Calculated over a year this is over 1000 euros more per household. At almost 4.1% it is at its highest since August 2001. In 2006, 1,864,000 mortgages were granted, a figure 6.3% more than last year. The average mortgage is now more than 140,000 euros which is 12.6% more than 2005. The Euríbor is the most widely used interest index used by the banks when granting mortgages, most of which are taken out at a variable interest rate.

Rustic plot of aprox. 3.200 m2 completely fenced, with some orangetrees, irrigation water, electricity easy to connect. There is a house aof about 50 m2 to refurbish. Quiet area near Lepe and with good access. Price: 111.187,24 € (18.500.000)