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Euribor falls to 1.3%

The Euribor has now fallen further to 1.3%, this is the lowest on record, and makes financing  your Los Cristianos property very favorable. With the interest rate so low, banks can now offer extremely good rates to customers looking for finance. Providing you can meet the criteria of the lendor, mortgages are widely available from many banks in Spain, and local banks in Los Cristianos. Property for sale has continued to fall, as the markets are still in turmoil, but this fall in the Euribor will certainly be welcomed. It will help to stabilize the economy, and the markets have welcomed it with open arms. Trading may well pick up, as it is certainly an excellent time to invest into the markets of Europe. We have already seen signs¡ from France and Germany of recovery, this will only spread across Europe and Spain will soon be on the list.

 The property market in Los Cristianos is purchase healthy, with many properties at below market value. Any budding investor would certainly see now is the time to invest into property, and see some fantastic future gains.


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C.C Bahia de Los Cristianos,
Local No.12,Avenida Juan Carlos I,
Los Cristianos, Arona, 38650,
Santa Cruz de Tenerife

(+34) 922 78 77 17 | (UK) 0844 734 8605
info@tate-properties.com

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