According to new calculations made regarding the cost of renting an apartment in 15 major Spanish cities, it is now cheaper to buy a property than it is to rent. In none of the cities looked at did the cost of a mortgage equal more than 31% of an average family’s earnings. report, published by global real estate agency Century …
July Euribor at new record level
The Euribor, the main indicator for setting mortgage and interest rates, ended July at another record high of 5.393%.