What it is
Euro Interbank Offered Rate — the reference rate used to price most variable-rate mortgages in Spain. Spanish lenders typically set rates at Euribor + a margin (e.g. Euribor + 0.75%). Tracked monthly and annually; the 12-month Euribor is the most common reference for mortgage resets. This is a core term in the Costa del Sol property purchase process and one buyers frequently encounter during due diligence.
Why it matters for international buyers
Understanding Euribor is part of the standard due diligence framework for any foreign buyer purchasing on the Costa del Sol. A Spanish property lawyer (abogado) will handle the mechanics, but buyers who understand the term can ask better questions and interpret advice more accurately.
This entry is reviewed by the Listyco editorial team. It is not legal advice; instruct a Spanish lawyer for your specific position. Last reviewed April 2026.