Costa del Sol News Top News

Estepona announce €15 million budget for new hospital

ESTEPONA Council has announced that a third of its €15 million budget for the new state of the art hospital has been spent on the project. Works on the foundations, structure and roofing of the building are already well under way, and builders have begun to focus on interior walls and piping. Outdoor gardening work […]

Costa Blanca South News Top News

Murcia announces regional investment for treatment of rare diseases

MURCIA’S regional president, Fernando Lopez Miras, has announced a €12 million investment to treat rare diseases across the community. As part of the ‘Comprehensive Plan for Rare Diseases’ that was presented at the Palacio de San Esteban, it is expected that more than 100,000 people in the Murcia Region will benefit from this injection of […]

Costa Blanca South News Top News

€2 million tourism investment following Corvera Airport opening

TWO MILLION EUROS is being invested in promoting tourism to La Manga among a number of international tour operators, especially with the opening of the Corvera Airport. Plans are also being formulated to ensure that should the expected  boost to the area take place, hotelsmay be able to stay open during the low season. Speaking […]

Costa del Sol News

More than €1.5m investment for Costa del Sol town

THE year 2018 will start positively for the residents of Fuengirola, as the council has announced five renovation projects and an investment of over €1.5 million. The first initiative to be undertaken is a redevelopment of the streets Jacinto Benavente, Moreno Saithe, Heroes Heroes, a section of Matagorda and the main square. The work on […]

Extra investment on the buses
Costa Blanca South News Top News

Murcia to invest into bus service improvements

THE Murcia region’s Minister for Development, Pedro Rivera, has announced a grant of just under €80,000 for improvements to one of the most used bus services in the area. The €79,300 is part of a multi-million investment in public transport infrastructure for this New Year, and will be spent exclusively on the 52 route which […]

Auditorium to get €80,000 renovation investment
Costa Blanca South News

Auditorium to get €80,000 renovation investment in Cartagena

THE City of Cartagena is about to undertake a programme of works in the Parque Torres auditorium, the main venue of the La Mar de Músicas festival. The budget for the renovations is estimated at more than €80,000 and has a deadline of one month. Visitors will see improved dressing rooms, bathrooms, access points and […]

Churning… the worst enemy of your pension or investment portfolio
Money

Churning… the worst enemy of your pension or investment portfolio?

SO, before anyone asks, no I’ve not given up financial services to campaign against the dairy industry! Churning, in financial terms, is when a financial advisor persuades a client to buy or sell funds with the sole intention of generating commissions, rather than acting in the client’s best interests. This unethical practise is illegal in […]

Residents to decide the fate of €50,000 of their money 2
Costa Blanca South News

Residents to decide the fate of €50,000 of their money

THE MUNICIPALITY of San Javier has allocated a significant sum of its 2018 annual budget to projects that will be decided by the residents. Councillor for citizen participation, Catalina Pérez, and the councillor for finance Carlos Albaladejo announced the initiative after a recent meeting and said that an amount of €50,000 would be set aside […]

Money

John had no idea his investment fees were so high

LAST WEEK, a gentleman, we’ll call him John, (I’ve changed his name to protect his identity) came to see me. John wanted a second opinion on an investment plan he had set up when he first moved to Spain 5 years ago. Somehow, despite strong financial markets, John’s portfolio hadn’t made a penny this entire […]

Can I keep my ISA & Premium Bonds if I’m a Spanish Resident
Lifestyle & Leisure Money

Can I keep my ISA and Premium Bonds if I’m a Spanish resident?

The short answer to this is ‘yes’. It is a question I get asked regularly and whilst the answer to this question is yes, the answer to ‘Should I keep them?’ would be different as ISA’s and Premium Bonds (in fact the majority of NS&I products) are more hassle than they are worth when you […]

€70,000 shopping budget
Costa del Sol News

Benalmadena´s €70,000 shopping budget

BENALMADENA’S Council is handing over thousands of Euros in aid to small businesses. Councillor Javier Carnero, Victor Navas, the mayor of Benalmadena, Víctor Navas, and the president of ACEB, Rosa María Gonzalez, have reported on the funding, which is hoped will improve the competitiveness of small businesses. The €2.3 million overall budget will help businesses […]

homebuyer
Costa del Sol News Top News

€200 million post-Brexit Spanish property investment boom expected

MIJAS Council has announced it expects to receive hundreds of millions of Euros of investment from Britons buying up property locally in the next 10 years following Brexit. Juan Carlos Maldonado, Mijas’ Mayor explained, “this council team has managed to instil confidence in British buyers to come and spend their money in our municipality.” He […]

Costa del Sol News

€264,000 investment in life-saving fire equipment

BENALMADENA’S firefighters have been given a new, light-weight fire vehicle, capable of holding 1,750 litres of water. The town’s Mayor, Victor Navas, explained, “it is the first vehicle that the town has acquired for our firefighters in 12 years, and has the latest advances in fire prevention and extinction.” He added, “since our arrival in […]

Costa del Sol News Top News Travel

€295 million boost for Costa del Sol train project

THE CONTROVERSIAL Fuengirola to Marbella train line extension has received a boost after an influential Spanish association placed it top of their priority list, claiming it will save residents €295 million per year. SEOPAN, the Spanish construction companies and infrastructure operators, considers the scheme to be among the most urgently-needed infrastructure projects in the country. […]

Money

Investment trends in six central Eastern European property markets

INVESTMENT IN central Eastern European (CEE) Real Estate in 2017 is likely to surpass a record-breaking 2016 year, according to a report published by Colliers International and CMS. The sources of investment flows into the CEE region are expected to remain diverse in 2017, with Asian and CEE investors becoming increasingly active in the real estate […]