Costa Blanca

The (very suspicious) money abroad of the controversial Torrevieja apartments

The promise of the ideal Mediterranean seaside vacation was the draw that made Torrevieja popular on television throughout the country in the 1980s. But the homes that were listed on Un, Dos, Tres… soon became a nightmare for their owners. Years after the developer abandoned the La Torreta development, there are still problems with the sewage system and paving. The enclave is now a run-down neighbourhood, and some have even voiced their displeasure over squatters occupying mansions and chalets.

The local real estate boom can be attributed to developer Justo Quesada Aniorte, who was the driving force behind Torrevieja’s initial boom. However, one of the construction companies is currently accruing a trail of debts despite having assets and accounts abroad, according to the bankruptcy administrator of Justo y Manoli SL, one of the businesses that is a part of the corporate network of a family that has primarily developed property developments in Murcia and Alicante. Even though they are members of Grupo Masa, his children are gradually distancing themselves from his actions.

In actuality, the company owed the Public Treasury 10.6 million euros, which led the Tax Agency to identify it as a defaulter in 2024. But the liquidated corporation’s problems began far earlier.

A Supreme Court decision states that the business held by Justo y Manoli SL had debts of over 109 million euros in 2015, the year it declared bankruptcy. But it’s important to remember that the aforementioned corporation had 129 million euros in assets and slightly over 107 million in liabilities as of December 31st, 2009.

The Provincial Court of Murcia ruled in 2018 that “the claim that the delay in filing for bankruptcy does not cause aggravation should be rejected, since this delay has not been harmless from the creditors’ perspective.” The court stated that when the bankruptcy petition was filed in May 2015, the assets were estimated to be €41,112,081 and the bankruptcy liabilities totalled €108,969,552.

It has now been demonstrated in court by the bankruptcy administrator that Justo Quesada has funds overseas. Auren Concursal reports on the Tax Agency’s documentation in a July 2024 letter to the Commercial Court number 1 of Murcia.

First, on March 26th, 2024, the businessman filed Form 720 for the declaration of assets and rights abroad with the Tax Agency, revealing that he “holds bank accounts and financial products located abroad” worth around 3.4 million euros. Bank accounts at Credit Suisse (Switzerland), Creand (Andorra), Truist Bank (Florida, United States), Citibank (Florida, United States), and Bank of America (United States) are actually mentioned in the letter to the court.

Furthermore, the assets increased from €6.4 million in the 2019 fiscal year to about €3.2 million in the 2022 fiscal year, as indicated by the Wealth Tax forms for the years 2019, 2020, 2021, and 2022 that were filed with the Treasury. According to the bankruptcy administrator’s brief, “the executed party’s assets have been reduced by €3,224,733.03 from 2019 to 31/11/2022.”

Accordingly, he believes that “the majority of creditors are home buyers” and that “there has been a progressive and multi-million dollar decline in the assets declared by those executed” following the public administrations.

Through the Masa Group, to which their children are now connected, this publication has attempted to get in touch with the family. However, this real estate development company’s sources deny any affiliation with the Justo and Manoli SL firm. These sources emphasise that “this company has nothing to do with Masa,” but they also clarify that Justo Quesada’s business “is a firm in bankruptcy like so many others.”

In any event, Masa’s spokesperson notes that the case is being brought to court because “the bankruptcy administrator is being sued for malpractice.” “His assets have been declared for more than ten years and have been brought to the attention of the court,” the spokesperson continues. “If Justo and Manoli’s assets had been auctioned at market prices, these debts would not only have been paid, but there would have been money left over,” these individuals complain. The bankruptcy administrator has been approached by this newspaper, but he has not responded.

Manoli’s past has been replete with controversy; for instance, he was previously criticised for constructing 3,500 residences in Camposol (Murcia) without a permit. The Mazarrón City Council was forced to handle millions of dollars in damages to the development’s public facilities, and the Segura Hydrographic Confederation even launched action against the construction business for constructing in the bed of a ravine.

A former Justo y Manoli employee who is aware with the company’s financial records claims that “the parents transferred companies to their children, precisely to avoid the father being seized, prior to the bankruptcy.” According to one worker, who spent a number of years as a management at the construction company, the family’s method of surviving the financial crisis is “not paying suppliers.”

“They have survived real estate bubbles by leaving the companies and not returning until the storm had passed,” adds one former employee, who attests to the fact that home buyers who felt defrauded made a lot of complaints and claims. “I have seen suppliers and clients who have lost everything .”

According to this source, many customers who were left with partially constructed homes did not receive their money returned. “The trick has always worked out well for them,” the former employee complains, despite everything.

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Related Topics:Alicante Children Construction Council Court Local Market Money Murcia Public Tax Torrevieja

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Costa Blanca

Local Police in Benidorm commemorates its 181st anniversary

Officers and commemorative entities received badges and awards as part of the Benidorm Local Police’s 118th anniversary celebration, which included an institutional event in the Town Hall’s Assembly Hall and a display by the K9 Unit and Response and Prevention Group (GRP) in front of the Town Hall.

The public gathered in the Plaza de Sus Majestades los Reyes de España to witness the performance by the K9 Unit, also known as the “Canine Patrol” of Benidorm. The K9 Unit showed off the harmony between the GRP officers, trainers, and dogs in five fictitious exercises featuring Hanko and Kili, in which the dogs were the key that prevented crimes from being committed in public places.

Following the protest, Benidorm Mayor Toni Pérez and PLBND Chief Superintendent Luis Martín Arévalo inspected the officers who had been trained in front of the Town Hall’s main façade. The Assembly Hall then hosted the formal ceremony.

Along with the mayor, the regional deputies José Ramón González de Zárate and Mario Villar, the regional secretary for Housing of the Generalitat, Sebastián Fernández, the commissioner of the National Police in Benidorm, Luis Manuel Sánchez, the lieutenant of the Traffic Detachment of the Civil Guard, Manuel Sánchez, and numerous other members of the city’s civil society attended the force’s tribute, which was accompanied by Councillor for Citizen Security Jesús Carrobles and other municipal corporation members.

Toni Pérez described the Benidorm Local Police as the “flag and spearhead” of Benidorm in his formal speech. As seen by its performance during the summer high season, a community that does not yet have 75,000 residents is “capable of attending to more than 380,000” people.
The “first calling card” for anyone experiencing trouble when visiting Benidorm is the local police. In order to help the citizen or visitor and advise them “by referring them” to the municipal or administration services they require, Toni Pérez has urged them to “get out” of the automobile or “leave the motorbike aside.”

With examples like the professional career or the Job Evaluation in the City Council, “a desire of more than 15 years,” the mayor emphasised his dedication to the force, which was established in 1844.

In her remarks on the occasion of today’s March 8th celebration, Toni Pérez recalled that the first promotion of female police officers was initiated in Benidorm during the tenure of José Such Ortega, at the time of the Democratic Centre Union (UCD), and that “some of them are still active in other municipal services.”

According to Mayor Luis Arévalo, police officers “are people who work for people” and have an obligation to “guarantee a safe life” for their fellow citizens. He also asserted that more agents are needed in order to give the city the finest service possible.

Ceremony of Awards

The PLBND also expressed gratitude to the National Police, Civil Guard, Benidorm Firefighters, Local Assembly of the Red Cross, and the municipal concessionaire Fomento de Construcciones y Contratas. The Sociocultural Association of the Local Police also gave a metope of recognition to the Cultural and Recreational Association ‘La Barqueta’ during the event.

Similarly, the organisation has given its commemorative coin to those who have contributed significantly to the institution. José Fuster, the president of Civil Protection; Antonio Zamora, the beach concessionaire’s Rescue and First Aid coordinator; M§ Isabel Medina, the chief prosecutor of the Courts of Benidorm; and Joan Francesc Vives, the senior judge, have all received the gift.

Antonio Ortega, Jaime Ángel González, Manuel Risueño, Álvaro Fuertes, José Tomás Galaví, Francisco Javier Sánchez, Mireia Cruz, David Fontanet, Mario César Martínez, José Ramón Fuentes, David Torres, José Casto, Ramón Agüero, Alejandro Andrés, Marcos Perles, Cyntia Romero, Yolanda Bocos, Jorge Ferrer, and Jorge Martín were then given the Generalitat’s honours and decorations.

Officers David González and Jesús López, on the other hand, received the Cross of Police Merit with Blue Distinction for their outstanding performance of their duties and behaviour. Lastly, the PLBND gave a diploma and a commemorative coin to Francisco Javier Gallego, Emilio Espejo, Saúl Pablo Pastor, Juan Vicente Soler, and Juan Miguel Igualada, the officials who retired during the previous fiscal year.

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Costa Blanca

Today’s Hamburg airport strike will impact Alicante flights

A strike at Hamburg airport in Germany this yesterday, one day before the one already called by the Ver.di union at several German commercial airports for today, Monday, March 10, 2025, has affected forty operations, including those at Alicante-Elche airport, of departing flights (20) and arrivals (20) to Spain.

The Spanish airports that were impacted by the strike in Hamburg had scheduled operations in Gran Canaria, Palma de Mallorca, Madrid, Barcelona, Fuerteventura, Tenerife, Alicante, La Palma, Malaga, and Bilbao, according to Aena sources who spoke to Europa Press.

The strike has been called yesterday “without prior notice” and “immediately” by ver.di, according to Hamburg Airport.

Ver.di has also called for a strike in a number of airport operations, including passenger security checks and aircraft handling, today Monday, March 10th. As a result, the airport stated that while passenger departures are not possible arrivals are, but significant difficulties and cancellations are likely.

According to the German services union’s website, the strikes at German airports are intended to put more pressure on employers from the Federal Association of Aviation Security Companies (BDLS) in collective bargaining talks that have recently stalled in order to improve working conditions for the roughly 25,000 workers in the aviation security industry.

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Costa Blanca

Police arrest two after stabbing

Two people were arrested after one person was hurt by a weapon during a fight that broke out in Villena early yesterday, Saturday 8th March.

Around 00:20, a fight broke out in the municipality’s town centre in the Medio Vinalopó district.

The detainees are 21 and 22 years old. The young man was treated at the scene by the Emergency Medical Service (SAMU) ambulance medical team after they allegedly stabbed him in the side. He was later taken to the General University Hospital of Elda, where he presented with an open wound and hypovolemic shock from the trauma.

In order to determine the cause of the altercation that broke out between the injured guy and the two young men who were detained as suspected stabbing culprits, the investigation has been taken over by the territorial unit of the Judicial Police of the Civil Guard of Villena.