Costa Blanca
More than 300 properties are up for auction by Social Security, some for less than 10,000 euros

Social Security has launched a new auction offering more than 300 properties dispersed around Spain . Among the available properties you can discover apartments, houses and land at extremely low costs , which represents an attractive option both for people looking for economical living and for those interested in investing in the real estate market . Some of these properties have starting prices below 10,000 euros , making them an attractive alternative to traditional purchases or offers from banks and real estate funds.
These properties arise from seizures performed by the General Treasury of Social Security , often from firms or individuals with outstanding obligations. For their award, a public auction process is carried out in which any person with legal ability can participate, either alone or through a representative.
The Social Security website offers interested parties a comprehensive list of all available homes, including each one’s location, features, and beginning price. You may obtain more specific information about each property and filter the possibilities by province within the portal.
See the searchable website here https://w6.seg-social.es/subastas/SubaSeControladorInter?opcion=6&avanzada=1
Furthermore, as auctions are open to the public, anyone who satisfies the conditions can attend and place a bid. Although it’s crucial to understand the procedure before taking part, it’s a chance to purchase goods for less than their market value.
Conditions for taking part in the auction
Interested people must attend the public event where the bidding will take place and produce a legitimate form of identification, such as a passport or national identity card, in order to participate in the auction. A deposit must also be made in advance as a guarantee for the bid that is made.
The type of offer determines the deposit amount:
A deposit equal to 25% of the starting price will be required if you join in a sealed envelope.
The deposit is equal to 30% of the beginning price if the offer is made orally.
Unsuccessful bidders will get their deposit back. However, the winner of the auction will forfeit the money that was put if they do not finish paying within five business days.
Rules and warnings for buyers The Social Security auction website has published some warnings that participants should take into account before making a bid: Any prior liens on the property are the responsibility of the buyer : if the property has mortgages or other liens, the new owner will be responsible for settling them. There are two auction rounds : if a property is not awarded in the first auction, a second round will be held in which offers for 50% of the starting value are accepted . The highest bidder wins as long as they exceed 60% of the starting price or cover the outstanding debt with Social Security.
Payment must be completed within five business days of award. If the buyer does not pay the full amount within this period, the deposit will be forfeited. Advantages and risks of buying properties at auction Buying a home or land at a Social Security auction has several advantages : Lower prices than in the traditional real estate market , with unique opportunities for less than 10,000 euros. Possibility of acquiring properties without the need for a mortgage , especially in cases where the starting prices are affordable. Profitable investment for those looking to buy properties to rent or resell. However, there are also risks to consider:
Certain homes can be occupied or have unpaid liens, which could result in eviction-related legal problems.
Since mortgage financing is not permitted at the auction, buyers must have the funds on hand to finish the payment within a few days.
In certain situations, properties might need costly renovations, raising the investment’s overall cost.
Discover more from Costa Blanca Daily
Subscribe to get the latest posts sent to your email.
Costa Blanca
Sticky Vicky’s daughter quits mum’s iconic Benidorm show

Adhesive the stage act has been sensationally abandoned by Vicky’s daughter, who has followed in her late mother’s footsteps, thereby leaving behind her family’s Benidorm legacy.
The unexpected decision was made after María Gadea Aragón assumed responsibility for the adult-themed magic performances following the passing of her mother, Victoria María Aragón Gadea, in 2023 at the age of 80.
María, who had been employing her mother’s stage identity in the well-known Spanish resort, has now discontinued her performances after a decade on stage.
María performed frequently at venues including the Palladium, Zodiaco, and Rockerfellers, as well as Benidorm which is a popular destination for British expatriates and vacationers.
Des Bellamy-Wright, an employee at the Benidorm Palladium, verified that María is no longer employed in the lively Spanish city. Des stated, “Sticky Vicky is no longer operational in Benidorm.” The ‘Carmen Snake – Sticky Show’ is a similarly entertaining program that is broadcast every night at 12:45 a.m. “
The official reason for Maria’s retirement was not disclosed, and her final performance was in November 2024.
Discover more from Costa Blanca Daily
Subscribe to get the latest posts sent to your email.
Costa Blanca
Elche’s H&M shop closing

The Swedish retail chain H&M announced in 2024 that it would be reducing the number of stores and employment it has in Spain due to “organisational, productive, and economic” reasons. Around 50 layoffs were the result of the closure of stores in the L’Aljub retail centres in Elche, Ociopía in Orihuela, and Habaneras in Torrevieja, which had consequences for the province of Alicante.
Additionally, these were the sole instances in the Valencian Community that were impacted. The Torrevieja store was the first to shut its doors in May 2024 since that time. The Orihuela store was subsequently closed on September 14th of the same year. Currently, the Elche store has shuttered its doors. The facility was closed to the public on March 14th, following its final day of operation on March 11th. It will be entirely shut down on March 22nd. Approximately 20 employees are being laid off at this Elche store. It is the final establishment in the province of Alicante that will not reopen, and the circumstances of the dismissal were negotiated in October. The employees have departed the company with an agreement as a result of these negotiations, according to Yolanda de la Casa, the general secretary of the CCOO Services Federation in Alicante.
The dismissal terms that were established following the October negotiations were 45 days until 2012 and 33 days until the present. A gratuity of 3,500 euros was granted for the first five years, 4,000 euros for the next ten years, and a maximum of 4,500 euros for the subsequent years.
Furthermore, three relocations have occurred among the 50 individuals who were laid off in the province, spanning Elche, Orihuela, and Torrevieja. Lely Fernández of UGT l’Alacantí-La Marina informed this newspaper that these were part-time employees from the Habaneras shopping centre in Torrevieja who were transferred to the La Zenia shopping centre, which continues to operate and is accessible.
H&M initiated 2024 by announcing the closure of 28 stores and approximately 588 collective redundancies. The figure was reduced to 521 reductions in a subsequent revision.
The Torrevieja store closed its doors to the public on May 17th, 2024, and the lease expired on May 24th, never to be reopened. Nevertheless, numerous employees at this establishment were granted the opportunity to relocate to other nearby stores that were still operational. In September 2024, Ociopía followed suit, and Elche followed suit in March 2025.
The H&M group operates over 100 stores and employs nearly 4,000 individuals in the country. This decision was made by the Scandinavian company in order to “adapt and perfect” its stores in a “changing” shopping environment for its consumers. Additionally, Spain would be responsible for 17% of the brand’s global closures, as indicated by the data that the company disclosed months ago when it presented its 2023 financial year.
Discover more from Costa Blanca Daily
Subscribe to get the latest posts sent to your email.
Costa Blanca
Man stole fire extinguishers to sell as scrap metal

A 20-year-old male is currently under investigation by the Guardia Civil for the purported theft of ten fire extinguishers. The fire extinguishers were discovered by Seprona officers during an inspection of a scrap metal establishment in Torrevieja. The store manager and the criminal are both the subject of an investigation.
The fire extinguishers, which were in near-new condition and completely charged, were discovered by the Servicio de Protección a la Naturaleza (Seprona) officers during the inspection. The investigation was initiated due to the fact that this material is “uncommon” in this form of business, as explained by sources from the Armed Forces.
Upon discovering the fire extinguishers, the officers enquired about the scrapyard manager’s documentation regarding the extinguishers’ arrival. The manager responded that he did not possess any proof of ownership. Additionally, he disclosed that a woman and her son had abandoned them there without his permission.
The company responsible for maintaining the fire extinguishers was identified by Seprona officers after they analysed the evidence and proof acquired. This verified that the extinguishers were located in a building in Torrevieja. The missing equipment was reported by the property manager of this community of proprietors shortly thereafter.
Fire extinguishers were recovered
Officers were permitted to confiscate the fire extinguishers and transport them to the Torrevieja Civil Guard barracks as a result of the formal complaint. Upon verification of their origin, they were returned to their legitimate owners.
The individuals implicated have been identified as a result of the operation. The 20-year-old man who is supposed to have stolen the fire extinguishers is being investigated for theft, while the 23-year-old proprietor of the scrap yard is being investigated for receiving stolen goods.
The Guardia Civil emphasises the necessity of reporting these types of incidents and reminds all individuals of the significance of doing so. In order to prevent the acquisition of stolen material, scrap metal dealers must establish rigorous controls, such as document checks on sellers and items received.
Discover more from Costa Blanca Daily
Subscribe to get the latest posts sent to your email.
-
Costa Blanca6 days ago
More than 1.5 million bottle caps are donated by Benidorm to the “Caps for a New Life” charity initiative
-
Costa Blanca1 week ago
A couple from El Campello who were wanted for the nation’s biggest cocaine haul turn themselves in
-
Costa Blanca5 days ago
In Benidorm, a repeat abuser breaks into his ex-‘s home and assaults her
-
Costa Blanca4 days ago
The importance of bees is a topic that children in Alicante are being taught
-
Costa Blanca4 days ago
In 2024, the Emergency Department received over 250,000 calls from Alicante
-
Costa Blanca1 week ago
Two men arrested after robbing an Alicante man, setting fire to his car and abandoning it in the mountains
-
Costa Blanca1 week ago
A huge anabolic laboratory in Alicante is dismantled by the National Police
-
Costa Blanca1 week ago
Following a robbery in Alicante, a gang that had stolen from homes in Spain, France, and Italy are arrested