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

La Torreta

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.

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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.”

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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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Man arrested in connection with five fires at La Florida, Alicante

Alicante Bomberos Fire

The culprit behind five fires in the Valencian town of Mislata in Alicante has been taken into custody by National Police officers. The fire caused substantial property damage and necessitated medical attention for smoke inhalation.

The National Police were notified of many simultaneous fires that were erupting in multiple spots within the La Florida-La Viña neighbourhood at midnight on March 25th. Personnel from the Alicante Fire Station and members of the Provincial Citizen Security Brigade were also sent to the several locations.

A number of vehicles were also impacted by the fire, which caused significant damage to many of them and entirely burnt one due to the ferocity of the flames, which in every instance had begun in waste containers.

Containers and cars caused the fire to spread to the building façade, putting the occupants of surrounding residences in danger. Firefighters rescued a blind woman who was unable to leave her home, and residents of many residences, including those in a game room, were forced to flee.

Because of the perilous circumstances, the massive volume of smoke, and the spectacular character of the flames, some people needed medical assistance for anxiety attacks and smoke inhalation. The signs of two nearby companies were also materially damaged, as was the façade of these buildings.

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The inquiry was taken over by judicial police officers from the Alicante Central District Police Station, who carried out a number of investigations to confirm the timeline and ultimately identify the alleged fire offender.

Officers found the offender in the Valencian town of Mislata after doing the necessary investigation, and he was taken into custody on charges of arson and destruction.

Eleven rubbish and recycling containers worth 17,500 euros were damaged in the fire, along with seven cars, one of which was totally destroyed.

Following police investigations, the 42-year-old inmate was sent before the Mislata Court of Instruction on duty, where he was given an imprisonment order.

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First aid training to local police is signed by the Dénia Council and Benidorm Hospital Clinic

Vicent Grimalt, the mayor of Dénia, and Ana Vasbinder, the director of the Benidorm Clinical Hospital, signed a cooperation agreement this Tuesday to plan training exercises for the Local Police in the areas of accident or health-related assistance, prevention, and first aid.

The technical tools required for the training, including a mock defibrillator and a dummy to simulate resuscitation techniques, were also supplied by the Benidorm Clinic Hospital, which has operated in Dénia for three years.

The first term of this arrangement will be four years.

The materials “will be used immediately in the road safety and first aid classes” that the force conducts in the city’s schools, according to Jovi Estruch, Chief Superintendent of the Dénia Local Police. Additionally, the first course that will be offered as a result of this partnership with the HCB is already planned for June.

This partnership with Dénia City Council and the Local Police “is an obligation, but also an honour, in response to the warm welcome we have received from the public,” said Ana Vasbinder, who is also the director of Institutional Relations at Benidorm Clinical Hospital.

“One of our goals as a company is to be part of the social network in the communities where we work, so being able to help police officers improve their care of people is a commitment for us ,” Vasbinder said.

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The health centre’s director further underlined that “their actions can often save lives” because the local police are frequently the first emergency services to arrive at an accident scene.

The Benidorm Clinical Hospital was recognised by the mayor for its participation “in this and many other municipal initiatives related to health and sport.”


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A measure supporting the fishing industry is unanimously approved by the Torrevieja Council

Torrevieja Town Hall

As part of the processing of the new European Regulation on the Common Fisheries Policy (CFP), Rosario Martínez Chazarra, spokesperson for the Popular Party Municipal Group, presented a motion in favour of the fishing industry, which the Ordinary Plenary Session of Torrevieja City Council approved on urgent grounds on Monday, March 31st. All political parties represented in the City Council (PP, PSOE, VOX, and Sueña Torrevieja) unanimously accepted the resolution.

The urgency is justified by the fact that the European Commission is now holding a public involvement procedure for the CFP regulation’s wording, and the administrative bodies of Member States have until April 21st, 2025, to submit their recommendations.

In Torrevieja, the fishing industry has a significant socioeconomic impact. Because of its significance as a food supply, its long history in the city, its close ties to generations of Torrevieja people, and its role in the landscape and economic activities of our municipality, it is a vital and crucial sector.

In order to guarantee the sustainability of EU fisheries from an environmental, economic, and social standpoint, the Common Fisheries Policy underwent its most recent update in 2013.

In addition to the implementation of other complementary measures like enhanced selectivity, closed areas, and seasons, among others, there has been a notable decrease in fishing effort, which has reached over 40% of fishing days. The Artisanal Coastal Fishing Fleet of the Valencian Community caught 25% more in 2024 than the year before. Between 2023 and 2024, the catch grew from 15,000 tonnes valued at €81.1 million to 19,035 tonnes valued at €94.3 million. It is clear that the Torrevieja fish market played a major role in reaching these catch values.

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Despite these numbers, our municipality’s fishing vessels are in a precarious position as a result of recent Council of the European Union decisions that cut the number of fishing days to just 27 annually. This action renders the city’s fishing industry, which creates a significant number of direct and indirect jobs, unviable, despite its enormous social value.

As fishermen in the Valencian Community gathered 150,000 tonnes of trash, mostly plastic, from the Mediterranean Sea last year alone, Mediterranean fishing has substantial ecological and environmental value in our sea in addition to being a major economic, tourism, cultural, and culinary asset for our municipality.

In plenary, it was decided that the appropriate body would encourage the Spanish government to ask the European Commission for all of these reasons:

  • A 25% increase in catches was made possible by the extension of the fishing season to 133 days.
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  • Since the catch of almost 200 species cannot be dependent on criteria specified for just one, as is the case with hake, there should be greater transparency when determining the criterion for ongoing fishing.
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  • Enhance and broaden the standards used to assess the true fishing stock of the entire group of species.
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  • When making significant judgements, the industry should be considered, and these decisions should be made quickly. Their way of life cannot be drastically altered annually by a political decision made in December with little warning. Since fishing is also a business activity and should be subject to the same foresight as other economic activities, the procedures for changing the number of fishing days should be made public beforehand, and the regulated term should be 10 or five years.
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  • That the time horizon for reaching maximum sustainable performance beyond 2030 should be delayed by limiting the margins of change to no more than 5 to 10% per year rather than the current 70% reduction.
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  • Since this rule was designed for Atlantic fisheries, not Mediterranean fisheries, it is necessary to remove the requirement to land fish that are unsuited for sale.
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  • Additionally, scientists with expertise in the Mediterranean should implement the Fisheries Commission’s internal recommendations.

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Alicante Car Show 4th - 6th April
April 4, 2025 - April 6, 2025    
10:00 - 21:00
This weekend, Alicante will host the biggest car show in the province. The 21st edition of Sobre 2 ruedas and the 53rd edition of Firauto, [...]
Lenny Kravitz in Concert in A Coruña
April 10, 2025    
21:30 - 23:00
Lenny Kravitz will be preforming live at the Coliseum, C. Francisco Pérez Carballo, 2, 15008 A Coruña on Thursday 10th April this year. Leonard Albert [...]
Torrevieja Book Fair
April 12, 2025 - April 21, 2025    
All Day
The 27th edition of the Torrevieja Book Fair, which will take place on Paseo Vista Alegre from Saturday, April 12th to Monday, April 21st. For [...]
Survivor: The Extreme Test in Alicante 12th & 13th April
April 12, 2025 - April 13, 2025    
All Day
The Survivor Race obstacle course is made for people of all skill levels, from novices to those who take their training seriously. The obstacle course, [...]
Lenny Kravitz in Concert in Pamplona/Iruña
April 12, 2025    
21:00 - 22:30
Lenny Kravitz will be preforming live at the Navarra Arena, Pamplona/Iruña on Saturday April 12th 9:00 PM this year. Leonard Albert Kravitz, born on May [...]
Holy Week in Torrevieja 2025
April 13, 2025 - April 20, 2025    
All Day
From April 13 (Palm Sunday) to April 20, 2025, there will be Holy Week. Following the lunar schedule, Holy Week takes place during the same [...]
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