By John Smith • 24 August 2020 • 17:45
Long-term accommodation favoured
Credit: Ruben Holthuijsen flickr
WORRIED that there is insufficient reasonably priced long-term rental property in Benalmadena, the Council has allocated €500,000 in order to offer incentives to residents to let out property.
The Council will not subsidise holiday rentals and will allocate up to €650 per property depending upon the size of the unit and it is hoped that this will help local workers to find reasonably priced accommodation without being hit by huge increases during the summer months.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
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