Property taxes in Torrevieja are to be cut over the next two years according to the secretary of the city council’s government team, councillor Fanny Serrano. She said that the IBI rate will fall by four percent next year, and then see a drop of seven and a half percent in 2018.
Serrano also announced the advertising of a 240-thousand-euro tender for improved street lighting in La Mata, with the award having to be made before the end of the year, or else the council will lose out on funding from the Alicante Provincial Council.
Last year the authority lost 359 thousand euro from the provincial body for lighting upgrades in the Rocio del Mar and Cala Dorada areas of the city, after it failed to advertise the tender in time.
