Friday, 06 November 2015 05:22

Gran Canaria News Roundup: November Week One

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Gran Canaria news for week one, November 2015 Gran Canaria news for week one, November 2015 www.photosgrancanaria.com

Here's the big news stories from Gran Canaria for the first week of November 2015.

Storm damage comes to 35 million euros

The recent storms in Gran Canaria caused an estimated 35 million euros of damage top roads, property and infrastructure, according to the Gran Canaria president Antonio Morales. Most was focused in Telde on the east coast and Las Palmas in the north east but roads were also damaged and blocked on the west coast and in the highlands.

The destruction was so severe that the Gran Canaria authorities are looking to get the island declared a Catastrophe Zone so that they can access Spanish state relief funds. 

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Tourist numbers for Gran Canaria positive

The latest tourism figures, announced to coincide with the huge World Travel Market fair in London, are overwhelmingly positive. A combination of good marketing and bad news from competing destinations means that 2015 and 2016 are set to be boom years for the Gran Canaria and the Canary Islands. The fast recovery of the British economy means that British tourists are leading the way with higher spend per visitor and with advance summer bookings.

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Arguineguin marina development accelerated

The plans for Arguineguín marina are becoming clearer and the company behind the expansion project hope to begin work in 2016. The new marina will split the fishing boat zone from the recreational zone and will contain over 350 berths, a sailing school and, of course, a shopping zone. The plan also includes improving the walking access between the beach and the marina and converting the storage rooms opposite the boat yard into restaurants and shops. 

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New Puerto Rico shopping centre

We recently found out that the big Puerto Rico shopping centre plans a multi-million euro modernisation in 2016. Now, a new plan has come up, with some heavyweight local backing, to demolish the derelict Puerto Rico waterpark and build a new shopping centre in its place. The plan is backed by the owners of FundGrube and Hiperdino and by Canarian shopping centre entrepreneur Amid Achi. 

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The weather

It's been sunny all week long and the south of Gran Canaria will be sunny all weekend. The north of the island will get some cloud on Saturday but that's about it. 

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Read 9171 times Last modified on Friday, 06 November 2015 06:22
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Tip of the day

  • Exchange Money In Gran Canaria Or At Home?
    Exchange Money In Gran Canaria Or At Home?

    Visitors to Gran Canaria often ask whether it is better to exchange their local currency for euros at home or in Gran Canaria. 

    The answer is that it is almost always better to buy your euros at home than it is to bring pounds to Gran Canaria and use local banks or currency exchanges. This rule of thumb applies all over the world. A currency is almost always cheaper the further away you are from the place you can spend it (because demand for it is lower). 

    Exchange rates are almost always better at home than in Gran Canaria

    You are very likely to get a better exchange rate using a British currency exchange specialist or local bank. Many of these companies will deliver your euros to your home.

    One of the best rates in the UK is often from the post office, especially if you do it well in advance.

    The only way you'll get a better rate in Gran Canaria than at home is if the exchange rate changes while you are travelling and this is rare. 

    You also have to bear in mind that currency exchanges in Gran Canaria are getting rarer and some local banks don't exchange money for non-clients. 

    To Transfer large amouynts of money to Gran Canaria, or to make regular transfers, always use a reputable currency broker such as Currencies Direct. This will save you money on exchange rates and bank charges and is highky secure. 

    The risk of bringing cash to Gran Canaria

    Another important factor to consider is the risk of bringing cash to Gran Canaria: If it is lost or stolen, there is no way of getting it back. 

    It is much safer to bring a debit or credit card and use local bank ATMs to take out money. These days, a good option is a pre-charged debit card. 

    Cards may be slightly more expensive that carrying cash, unless you seek out a bank card with low commissions, but it is much more secure. 

    Bank ATMs like Bankia, Santander and BBVA often charge lower rates than the ATMs in shopping centres and busy tourist areas.

    Alex Says: Always select the Euro option at ATMs in Gran Canaria because the exchange rate is much better than if you opt for the Local Currency option. The same applies when you pay by card in shops and restaurants.

    See our Gran Canaria Tips section for more nuggets of useful local information.

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