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Home Europa Press

Titsa buys the land of the company’s headquarters in Cuevas Blancas from Santa Cruz

October 25, 2022
in Europa Press
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Titsa buys the land of the company’s headquarters in Cuevas Blancas from Santa Cruz
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SANTA CRUZ DE TENERIFE, 25 Oct. (EUROPE PRESS) –

Transportes Interurbanos de Tenerife (Titsa) and the City Council of Santa Cruz de Tenerife signed this week the deeds of sale of the land on which the headquarters and workshops of the transport company located in Cuevas Blancas were built at the beginning of the millennium .

The document was signed by the president of Titsa, Enrique Arriaga, and the first deputy mayor and councilor for Territory Planning, Guillermo Díaz Guerra. The transaction is carried out for an amount of 2,438,232 euros.

Enrique Arriaga pointed out that for the Cabildo “it was vital to put an end to this situation of irregularity, it is inconceivable that a building like the one in Cuevas Blancas had been built and that the owner of the land had not left and that after two decades the situation. For this reason, the Cabildo transferred the necessary funds to Titsa so that the sale could be executed”.

To this he added that with the acquisition of the land, in addition, “the company increases its solvency before third parties, by being able to count on all its assets.”

For his part, Guillermo Díaz Guerra stressed that this sale “represents an income from the sale of public land assets and logically it will go to any of the assumptions included in the Land Law, including that destined to improve the protected housing stock public”.

Both Arriaga and Díaz Guerra appreciate the predisposition between both parties to reach this historic agreement.

At the beginning of this mandate, both administrations began to work together to reach an agreement through appraisal and establish a fair sale price for said land that would satisfy both parties and not cause a loss in Titsa’s coffers.



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