POPULAR bargain retailer Poundland has opened its first Spanish store in Torremolinos.
However, fans of the shop will be shocked to learn everything costs €1.50, which is actually 19 pence more than a pound at current exchange rates.
The Dealz shop has created 40 new jobs and represents an investment of more than €500,000 in the area.
To celebrate the grand opening, Dealz is hosting a fundraising event for all the family on July 10, from 10am, including music and prizes.
“We are extremely excited to be introducing Dealz’s unique single-price offer into the Spanish market at a time when households are trying to survive on a tight budget,” said the store manager.