Fugitive Andrew Moran was captured in a dramatic raid at a luxury villa in the Costa Blanca, police said.
An elite team of armed officers swooped on the robber while he was relaxing by a swimming pool.
They recovered two handguns, 60 rounds of ammunition and a machete at the property.
Moran was on the most wanted list for Crimestoppers' Operation Captura campaign.
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Nick Clegg will attempt to win over the female electorate when he kicks off the Liberal Democrats' general election campaign later today.
Up to £140 billion of savings could be released when over 55-year-olds are allowed to cash in their pension pots from April 6th.
The party's plans include a £2.5 billion Time to Care fund for the NHS, capping rail fare increases and 3,000 more midwives.