Tanca Tanca

Housing Glossary

You will find information here on all topics relating to housing in Barcelona

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Accrued interest

The interest applied as a penalisation when the debtor does not comply with repayment obligations. The amount must be established in the contract.

Active supermortgage

This allows the client to choose their loan's benchmark index (MIBOR at three months, six months or a year) so that payment can benefit from lower interest rates sooner.

Adaptable instalment

Characteristic of UCI superloans that allow the borrower to not pay one instalment a year for the first three years if there are problems due to holidays, extraordinary expenses, etc.

Advanced cancellation fee

A commission arising from the financial risk involved in the advanced cancellation of an operation. The applied commission compensates the financial institution for its financial losses.

AEDE

Direct state aid for paying the deposit on a property.

Affordable housing

Group of social housing or dwellings from social renovation projects that are sold or rented at below-market prices.

Affordable rent

The cost of renting these dwellings is below market prices after being included in operations concerning the rented flat pool, social renovation or social housing promotions.

Amortisation

Payment made to repay a loan.

Amortisation period

The duration of the loan. The contract establishes the date of the first and last payments. The longer the period, the lower the payments are, but the higher the interest. You therefore pay more in the end. The monthly instalment should not exceed 35% of your net income.

API

Estate agent. A qualified professional who acts as an intermediary between the two interested parties to facilitate the signing of a real estate contract, which can be a rental agreement, a sales agreement or another similar contract. They usually charge a percentage of the sales price as compensation or commission.

Applicant

A citizen who makes a registration application to the Barcelona Social Housing Applicants Registry, and who represents the other members of the dwelling unit included in the application.

APR

Annual Equivalent Rate. Effective annual cost of the mortgage in terms of interest, commissions and the repayment period. To compare loans, it is not enough to just look at the lowest APR, you also have to compare the conditions, the repayment period and the distribution of instalment payments.

Arbitri municipal de plusvàlua

Former denomination of the capital gains tax on landed property.

Assessment

The value of a dwelling certified by a specialised assessment company, in accordance with the mortgage market law. This certificate not only indicates the real value of the property, it also serves as a reference for obtaining the necessary financing.

Authorisation

Document in which the owner authorises the tenant to carry out building work in the dwelling's interior.

Close glossary

Housing offices only offer face-to-face assistance by prior appointment, so check out the “Housing calls you” service here to receive the most appropriate personalised assistance. If you also need assistance in energy rights, book an appointment with an energy-advice point (PAE) by clicking here. On the other hand, if you reside in an IMHAB public dwelling you can consult our contact, management and processing channels here.​

28/04/2023 - 12:49

Purchase of two residential blocks in Esquerra de L’Eixample and El Raval approved

Housing. Using the right to first refusal.

Five families in Barcelona receive keys to emergency housing
26/04/2023 - 17:03

Five families in Barcelona receive keys to emergency housing

Housing. The Barcelona Housing Consortium delivers apartments each month to vulnerable families through the Emergency Board.

The process of allocating surplus homes in Bon Pastor begins
21/04/2023 - 13:41

The process of allocating surplus homes in Bon Pastor begins

Housing. The procedure to allocate 163 surplus homes has begun after the relocation of families affected by the urban redevelopment...

Do you want to renovate your home? Participate in the information sessions about Next Generation grants
03/04/2023 - 15:49

Do you want to renovate your home? Participate in the information sessions about Next Generation grants

Housing. Between April and May, the Barcelona City Council will present the grants for the rehabilitation of buildings from the...

03/04/2023 - 10:12

The keys to the homes in the Puigcerdà street promotion for people over 65 years old are handed over

Housing. Up to 31 recipients were handed the keys to their new homes adapted for elderly people, which helps expand the stock of...

Barcelona City Council gives the keys to 21 affordable rental housing units in Torre Baró
31/03/2023 - 15:06

Barcelona City Council gives the keys to 21 affordable rental housing units in Torre Baró

Housing. The building, located on Avda. Escolapi Càncer, is one of two developments underway in the Torre Baró neighborhood and adds...

31/03/2023 - 12:01

Transformative policies are the protagonist of the new housing book promoted by the Barcelona City Council

Housing. The measures implemented by the City Council since 2015, the obstacles to overcome, and the challenges for the future mark...

The Emergency Board hands over the keys to housing to eleven vulnerable families
28/03/2023 - 16:53

The Emergency Board hands over the keys to housing to eleven vulnerable families

Housing. The housing units are allocated each month by the Barcelona Housing Consortium and come from the Social Rental Fund.

28/03/2023 - 14:32

How is La Marina del Prat Vermell being transformed?

Urban planning and infrastructures. The neighbourhood will be a hub for community life and economic activity connected to the city.

Barcelona City Council signs the land right to build the first senior cohousing in the city
27/03/2023 - 17:02

Barcelona City Council signs the land right to build the first senior cohousing in the city

Housing. The Can 70 project of the cooperative Sostre Cívic, located on Via Augusta in Sarrià-Sant Gervasi, is part of the ESAL...