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.​

A greener and more seaward facing Parc de la Ciutadella

28/05/2018 - 16:23

A monitoring commission will have six months to put together the master plan for the transformation of this natural space.

The Parc de la Ciutadella  covers an area of 300,000 square metres and is the third largest park after Montjuïc and the Tres Turons. It is also a hugely significant natural urban space due to its history, high volume of visitors and strategic location near the historical nucleus of the city and near the coast.

The drafting of the new master plan aims to transform of the current fenced site, which is invisible from surrounding streets and divisive in that it splits neighbourhoods. The park is also detached from the coastline and includes obsolete facilities and unused historical buildings. The idea is for a more open and integrated space, better suited to the needs of the 21st century.

Strategic focus

On one hand, the aim is to link the park to the urban layout around it and the Parc de la Barceloneta, connecting it to with the beach. To make this possible, the option of converting the train tracks and Pg. Circumval·lació into a green space will be studied and included in the draft plan if possible.

In addition, the intention is to improve connections between the park and surrounding neighbourhoods and other important arteries in the city, such as the future Parc de les Glòries, the Parc de l’Estació del Nord, Barceloneta and the Pere IV hub.

At the same time, work will be done with institutions in the area, such as the Parliament, Pompeu Fabra University and Barcelona Zoo, the aim being to transform the park into an open classroom for science and culture, promoting knowledge-based projects in the natural environment.

Uses and activities in the park will also be adapted to current needs, strengthening compatibility between visitors’ enjoyment and the preservation of heritage and biodiversity.

 

Share this content