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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.​

Can Fabra and La Borda, candidates for the 2022 Mies van der Rohe Architecture Prize

20/01/2022 - 14:28

Housing. The projects promoted by the IMHAB are two of the 40 selected from among over 500. The five finalists will be announced on 16 February and the winner in early May.

The projects of affordable-rental public housing for young people of the Can Fabra complex and the cohousing building of La Borda have been nominated for the 2022 edition of the Mies van der Rohe Architecture Award given by the European Union (EU). 40 projects were selected from a total of 532 proposals. The selection process valued social inclusion, sustainability, circularity and aesthetic conception. Can Fabra and La Borda, along with the Turó de la Peira Sports Centre, form the three Barcelona projects opting for this prestigious award. In total, five Catalan projects have been nominated. In addition to the Barcelona projects, this recognition has also been given to 85 Social Housing Units in Cornellà de Llobregat and the action carried out at the Torre Merola in Puig Reig. The five finalists will be announced on 16 February, and the winner in early May within the framework of the EU Mies Award Day.

Constructed in the industrial buildings of the old Fabra i Coats industrial complex in the district of Sant Andreu del Palomar, the project by the Roldán Berengué Arquitectes firm is conceived for young people and also houses the space for the ‘human towers’ association Colla Castellera Jove de Barcelona. The complex includes 44 homes designed for young people aged between 18 and 35, with an average floor area of 64 square metres, and large common spaces which can be shared according to the requirements. This is Barcelona’s first public rental homes building constructed in an industrial complex maintaining its exterior structure. Notable features of the construction are its sustainability and the use of recycled materials with low energy impact. This is not the first recognition received by Can Fabra: it recently won the 2021 FAD Architecture Prize.

La Borda, for its part, is a project designed to recover Can Batlló, an old industrial enclosure from the late 19th century located in the Sants-Montjuic district, on a plot assigned by the Barcelona City Council for 75 years. This project, which had the participation of the Lacol architects’ cooperative, became the city’s first new-build cohousing building. It contains 28 homes and various spaces for community use like the kitchen, the dining room, the laundry or several multi-purpose rooms that serve to stimulate neighbourly relations. It is constructed mainly of wood, following the criteria of sustainability, to reduce the environmental impact to a minimum. La Borda has also been recognised by various distinctions such as the Special Innovation Prize at the European Responsible Housing Awards (2019) or the City of Barcelona Prize (2018).

The Mies van der Rohe Architecture Award is one of the most prestigious international prizes in the field of architecture. Presented every two years, its goals are to attain a profound understanding of the transformation of the constructed setting; to recognise and disseminate excellence and innovation in architecture; and to publicise the important contribution made by architects in the development of new ideas with the indispensable support of the clients and the participation of the people who will become the inhabitants and users of these buildings.