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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 wins the 2020 AVS Prize for the Best New Building

29/10/2021 - 14:51

Housing. The social housing project for young people has been recognised for its transformation of the industrial building and its treatment of the industrial heritage.

The project of affordable homes for young people constructed in the industrial buildings of the Fabra i Coats complex in the Sant Andreu del Palomar district has been recognised with the 2020 AVS Prize awarded by the Spanish Association of Public Housing and Land Managers in acknowledgement of the best practices in new construction, management of social housing, environmental management, rehabilitation and public services.

Can Fabra has been recognised in the category of Best New Building for the project of transformation of the industrial building into a complex of social homes, and also for the capacity of conserving the industrial heritage of this old factory, built in 1905 and enlarged in 1923 and 1950. Can Fabra now houses 44 homes addressed to young people aged between 18 and 35, with an average floor area of 64 square metres. It is Barcelona’s first public rental homes building constructed in an industrial complex, maintaining its exterior structure and observing criteria of sustainability and energy efficiency. “This is an action that unites industrial heritage, social housing and cultural centre: an excellent example of how to treat the heritage without limiting ourselves to a mere exercise of conservation”, the designers explained on receiving the prize.

The prize was announced today, Friday, within the framework of the Seville Social Housing Days. These awards have been presented since 2013 and this year some thirty projects have been selected originating from all over Spain. Apart from Can Fabra, prizes have also been awarded to the public rental homes project in Muros de Nalón (VIPASA, Department of Social Rights and Welfare of the Principality of Asturias); the public homes project of Son Gotleu (IBAVI, Balearic Housing Institute), the Housing First Asturias project (Housing Board of the Principality of Asturias); Plan Zero Plana – High efficiency in rental homes (ALOKABIDE, Housing Board of the Basque Government); the integral rehabilitation strategy in the Los Pajaritos district of Seville (EMVISESA, Municipal Housing, Land and Equipment Company of Seville); Orain Otxar (Municipal Homes of Bilbao); and 65 protected homes in Mulitate, Hondarribia (VISESA, Vivenda y Suelo de Euskadi). An extraordinary recognition has also been awarded to the Housing and Rehabilitation Agency of Andalusia.

A new recognition for Can Fabra

With this prize, the homes designed by the Roldán Berengué Arquitectes firm and promoted by the Barcelona Municipal Housing and Rehabilitation Institute add one more recognition to their collection. Apart from this AVS Prize, this year 2021 Can Fabra has received the 2021 FAD Architecture Prize and the first prize for multi-family housing at the AIT Awards. In addition, last year they received the 2020 Advanced Architecture Awards and the 2020 Mapei Prize.

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