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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.

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Casernes de Sant Andreu: 56 flats with affordable rents for young people handed over

26/05/2025 - 19:24

Housing. The building is the third municipal development in the city devoted exclusively to the under-35s.

The building is located on the site of the former barracks known as the Casernes de Sant Andreu, between the streets of Fernando Pessoa, Manuel Muñoz and Teresa Boronat and Pg. Marta Mata, in the neighbourhood of Sant Andreu de Palomar. This is the third public housing development in city aimed exclusively at young people. The ground-floor premises will be used for a new municipal nursery school with a capacity for 90 infants.

The homes have been awarded to people on the Barcelona register of applicants for officially protected homes. Out of the 56 flats, 14 have been reserved for local people from the neighbourhood, 5 for single-parent families, 4 are adapted for people with reduced mobility and 2 are for the emergency housing board. The rest have been awarded on a general basis.

The flats have a useful floor space of around 50 square metres, 40 of them with two bedrooms, 16 with one, and 4 adapted. Monthly rents will be between 487 and 510 euros, depending on the surface area of the flat.

The block was built with industrialised techniques and sustainability criteria. They are constructed with prefabricated wooden structures and organised around three inner yards to favour cross-ventilation and natural light. The work started in March 2023 and entailed a municipal investment of 5.2 million euros.

The block brings the number of publicly owned homes built with industrialised methods to 312. A further 40 flats are also being built in Av. Carrilet, plus another 69 at the same Casernes site, increasing the city’s public housing pool further.

Les Casernes:  new public housing hub

Les Casernes de Sant Andreu is becoming established as one of the main public housing sites in Barcelona, with more than 500 flats in different stages of development. In February, 152 homes with services for the elderly were handed over, and the largest inclusive cooperative housing project in the Spanish state is also under way here, with 80 flats promoted by the cooperative Sostre Cívic and TEB, plus a further 35 co-housing dwellings by the cooperative La Regadora.

Another 100 rental homes are to be built by Habitatge Metròpolis Barcelona, through an agreement with the Zona Franca Consortium providing new land to continue boosting the public housing pool.