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Housing Glossary

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


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.


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.


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.


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.


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.


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.


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.


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.​

Cevasa-Neinor the best-placed company to assume 50% of Habitatge Metròpolis Barcelona

27/05/2021 - 16:57

Housing. The governing board for HMB, made up of the City Council and the Barcelona Metropolitan Area, is seeking a private partner for the metropolitan affordable rental home operator.

The process to select the private partner for the metropolitan affordable rental home operator Habitatge Metròpolis Barcelona (HMB) continues. The City Council and the Barcelona Metropolitan Area (AMB), which make up the governing board of the company, approved the Cevasa-Nenoir joint venture as the best-placed candidate to become the future partner, which will provide 50% of the capital for HMB.

The approval for the classification gets a one-month period under way for Cevasa-Neinor to provide all the documentation in the technical specifications from the tendering process, so that the award can be made official and the mixed company constituted.

The resolution of this process will mean an important step forward in resources for the production of housing with affordable rents. At least 4,500 homes will have to be built in the next few years, 2,250 in Barcelona and 2,250 in the rest of the municipalities making up the Barcelona metropolitan area. In all, the three partners will provide over 103 million euros in capital.

HMB, a pioneering model in the state

Habitatge Metròpolis Barcelona is a new model of public-private collaboration to address the lack of protected housing with affordable rents. The private partners will work on the basis of below-market profits and share income equally with the public partners. The idea is to get the private property sector involved in investments with a social impact which satisfy public interests and the social function of housing.

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