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.​

How is La Marina del Prat Vermell being transformed?

28/03/2023 - 14:32

Urban planning and infrastructures. The neighbourhood will be a hub for community life and economic activity connected to the city.

The process to turn this industrial environment into a neighbourhood full of community life is moving forward. Projects under way in the neighbourhood include various blocks of public housing, facilities and the Parc de les Tretze Roses, a large green lung which will be ready from the autumn. There are also plans to improve connections with other neighbourhoods in the district of Sants-Montjuïc, the Zona Franca and L’Hospitalet de Llobregat.

The main projects in progress in La Marina del Prat Vermell are:

Housing

Twelve thousand homes will be built in an area of 75 hectares, 6,426 of them with official protection. There are currently three developments under way: two of which are about to be completed (Cal Cisó, 49-59, and Ulldecona, 2-10) and one which is under construction (Acer, 10). These new buildings come in addition to the six blocks already built, with a total of 200 homes, 136 of them publicly owned.

Facilities

Some local facilities are currently operative: the IES Mare de Déu de la Mercè, the Centre Residencial Esclat, the Casa de la Pagesia and police station for the Mossos d’Esquadra corps. Other facilities to be added will be a municipal nursery school with a capacity for between 100 and 150 infants, a primary healthcare centre, an all-through school, an activity centre for children and teenagers and an economic promotion office.

Green spaces

Work on the neighbourhood’s green lung will be completed in the autumn, with the Parc de les Tretze Roses offering a large space of over 2 hectares, with rest areas, play areas and more than 200 trees. The park will have different interconnecting areas, including a small meadow for play and rest, with a slight slope to facilitate children’s entertainment and other activities. The project includes a second, larger meadow, between two walls of vegetation. This area will also act as a tank for filtering rainwater.

Infrastructures and urban landscape

Urbanisation work has now been completed in streets and green spaces in sector 10, delimited by the streets of Ulldecona, Cal Cisó, Motors, Ascó and Passeig Zona Franca, with work under way in the streets of Ferro, Foc, Cobalt and Plom.

As for infrastructures, La Marina del Prat Vermell will have two environmental systems to save water and energy. One will see the neighbourhood save 20% in energy thanks to a centralised heating and cooling network and the generation of renewable energy in public spaces and buildings. The other will be a groundwater network and urban drainage system to cut the consumption of safe water by more than 25%.

Connection with other neighbourhoods

Autumn brings the conclusion of urbanisation work in the park between Can Clos and La Marina. This urban park will have rest areas and play areas and connect the upper part of Can Clos with the neighbourhood and improve the way the area fits in with the mountain of Montjuïc.

Following a participatory process, the remodelling project for Passeig Zona Franca is now being defined to turn it into a more social street with more space for pedestrians and the promotion of sustainable mobility. A new bike lane and bus lane will connect La Marina del Prat Vermell and the Zona Franca with Ciutat Vella and the city centre.