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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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IMHAB presents at Construmat the solutions of innovation and sustainability in the construction of public housing

21/05/2025 - 12:54

Habitatge. Barcelona City Council reaffirms its commitment to public housing that goes beyond economic accessibility, betting on quality of life, energy efficiency and social cohesion.

This week, Fira de Barcelona is hosting Construmat, the benchmark event in the world of construction and rehabilitation, and, once again, Barcelona City Council, through the Municipal Institute of Housing and Rehabilitation of Barcelona (IMHAB), is present with its model in favour of sustainable, innovative and high quality housing.  
This was evident during the presentation by Gerard Capó, Housing Manager of the Barcelona City Council, IMHAB and the Barcelona Housing Consortium, who put on the table the challenge facing the city, with a deficit of 90,000 flats and where 44% of the population must dedicate more than 40% of their income to paying for housing.   
Faced with this situation, as Capó has pointed out, Barcelona is promoting a model where the collaboration of public and private entities is key to respond to the objective of making more homes, building them faster, and making them more sustainable and economical.   
But not only does the construction of new promotions help to face the lack of housing, so does the commitment to urban rehabilitation and regeneration, an increase in funding by the state and a favorable regulatory and tax framework, as well as addressing the problem with a metropolitan perspective.
A sum of factors that allow that, from the IMHAB, more than 10,000 public homes are currently managed and new promotions are still promoted where quality of life, energy efficiency, and social cohesion of communities are put at the center.

Projects, immersive video, and virtual reality glasses at the IMHAB stand

In the exhibition space of 98 m², the IMHAB shows visitors a total of 9 newly built public housing developments in the city of Barcelona. In addition to models for each project, it incorporates virtual reality glasses to discover how these homes are inside, as well as an immersive video highlighting the affordable, quality, sustainable, and efficient housing that generates community.
Thus, projects such as the 72 social rental homes on Ulldecona Street, with a sustainable structure and almost zero consumption, the promotion of Veneçuela with 151 homes -of which 60 are for the elderly -, bioclimatic spaces and urban gardens, and buildings built with wood such as those in Binèfar and Pallars Streets, which reduce the environmental impact, can be known. Also noteworthy are the homes with services for the elderly in Casernes C and the large Illa Glòries project with 238 homes with official protection, photovoltaic panels, and landscaped roofs.

IMHAB sets itself the goal of achieving a public park of 15,000 flats in 2027

The IMHAB foresees a significant acceleration in its housing construction policy, within the framework of the strategy set by the Pla Viure, starting with the mobilization of land for the construction of 10,000 new flats in the coming years.
Specifically, during 2025, the delivery of 1,000 homes is expected to be added to the 1,000 already delivered between June 2023 and December 2024. This production will accelerate to reach 5,000 homes delivered by 2027, which will form a public park with a total of 15,000 flats, thus consolidating the commitment to the expansion of affordable housing in the city.