Tanca Tanca

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.​

Barcelona City Council signs the land rights for two new cohousing projects

22/05/2023 - 16:53

Housing. The projects, located in the districts of Sants-Montjuïc and Sant Andreu, will be dedicated to affordable rentals and will offer over a hundred housing units between them.

The Barcelona City Council, through the Municipal Institute of Housing and Renovation, signed the deed of incorporation of the right of superficies on two properties located in the districts of Sants-Montjuïc and Sant Andreu. Specifically, the first one will be built on a municipal plot at Carrer Constitució, 43, in the neighborhood of La Bordeta, in favor of the housing cooperative Sotrac. On the other hand, the second plot is located at Passeig de Torras i Bages, 126-128, and is driven by the cooperative Sostre Cívic.

The plot granted on land rights to the cooperative Sotrac Habitatge Cooperatiu SCCL will host a building consisting of 38 officially protected rental housing units, distributed over six floors, including one in cluster format, as well as several communal spaces. Furthermore, the space is part of the Can Batlló complex and is located about a hundred meters from La Borda, one of the first cohousing projects carried out in the city.

On the other hand, the cooperative Sostre Cívic is responsible for promoting the development of up to 80 cooperative housing units at Passeig de Torras i Bages, 126-128. The transfer of the plot is carried out through the procedure indicated in the ESAL Agreement.

Beyond the number of housing units, the project stands out for including an inclusive community of up to 25 individuals, which will have collectively adapted spaces for people with intellectual disabilities. This will be made possible through the agreement signed between the Grup Cooperatiu TEB and Sostre Cívic.

Development of the ESAL Agreement

Signed in 2020 between the City Council and the main federations of cooperatives and social housing foundations, the ESAL Agreement is a pioneering mechanism for cooperation with the third sector, in which public land is assigned to non-profit organizations and the transfer of land. This promotes the construction and renovation of subsidized housing for rental and transfer of the right of use (cohousing) through the constitution of surface rights. This is a tool that boosts the growth of the public housing stock, while diversifying the range of agents involved. 

The Agreement is therefore an alliance between the Barcelona City Council and the Federació de Cooperatives d’Habitatges de Catalunya (FCHC), the Coordinadora de Fundacions d’Habitatge Social (Cohabitac), the Associació Xarxa d’Economia Solidària (XES) and the Associació de Gestors de Polítiques Socials d’Habitatge de Catalunya (GHS).