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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.

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.​

Transformative policies are the protagonist of the new housing book promoted by the Barcelona City Council

31/03/2023 - 12:01

Housing. The measures implemented by the City Council since 2015, the obstacles to overcome, and the challenges for the future mark the presentation of the book 'HABITATGE. Barcelona 2015-2023', prepared by more than forty authors.

Barcelona is undergoing a profound transformation in terms of housing that have brought the right to a decent and affordable home to the forefront, to the point of being an example for many other major international cities. This is made clear in the book ‘HABITATGE. Barcelona 2015-2023‘, promoted by the Barcelona City Council, which makes extensive and complete radiography of the strategies, mechanisms, and tools that have been promoted in recent years based on the opinion of more than forty authors.

The publication, presented in society on Wednesday, March 29 at the Biblioteca Gabriel García Márquez, in the Sant Martí district, featured a round table where visions and analyses of the state of housing in the city were contrasted. With the Crític journalist, Laura Aznar, as moderator, the City Council’s councilor for housing and renovation, Lucía Martín, emphasized the firm commitment made by the council from day one: “We have made very ambitious housing policies that are a paradigm shift from the past when they were aimed more at addressing the housing emergency and left other issues in the hands of the private initiative”.

Measures that know well another of the speakers at the event, was the doctor of architecture and housing councilor between 2015 and 2019, Josep Maria Montaner, who encouraged citizens to assume the conquest of the successes achieved. A good part of them collected from the implementation of the Plan for the Right to Housing 2016-2025, approved at the time with a broad consensus.

“Despite the possible changes that may occur in the consistory, I believe that this consolidated housing policy cannot be reversed, Barcelona society would not allow it. The success is the plan itself, which has been evolving,” says Montaner.

Quantifying the problem

The housing problem, a fine rain that encompasses many diverse issues, required new mechanisms to help detect its cracks. One of the clearest examples is the Barcelona Metropolitan Housing Observatory (O-HB).

“Until 2017 housing is not mediated as a tool for urban transformation. That’s why it was necessary to create a specific instrument,” notes the director of Barcelona Regional, Josep Bohigas, who defines Barcelona as an “urban and social laboratory where innovative proposals are promoted that even force the change of laws.”

Among other renovating initiatives is the housing superisland, explained by Bohigas in the book. “It is based on building a powerful idea of proximity, where housing is at the center and around it, we conquer spaces linked to facilities, basic services, work, people’s care… To articulate many sectors around housing so that the city becomes everyone’s home.

Policies against speculation

Housing superisland are some of the pilot processes that the city has developed, along with APROP housing, the ATRI system, industrialised housing, and new public tender formats, among others. And that will lead the way in the coming years. 

“We have the challenge of continuing to work very focused, beyond the emergency, on all those people who live on rent and who suffer from global dynamics related to a real estate market that seeks maximum profit in the shortest possible time. And this is contrary to the right to housing. Our objective is to continue to push forward policies that fight against this permanent speculation”, concludes Martín.