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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.​

Local people in Sant Andreu to regain 4,500 m2 from the former barracks for municipal facilities

21/05/2021 - 11:47

Urban planning. Mémora Serveis Funeraris is to grant free indefinite use of the land.

Mémora Serveis Funeraris is to grant the free indefinite use of 75% of its site, assigned for private use, so that municipal facilities can be defined with local people and built there. The remaining 25% will be used for the funeral home.

The district of Sant Andreu is to regain 4,500 m2 of the site which the Zona Franca Consortium (CZF) sold to Mémora Funeral Services in April 2018 to build a funeral home on the land where the former barracks stood.

Given the discontent generated among local people, the district set up a working group with community organisations, the CZF and Mémora. As a result of these meetings, and in light of the demands of local people, Mémora has agreed to grant the free and indefinite use of 75% of its land to the City Council.

This means that 1,426.31 m2 of land will be regained for public use, equivalent to 4,500 m2 of built space, on a site which would have been completely given over to private use. The site, valued at 4 million euros, will provide land for the construction of new municipal facilities which must be agreed on with local people to match the current needs in the neighbourhood. Examples here include more housing with services for young people and ground floor premises for community facilities.


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