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.​

More public housing in the green street in L’Eixample

01/02/2023 - 20:29

Housing. Purchase of two buildings through the right to first refusal, preventing property speculation.

Two properties have been purchased in the Consell de Cent green street using the right of first refusal, which gives the City Council preference in buying housing to prevent speculation. The municipal investment is 7.8 million euros and includes the purchase and renovation of two blocks at a price 27% below the average market value. The acquisition will mean 24 flats can be used for affordable social rentals.

The right to first refusal is an essential tool allowing the City Council to acquire public housing, particularly in central areas which tend to suffer more heavily from gentrification and where new building projects are difficult due to a shortage of available land. This is the case in L’Eixample.

The purchase of the two buildings brings the number of blocks acquired in areas undergoing transformation to seven. These areas include the green streets in the Barcelona Superblock programme, the purchases made to date adding 111 homes to the city’s public housing stock in all.

Goal: to stop local people being driven out

The first acquisition is at C/ Villarroel with C/ Consell de Cent, in the Antiga Esquerra de l’Eixample. The building has sixteen homes, plus an office and some commercial premises on the ground floor. Various property operations mean that all the homes in this block are currently uninhabited except for one flat, the contract for which will be extended.

The purchase halts the process of gentrification and decay of the building, guaranteeing that the flats will be offered with affordable social rents. The amount is 4 million euros, with a further 1.6 million needed for the renovation.

The second building purchased is in C/ Consell de Cent, between the streets of Viladomat and Comte Borrell, in Nova Esquerra de l’Eixample. The block has eight flats, four of which are empty. The rest have tenants, whose contracts will be extended. The cost of this purchase is 1.9 million euros, with the renovation cost calculated at 322,590 euros.

Fifteen times more public housing in L’Eixample compared to eight years ago

Between residential blocks purchased and new blocks built, the district of L’Eixample has gone from 47 municipally managed flats in 2015 to the current figure of 427. That number is set to rise to 715 flats when the projects currently in progress are completed. One of these is the Illa Glòries, the largest development by a city council in the Spanish state, with 238 flats to provide housing for over 800 people.