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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.​

Sant Martí is to have 151 new social dwellings built using an industrialised method

02/08/2021 - 16:14

Housing. These are four promotions in all which will be bringing new homes to more than 350 people.

Contracts have been awarded for four social-housing promotion projects in Sant Martí, dwellings that will be built in an industrialised way using a faster and more sustainable method. The goal of the tendering is to reduce the environmental impact associated with the manufacture of the materials and implementation periods of the work, to speed up the expansion of the city’s public housing stock.

The Municipal Institute of Housing and Renovation (IMHAB) has awarded the contract for the project and work for building four public affordable rental housing promotions in the El Besòs i el Maresme and the Verneda i la Pau neighbourhoods, which will provide new homes for more than 350 people.

The promotions will be located in the following plots of land:

  • Carrer de Pallars, 477 (el Besòs i el Maresme), with 42 dwellings, contract awarded to Constraula.
  • Carrer del Marroc, 180 (el Besòs i el Maresme), with 45 dwellings, whose successful tenderers are Constructora del Cardoner, Avintia Construcción, Exe. Arquitectura – Vivas Arquitectos and La Casa por el Tejado – Part by Part.
  • Carrer de Binèfar, 22 (la Verneda i la Pau), with 24 dwellings, run by Grup Mas.
  • Passatge d’Arriassa, no nº (la Verneda i la Pau), with 40 dwellings, whose successful tenderer is Acsa, Obras e Infraestructuras, SAU.

As regards the building process, the four tenders have in common the reduced environmental impact associated with the construction of buildings, which is achieved, on the one hand, with the efficient management of the materials used through recycled and recyclable elements and, on the other, with workshop productions of the structural elements, thereby reducing the work’s impact. The municipal investment provided for is eleven million euros. 

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