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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.​

Shelter for vulnerable people and essential services bolstered

23/03/2020 - 20:12

COVID-19. An extra 385 places are being made available for the homeless, in addition to the 2,200 places in use every day in the city.

As from Wednesday there will be an extra 385 places in shelters for the homeless, in addition to the 2,200 places already in use in the city to tackle the situation generated by Covid-19. Up to 775 more places may gradually be made available, according to needs and the operational capacity of each centre.

The extra 385 places are as follows:

  • Hall 7, Palau Victòria Eugènia, Fira Barcelona: 6,000 square metres, to house 225 vulnerable people in an initial stage, complying with all the safety protocols designed by the health authorities and ensuring food, safety and hygiene.
  • Pere Calafell centre: operational since Friday and currently providing shelter for 58 vulnerable people. The facilities have been adapted to increase distances and apply safety protocols.
  • Dos de Maig centre: due to become operational on Wednesday, with a specific capacity to shelter 72 women, providing a space to avoid abuse and harassment.
  • New facility with 30 places for people who need to stay in isolation under medical instructions and are referred from among the 2,200 places already in use.

An operation to provide hygiene, laundry and meals is also under way to help those most vulnerable, given the closure and reduced opening times of other specific facilities.

All this will be complemented with 200 tourist flats, which will be rented for two months to handle situations that may arise with women victims of male violence, families with young children and vulnerable people staying at different municipal facilities.

ASPB bolstered

Among the rest of the municipal services being ramped up, one notable example is the Barcelona Public Health Agency (ASPB), which has tripled the staff affiliated to its Epidemiology Service (SEPID), from 27 to 83 professionals. It has also extended its opening times for the public and is operating from 8 am to 8 pm seven days a week.

Work done by the service includes:

  • Phone support: the number of lines offering support for nursing staff with specific training has been increased.
  • Data collection for cases through notifications from the healthcare system or lab tests, along with study of contacts for each positive case.
  • Constant contact with hospitals, primary healthcare teams and other public and private healthcare facilities in the city.
  • Development of databases to provide indicators for monitoring the epidemic in the city of Barcelona.
  • Follow-up of situations in elderly people’s homes, among health professionals and essential services.

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