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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.

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Sustainable building award for the public housing development in Carrer Veneçuela

09/05/2025 - 12:30

Housing. The social housing block in C/ Veneçuela gets a sustainable building award.

The building of 140 homes with social rents and rents with services for the elderly at C/ Veneçuela, 96, Barcelona, won an award in the sustainable new buildings category of the eleventh annual awards for good practice by the Spanish Association of Promotors of Public Housing and Land (AVS).

This block of homes with social rents brings together two strategies that characterise energy sustainability, earning this award by the AVS. The first is the bioclimate atrium, which in the winter harnesses power from the sun and acts as a thermal cushion, helping to increase temperatures inside the homes by ten degrees. In the summer, the atrium acts as a solar chimney, increasing the speed of the air and cutting the thermal sensation by three degrees.

The other strategy that stands out in this building in terms of energy sustainability is its structure, built with prefabricated concrete pieces. This optimises construction and cuts the amount of concrete per square metre, reducing the building’s CO2 emissions as a result.

The award-winning building, promoted by the IMHAB and the work of a joint venture by architectural teams from Peris + Toral Arquitectes and Eletresjota Tècnics Associats, is located between the streets of Josep Pla and Agriculture and the newly created Passatge del Treball. The building is the biggest to be constructed in the district of Sant Martí in the last few years and was handed over at the end of 2024. It includes 60 homes with services for the elderly, 76 homes with social rents and 15 accommodation units.

Special mentions for the Lola Iturbe and Botella buildings

Besides the award for the block at Veneçuela, 96, two other projects promoted by the Barcelona Municipal Institute for Housing and Renovation (IMHAB) received special mentions in the AVS awards.

The first was the building in C/ Lola Iturbe Arizcuren, also in the district of Sant Martí, which got a special mention in the new sustainable building category for the “Terrasses per a la vida” industrialised construction project. The work of the architects Vicente Guallart and Daniel Ibáñez, this project includes 40 homes with social rents and is characterised by its laminated wooden structure, as well as the use of other materials with a low environmental impact. Also worth noting are the building’s balconies and the crossable rooftop, which has a solar greenhouse for cultivating food.

For its part, the building in C/ Botella, in El Raval, got a special mention in the category for the renovation of heritage buildings in line with the new European Bauhaus. This 18th century building, listed as historical and artistic heritage, has eleven protected homes and four offices. The renovation project by the IMHAB improved the structure and energy efficiency of the building, as well as recovering the baroque sgraffiti on the façade.

The AVS awards we given in a gala, held this year at Palo Alto in Barcelna and coinciding with the FHAR 2025 (Barcelona Housing and Renovation Forum).