Tanca Tanca

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

If you want to know how to get access to public housing, you will find the necessary steps and requirements here. You will also find the necessary information and advice for renting or buying accommodation, as well as new tenancy formulas, such as cohousing.

Applicants Register and the Public Housing Stock

A woman consulting her laptop at home

Applicants Register

The first step for the obtention of public housing accommodation is to register in the Applicants Register for Social Housing. It is intended to facilitate the social housing adjudication and to preserve transparency of procedures.

A group of women in front of a building facade

Public Housing Stock

Once registered, you can visit the Public Housing Stock. Its aim is to guarantee access to quality and affordable social housing. Click here to find out more about it.

Renting, buying and selling, and cohousing

Outside facade of a building

Rental advice

Do you want to know your rights and obligations as a tenant? Or as a property owner? You will find all the information about housing regulations here.

Entry door to a home

Advice for buying and selling

Do you have queries about how to buy accommodation? What guarantees do you have? You will find all the information about housing regulations here.

A group of neighbours meeting at the entrance of their house

Cohousing, a change of model

Cohousing is an alternative to the current model, which allows a community of people to get access to housing by forming a co-operative. Find out more.

Share this content