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.​

  1. Home
  2. Housing Glossary
  3. Housing Glossary

Housing Glossary

You will find information here on all topics relating to housing in Barcelona

Value as new

The value of an object that is insured as if you were to buy it new. The market value according to the age of the object is known as "real value".

Variable interest rate loan

The interest rate remains fixed for a time, often for between six months and a year, and then it is reviewed according to the variation in the benchmark index, published every month in the official gazette (BOE), which varies according to market oscillations. They usually provide the best conditions, but they vary according to the APR. You never know how much you will be paying during the following period.

VAT

Value Added Tax. Taxes the consumption of goods and services. It is paid by the co-operative member who is adjudicated the dwelling.

Verification

Confirmation by the Property Registry to determine if the property is free of encumbrances or not.

Vertical property

A building containing more than one dwelling, the property of one or more people –natural or legal– in which an exclusive dwelling has not been adjudicated to each owner.