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

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.​

The city’s cyclable network reaches Passeig de la Zona Franca with a new bike lane

06/11/2020 - 16:14

Mobility and transport. The bus lane in the central section of Av. Diagonal will also be widened to facilitate the circulation of buses and improve the efficiency of the service.

Sustainable mobility in the city gets a boost with two actions to improve the bike network and the bus network. A new 3.6 km bike lane in Passeig de la Zona Franca will connect the neighbourhoods of La Marina with the city’s cycling network, while in Av. Diagonal the bus lane is to be widened to improve the efficiency of the service.

Work on both projects starts on 9 November.

The cycling network grows

The new bike lane will cover the section between Plaça d’Ildefons Cerdà and Carrer dels Motors. It will consist of two one-way lanes, right next to the pavement and separated from the traffic by a strip for services.

The action involves reorganising the spatial distribution of the road surface, with a central reservation with plants and, in each direction:

  • A traffic lane.
  • A bus lane.
  • A service lane: loading/unloading, bus stops and parking spaces.
  • A bike lane.
  • The pavement.

Work should conclude in January 2021.

A more efficient bus service in Av. Diagonal

The improvement to the bus lane in Av. Diagonal will facilitate the circulation of buses and the efficiency of the service by widening lanes to between 2.7 and 3.1 metres between Plaça de Francesc Macià and Carrer de Roger de Llúria.

The project includes the elimination of a traffic lane in the direction of the Besòs and should be completed on 8 December.

Boost for sustainable mobility

The new action comes in addition to other projects to foster sustainable mobility in recent months: