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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.​

New urban plans to adapt public space to people’s needs

27/11/2020 - 16:50

Urban planning. The priorities are to generate affordable housing and facilities, and to protect local commerce.

November’s full council meeting approved various urban planning changes to generate affordable housing and facilities and to protect local commerce. The measures will see the former Hotel Buenos Aires in Vallvidrera given over to public use; the spatial reorganisation of 15,000 m2 in t neighbourhood of Sant Genís dels Agudells; the final administrative step for the future Raval Nord primary healthcare centre, and the regulation of activities around C/ Girona, in L’Eixample.

Local use for the former Hotel Buenos Aires

The acquisition of the former Hotel Buenos Aires by the City Council and the change in uses for the area around it will help protect this unique building and create 37 homes for young people and the elderly, as well as a neighbourhood facility.

The district of Sarrià-Sant Gervasi only has 209 homes with below-market rents, some 0.37% short of the 15% that should be used for social policies, as set out in the housing law.

Seventeen of the new homes created will be for elderly people and are to be located in the former hotel building, which will also have a neighbourhood facility on the ground floor. The other twenty homes will be for young people and will go in a new building next to the hotel.

The former Hotel Buenos Aires corresponds to the final stage of modernisme in Barcelona. Originally conceived as a hostel in 1885, it acquired its current look between 1908 and 1909 after a renovation project turned it into a large hotel.

With the final municipal administrative procedure now completed, the project must now be approved by the Sub-commission for Urban Planning in Barcelona.

More housing and facilities in Horta-Guinardó

A new urban plan reorganises the area between C/ Sinaí, C/ Natzaret and C/ Samaria, in the neighbourhood of Sant Genís dels Agudells. The change will allow for the creation of 25 homes with services for vulnerable groups such as young people and the elderly. A neighbourhood facility will also be created.

The measure allows for the construction of a private student residence with a capacity for 510 students, which should offer 40% of places at subsidised prices.

There will also be urban planning changes in the area to improve routes connecting the various streets and to increase green areas.

The process must now be approved by the Sub-commission for Urban Planning in Barcelona.

More health in El Raval

The new urban plan ascribing medical and healthcare uses to the Capella de la Misericòrdia will enable the new Raval Nord primary healthcare centre to be located there, increasing the services currently offered in the neighbourhood. The project responds to a long-standing demand from local people.

The next step will be the start of the process to transfer the use of the building to the Catalan Health Service so that the future primary healthcare centre can be built.

Neighbourhood life in C/ Girona

The regulation of activities around C/ Girona, in the Dreta de l’Eixample neighbourhood, will guarantee a balance between commerce, the use of public space and local residents’ right to rest, avoiding saturation by restaurants, leisure and services.

The area being regulated falls between C/ Roger de Llúria, C/ Còrsega, Passeig de Sant Joan, Ronda de San Pere and Plaça d’Urquinaona. A system established here will control density and avoid the concentration of business activities that saturate the area and have the greatest impact.

C/ Girona is also set to become one of the first green streets as part of the Barcelona Superblock programme, giving priority to pedestrians, recreation and public space for neighbourhood life.