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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.​

Measures to cut noise at night in Ciutat Vella

04/08/2022 - 12:44

City Council. The measures include bringing forward closing times by an hour for bars and restaurants and their terraces, plus food and drink stores, in C/ Joaquim Costa, Pl. Àngels, C/ Escudellers and Pl. George Orwell.

A series of measures are to be applied in Ciutat Vella as part of the plan to cut noise pollution in streets and squares prone to excessive noise levels. The measures include bringing forward closing times by an hour for bars and restaurants and their terraces, plus food and drink stores, in C/ Joaquim Costa, Pl. Àngels, C/ Escudellers and Pl. George Orwell.

Bars and restaurants in these parts of Ciutat Vella must close a 2 am, while terraces must close at 11 pm throughout the week. Other measures to be implemented include a limit on the number of modules per terrace and a prohibition on joining tables together, limiting them to four people or a family group so that larger groups move inside the premises. Food and drink stores will have to close at 10 pm.

Tables and chairs will also need to have plastic feet and chains used to secure elements on terraces must be plasticised. The plan also includes limits on concerts and events in these streets and restrictions on the introduction of new activities. Inspection plans and monitoring tasks will also ensure establishments comply with the maximum capacity for all activity.

Cleaning services will be bolstered so that establishments dump glass in containers during the day and not at night. At the same time, awareness campaigns will continue, with more staff laid on for this purpose until the year is out. The plan also involves a greater City Police presence in these streets.

The measures only affect these spaces in the district and are set to come into force once all the relevant administrative procedures have been completed. The plan to cut noise comes after results from sound meters in these locations in Ciutat Vella showed that permitted thresholds were consistently exceeded by 3 decibels at night.