Second block of industrial-built APROP housing completed at Glòries

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.

Housing. The block in Glòries includes 42 homes and will help guarantee temporary accommodation for a hundred people.

Work has been completed on the second block of temporary local housing (APROP). Located in Glòries, the building has seven floors, 42 homes and a capacity for 100 residents. The block was built in record time (26 weeks) with a budget of 5.77 million euros. APROP blocks are conceived as temporary housing solutions to guarantee homes for people in emergency situations.

Decent homes to tackle emergencies

Provisional local housing (APROP) is aimed at people and families with children and at risk of social exclusion who have no home or whose home is not suitable to live in. These are people experiencing serious socio-economic hardship and in need of socio-educational support.

The housing resource is managed by Social Services, which refers users, and the maximum stay envisaged is two years. People accessing APROP homes contribute 20 to 30% of their incomes towards the cost.

To enable people to move on from these temporary homes with the best possible guarantees of autonomy and self-sufficiency, each household has a personal and family improvement plan. These set out the support path for them to get back on their feet and become empowered. The plans are developed by Social Services, APROP professionals and users themselves.

Second block of APROP housing

Of the 42 homes in the new block in Glòries, 35 have two bedrooms and 7 have one. Each of the seven floors has five 2-bedroom homes and one 1-bedroom home. The flats with two rooms have a useful floor space of 52.7 square metres and feature a lounge with a dining area, a kitchen, storage space and a full bathroom. The homes with one double bedroom have 25.8 square metres and feature a living room, a kitchen and full bathroom. All of the flats have an outdoor balcony.

On the ground floor of the building there are management and support spaces and areas for communal activities, plus a communal laundry and a multi-purpose room for use by residents. The inner quadrangle includes an up-to-the-minute hydroponic cultivation space, managed by residents and organisations for people with disabilities linked to the Municipal Institute for People with Disabilities (IMPD).

This second building means the city now has 64 APROP homes, counting the ones in the initial project in Ciutat Vella, with its 12 homes.

Industrial-built housing

APROP housing offers industrial-built public housing blocks. In other words, blocks built using innovative methods and materials to enable them to be constructed in a much shorter time frame than conventional buildings. These temporary homes are made using reconditioned shipping containers through a modular design and adopting industrial production techniques for quick and efficient assembly.