Ten sites for the construction of nearly 600 protected homes

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 blocks will be located in the districts of Sants-Montjuïc and Sant Martí.

The Full Council has agreed to grant Incasol the use of ten sites in the city to build 582 homes with social rents. The blocks will be located in the districts of Sants-Montjuïc and Sant Martí and are expected to be available before the first quarter of 2029.

The move forms part of the first stage of a collaboration agreement with the Government of Catalonia, which should generate a total of 1,700 homes in the city and a more inclusive and sustainable construction model.

The new blocks will give priority to energy management and the rational use of resources during both the construction process and the useful life of the buildings.

The sites in this first stage are:

District of Sants-Montjuïc

Carrer del Plom, 17: 82 homes
Carrer de Miquel Porter Moix, 16-20: 75 homes
Carrer de Miquel Porter Moix, 17: 14 homes
Carrer de Miquel Porter i Moix, 25-27: 79 homes

District of Sant Martí

Carrer de Pere IV, 113: 8 homes
Carrer del Doctor Trueta, 130-134: 28 homes
Carrer del Doctor Trueta, 187-189: 33 homes
Carrer de Binèfar, 30-40: 209 homes
Carrer d’Àvila, 96: 34 homes
Carrer del Marroc, 124-126: 20 homes

The agreement between Barcelona City Council and the Government of Catalonia responds to one of the municipal government priorities set out in the Pla Viure to guarantee people’s right to decent and affordable housing.