Participatory process under way for the new Housing Plan

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 initiatives implemented in recent years will be assessed and proposals made for guiding municipal police over the next eight years.

The future Barcelona Housing Plan 2025-2032 is now under way with a participatory process open to members of the public and the stakeholders involved. This initiative, which forms part of the Living Plan, should assess the measures implemented in recent years in the city and open up a space for debate where new perspectives can be offered to define the strategic lines guiding municipal housing policies over the next eight years. The participatory sessions will go on until the summer of 2025.

The process is based around three themes responding to the goal of the Living Plan:

Guaranteeing the right to housing through the expansion of the affordable social housing stock.
Promoting the renovation and improvement of existing housing.
Paying particular attention to vulnerability and responding to demographic challenges.

The process is being held in various participatory spaces, such as the Advisory Council for the Elderly, the Barcelona Youth Council and the Barcelona Social Inclusion Housing Network. All sessions will be complemented with a digital debate on the platform Decidim.barcelona.

The Barcelona Social Housing Council (CHSB) is heading the process as an advisory and participatory body on the city’s housing policies.