Tanca Tanca

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.​

Barcelona City Council Promotes Collaborative Housing in Europe with the NETCO Project

29/08/2024 - 09:25

Habitatge. The main objective of this first phase of the project has been to promote the exchange of collaborative housing models at the local level among professionals, civil society, and organizations.

Barcelona City Council, through the Municipal Institute of Housing and Rehabilitation of Barcelona (IMHAB), has led, for nearly two years, the first phase of the European project NETCO, the Network of Cities for Collaborative Housing. The role of the City Council in the development of the initiative has been coordination, within the framework of the European Commission’s Citizenship, Equality, Rights, and Values Programme. The team included 16 partners, among them, 10 countries belonging to the European Union.

NETCO has been funded by the European Union and has been structured with short, medium, and long-term objectives. The first, and the basis of all the actions developed, has been the mobilization of cities, local practitioners, and individuals interested in the collaborative housing model, in order to exchange ideas and address social inclusion and participation through a practical approach.

The next step has been the opening of forums and channels between collaborative housing initiatives and stakeholders, including local public bodies. This strategy has sought to promote policy changes and instruments that would facilitate the success of the wide range of initiatives presented.

Finally, the long-term goal of the project has been to contribute to the establishment and improvement of collaborative housing programs at the local level, the scaling up of these initiatives and the expansion of the Network to include other cities and policy levels.

A diverse team enhancing collaborative housing

The project ran from May 2022 to April 2024. The cities and countries involved are: Catalonia (Barcelona, as coordinator), Germany (Berlin and Dresden), Portugal (Lisbon), Greece (Thessaloniki), Netherlands (Amsterdam and Eindhoven), France (Grand Lyon and Strasbourg), Croatia (Zagreb), Romania (Cluj), Belgium (Brussels), Slovenia (Ljubljana), Italy (Turin and Bologna), United Kingdom, and Norway (Oslo).

A diverse composition that has provided a balanced representation of cities from northern, southern, central, and eastern Europe, each with distinct welfare state systems and local policy schemes.

To strengthen collaboration and teamwork in the continuity of NETCO, various debate sessions on key policies necessary for the success of collaborative housing have been organized. These meetings, both online and in-person, have always been oriented towards practice, to align the knowledge and interests of participants, practitioners, civil society, and organizations.

Barcelona has organized three of the six events that have taken place during these months:

  • A webinar focused on collaborative housing as a key local policy during COVID-19.
  • A European conference on making local innovation sustainable, emphasizing the role of public resources in collaborative housing.
  • A webinar to provide recommendations and next steps for collaborative housing.

What do we mean by collaborative housing?

Collaborative housing includes different ways of organization, from cohousing to community land management. This coordination enhances civic engagement and promotes social cohesion in cities, as well as including low-income households that might otherwise be excluded from gentrifying neighborhoods.

This form of cohabitation and housing organization can be a solution to address racial, gender, and generational inequalities through participation in neighborhood initiatives and community engagement. Within the framework of NETCO, collaborative housing refers to initiatives where residents play an active role in the ongoing management of the residential community.

For further information, visit NETCO project website here or read the NETCO report 2024 with Policy Recommendations.