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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.​

Winning project for the Casetes d’Encarnació: 15 publicly owned homes and a new public square

18/10/2024 - 12:40

The project includes the construction of fifteen homes with services, a new public square around the two-hundred-year-old tree and a facility to be used as a centre for the elderly, conserving the iconic façade of the old houses.

The winning project in the architecture competition for public housing and the urbanisation of the Jardí de l’Alzina, in the Vila de Gràcia neighbourhood, opens up a new space for people to pass through and becomes part of the urban corridor formed by the squares of Diamant and Virreina. The project includes the construction of 15 homes with services and a facility to be used as a centre for the elderly, conserving the iconic façade of the old houses in C/ Encarnació and adding a new four-floor structure four metres back from the façade.

A winning project has now been confirmed in the competition to create public houses with services and urbanise the former homes known as the Casetes d’Encarnació, on the corner with C/ Manrique de Lara, in the Vila de Gràcia neighbourhood. Under the slogan “La Plaça del Quercus”, the IMHAB Encarnació joint venture envisages a new public square around the two-hundred-year-old tree, creating more spaces and renewing the area for the public to use in this part of the neighbourhood, and also becoming part of the corridor formed by the iconic squares of Virreina and Diamant.

Gràcia gains a new public square
The new open square will establish a new route from C/ Montmany to C/ Manrique de Lara, with the holm oak gaining new centrality and visibility, without the current walls of the former houses which at present enclose the Jardí de l’Alzina. The configuration of the whole area is shaped by the new square, taking a rectangular form with the longest side bordering C/ Manrique de Lara and the short side bordering C/ Encarnació. The goal is to clear buildings from the space recommended for conserving the roots of the bicentenary tree. The square will have a soft surface, the idea being for it to be 100% draining, allowing rainwater to filter through. The project keeps the existing trees, besides the holm oak, and adds native species of vegetation with no irrigation demands. The rainwater collection systems, coupled with this xeriscaping, is intended to create a garden with no external watering needs.

Conserving the façade of the Casetes de l’Encarnació
The new building will be aligned with the current façade, which must be conserved according to the competition. The new construction of 15 homes with services and a centre for the elderly on the ground floor will consist of the ground floor and three upper floors, four metres back for the current façade of the houses, which will keep their current height of two floors. The configuration of the square and the building will also allow for different entrances to the homes and the facility, with the entrance to the homes at the far end of the side nearest the mountains in the new Plaça de l’Alzina, from C/ Manrique de Lara, while the railed entrance in C/ Encarnació provides access to the centre of the elderly.

The First Deputy Mayor for Urban Planning, Ecological Transition, Urban Services and Housing, Laia Bonet, made a positive assessment of the Casetes d’Encarnació opening up to the neighbourhood: “With this architecture competition we respond to two needs, of protecting the natural and architectural heritage of Gràcia and helping it to endure, with the holm oak and the houses, and of making this heritage accessible, with a new square and a new facility”. The Deputy Mayor, also the Councillor for Gràcia, noted too that “it is vital to gain public housing in a dense and consolidated environment like the Vila de Gràcia, where all options need to be taken advantage of to boost the public housing stock”.

In this respect, the Commissioner for Housing, Joan Ramon Riera, noted that “Barcelona City Council is working to be able to construct and renovate public and protected housing in all possible ways, all over the city”. “Housing is the number one priority for the municipal government, and we are putting every effort into boosting the availability of affordable housing so that nobody has to leave the city to realise their life projects” he affirmed.

What will the 15 homes with services be like?

As for the homes, all of these will have two bedrooms of equal dimensions, offering greater flexibility and adaptation for different types of family units, known as the dehierarchisation of housing. The building will have different communal spaces for residents to use, promoting interaction, an inner yard with bike parking, a communal terrace on the first floor and access walkways to the homes. The building will be a single compact construction, oriented towards the south-west and the north-east for good cross-ventilation, sun and natural light in all flats.

With the competition resolved, now comes the drafting of the basic project and the final project, the urban planning process for a new plan suited to the configuration proposed in the winning project and then the tendering procedure for the work. The final project will define the investment needed for the construction of the homes and the provision is that work will be able to start at the end of this term of office.