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.​

Regulatory plan for tourist accommodation updated with the new regulations on shared homes

03/02/2021 - 14:45

Urban planning. Rooms can be rented for stays of 31 days or more, such as those by students or temporary workers.

The Special Urban Plan on Tourist Accommodation (PEUAT), which regulates tourist accommodation in the city, is being adapted to the new Catalan government regulations on shared homes. Rooms can be rented for stays of more than 31 days, such as those by students or temporary workers. The goal is to protect the right to housing, the community and the diversity of uses.

The update to the plan also means:

  • New tourist beds can be allocated in the 22@ Nord area if current places are withdrawn, but the overall number of beds available cannot be increased.
  • Limits on the opening of new student residences in the areas where pressure from tourism is greatest, such as Ciutat Vella, L’Eixample and part of Gràcia. These will only be accepted if they are reconversions of tourist accommodation or youth hostels.

The update to the PEUAT adapts it to the new Catalan government regulations on shared homes, which municipal councils are responsible for regulating.

The proposal, approved by the municipal Government Commission, will now be debated with political groups, organisations and economic stakeholders before it goes before the Full Council. Until the update to the PEUAT is approved by the Full Council, the suspension of licences, extended to apply to all tourist activities, will remain in force.

A plan to preserve community life

Approved in 2017, the PEUAT sets out the less congested areas where tourist accommodation can be increased, the areas where current levels can be maintained and the areas where scaling down is to be incentivised, meaning accommodation businesses that close down cannot be substituted.

There are currently 154,261 places in tourist accommodation in the city. The priority for the plan is to protect the neighbourhoods most affected by the saturation of tourism and allow for an orderly implementation of new tourist accommodation in the least congested neighbourhoods.