Dictionary - Real Estate
Abogado | Lawyer/solicitor (see also Solicitor fees in Spain) |
Administrador de fincas | Spanish licensed property administrator |
Agente de la Propiedad | Property Agent |
Amortización | Repayment of loan/mortgage, depreciation |
Arbitraje | Arbitration |
Arras | Down Payment, deposit |
Arrendador | Landlord |
Arrendatario | Tenant |
Aval | Loan guarantee |
Avalista | Guarantor (of a loan) |
Bungalow | 2 or 3 storey terraced house |
Caja de ahorros | Spanish savings banks |
Cargas | Charges, burden, arrears |
Catastro | Spanish Land Register |
Cláusula | Clause in a contract |
Cláusula abusiva | Unfair clause in a contract usually to the detriment of the consumer |
Cédula de habitabilidad | Certificate of occupancy |
Certificado registral | Certificate informing about debts of a specific property |
Chalet | Villa |
Compra sobre plano | Off-plan property purchase |
Comunidad de propietarios | Association of property owners |
Contrato de arrendamiento | Letting/renting contract |
Contrato de compraventa de vivienda | Private property sales contract |
Cooperativa de viviendas | Housing co-operative |
Cuenta de ahorro vivienda | Housing savings account with special tax benefits |
Derecho de tanteo | Right of first refusal |
Derecho de retracto | Right of repurchase |
Desahucio | Eviction |
División horizontal | Official document to describe division pf property between different owners |
Documento privado | Private document |
Documento público | Public document |
Escritura | Title Notary Deeds |
Escritura pública de compraventa | Title Notary Public deeds |
Euribor Official | Euro Interbank offered interest rate |
Fianza | Deposit |
Finca | Estate |
Folleto informativo | Information leaflet/brochure |
Gestoría | Administrative firm specialised in obtaining official authorisations, permits, licences etc |
Gestoras de cooperatives | Firm specialised in obtaining official paperwork in relation to housing co-operatives |
Hipoteca | Mortgage in Spain |
Hipotecar | to mortgage |
Hipoteca de inversión | Endowment mortgage |
Hipotecable | Mortgageable |
IBI Impuesto sobre Bienes Inmuebles | Spanish yearly municipal - local property tax |
Impuesto sobre actos jurídicos documentados | Legal documentation tax - Stamp duty tax |
Impuesto sobre el Incremento del Valor de Terrenos | Muncipal tax on the increase of land value |
Impuesto sobre el patrimonio | Capital gains tax Spain |
Inmobiliaira | Real Estate |
IVA Vivienda | Property VAT (normally 10%) |
Libre de cargas | Free of debts |
Libro del edificio | Documents handed over by the promoter when a building is finished |
Licencia de obra | Building permission |
N.I.E. | It is a number to identify the foreigners in Spain. It is neccesary for all economics purposes |
Notario | Notary |
Nota simple registral | Certificate from a land property register |
Novación | Renegotiation of mortgage terms |
Licencia de Obra Nueva | Document (licence) certifying a brand new building |
Oferta vinculante | Bank document certifying the exact mortgage conditions |
Pago en efectivo | Cash payment |
Parcela | Plot of land |
Piso | Flat |
Poder | Power of attorney |
Préstamo con techo | Loan with variable interest rates with a fixed minimum and maximum |
Préstamo cualificado VPO | Special loan given only for the purchase of low-cost housing |
Préstamo hipotecario | Mortgage loan |
Plusvalía Municipal | Capital gains tax on the sale of property |
Proindiviso | Co-ownership, when a property has more that one owner |
Promotor | Property developer |
Registro de la propiedad | Property ownership register |
Representante fiscal | Official tax representative |
Residencia (permiso) | Residency permit |
Residente | Resident |
Segunda vivienda | Second home |
Seguro multirreisgo hogar | House insurance |
Se alquila | For rent |
Se vende | For sale |
Seguro de amortización de préstamos | Loan repayment insurance |
Señal | Deposit, down payment |
Subvención | Subsidy |
Superficie útil | Useable square metres in a property |
Tasación | Independent valuation of property |
Terreno | Plot of land |
Tipo de interés | Interest rate |