Abogado

Lawyer/solicitor (see alsoSolicitor fees in Spain)

Hipotecar

to mortgage

Administrador de fincas

Spanish licensed property administrator

Hipoteca de inversión

Endowment mortgage

Agente de la Propiedad

Property Agent

Hipotecable

Mortgageable

Amortización

Repayment of loan/mortgage, depreciation

IBI Impuesto sobre Bienes Inmuebles

Spanish yearly property tax

Arbitraje

Arbitration

Impuesto sobre actos jurídicos documentados

Legal documentation tax

Arras

Down Payment, deposit

Impuesto sobre el Incremento del Valor de Terrenos

Tax on the increase of land value

Arrendador

Landlord

Impuesto sobre el patrimonio

Capital gains tax Spain

Arrendatario

Tenant

Inmobiliaria

Estate agent

Aval

Loan guarantee

IVA Vivienda

Property VAT

Avalista

Guarantor (of a loan)

Libre de cargas

Free of debts

Bungalow

2 or 3 storey terraced house

Libro del edificio

Documents handed over by the promoter when a building is finished

Caja de ahorros

Spanish savings banks

Licencia de obra

Building permission

Cargas

Charges, burden, arrears

N.I.E.

NIE

Catastro

Spanish Land Register

Notario

Notary

Cláusula

Clause in a contract

Nota simple registral

Certificate from a property register

Cláusula abusiva

Unfair clause in a contract usually to the detriment of the consumer

Novación

Renegotiation of mortgage terms

Cédula de habitabilidad

Certificate of occupancy

Obra Nueva

Document certifying a brand new building

Certificado registral

Certificate informing about debts of a specific property

Oferta vinculante

Bank document certifying the exact mortgage conditions

Chalet

Villa

Pago en efectivo

Cash payment

Compra sobre plano

Off-plan property purchase

Parcela

Plot of land

Comunidad de propietarios

Association of property owners

Piso

Flat

Contrato de arrendamiento

Letting/renting contract

Poder

Power of attorney

Contrato de compraventa de vivienda

Private property sales contract

Préstamo con techo

Loan with variable interest rates with a fixed minimum and maximum

Cooperativa de viviendas

Housing co-operative

Préstamo cualificado VPO

Special loan given only for the purchase of low-cost housing

Cuenta de ahorro vivienda

Housing savings account with special tax benefits

Préstamo hipotecario

Mortgage loan

Derecho de tanteo

Right of first refusal

Plusvalía Municipal

Capital gains tax on the sale of property

Derecho de retracto

Right of repurchase

Proindiviso

Co-ownership, when a property has more that one owner

Desahucio

Eviction

Promotor

Property developer

División horizontal

Official document to describe division pf property between different owners

Registro de la propiedad

Property ownership register

Documento privado

Private document

Representante fiscal

Official tax representative

Documento público

Public document

Residencia (permiso)

Residency permit

Escritura

Deeds

Residente

Resident

Escritura pública de compraventa

Title deeds

Segunda vivienda

Second home

Euribor Official

Euro Interbank offered interest rate

Seguro multirreisgo hogar

House insurance

Fianza

Deposit

Se alquila

For rent

Finca

Estate

Se vende

For sale

Folleto informativo

Information leaflet/brochure

Seguro de amortización de préstamos

Loan repayment insurance

Gestoría

Firm specialised in obtaining official authorisations, permits, licences etc

Señal

Deposit, down payment

Gestoras de cooperatives

Firm specialised in obtaining official paperwork in relation to housing co-operatives

Subvención

Subsidy

Hipoteca

Mortgage in Spain

Superficie útil

Useable square metres in a property

Tipo sustitutivo de referencia

Substitution of the official interest rate - for example the euribor

Tasación

Independent valuation of property

Titulo de propiedad

Deeds stating the ownership of property, date of sale etc...

Terreno

Plot of land

Valor catastral

Registered value of land

Tipo de interés

Interest rate

Verificación

Verification

Vivienda de Protección Oficial (VPO)

Low-cost housing subsidised by the state