In this section you can a useful Dictionary with all the most common terms used in the Spanish Property Sector.
Acreedor:
Creditor
Acuerdo:
Agreement
Administrador de Fincas:
Property Administrator
Adosado:
Semi-detached Villa
Agencia Inmobiliaria:
Real Estate Agent
Amortización:
Regular and continued payment of a mortgage
Apartamento:
Apartment / Flat
Arras / Señal:
Deposit
Arrendador:
Landlord
Arrendatario:
Rentee
Ático:
Penthouse
Aval:
Guarantee requested by some banks to grant a mortgage.
Banco:
Bank
Beneficiario:
Beneficiary
Caja de Ahorros:
Savings bank
Cancelación:
Cancellation
Cargas Registrales:
Charges registered on the property (i.e. Mortgage)
Casa:
House
Certificado Registral:
Official certificate from the Property Register whereon all charges on the property are registered.
Chalet:
Villa
Comisión:
Commission
Compra:
Purchase
Comprador:
Buyer
Comunidad de Propietarios:
Community of Property Owners
Contra Oferta:
Counteroffer
Contrato:
Contract
Contrato de Arrendamiento:
Rental contract
Contrato de Compraventa:
Sales Contract
Cuenta Bancaria:
Bank Account
Cuota Hipotecaría:
Monthly payment of Mortgage:
Declaración de Obra Nueva:
Certificate Needed to Initiate a Building
Deducción:
Deduction (Fiscal Benefit for Property Owners)
Déposito:
Deposit
Depreciación:
Depreciation
Deuda:
Debt
Dinero:
Money
Documento Privado:
Private Document
Documento Público:
Public Document
Edificio:
Building
Edificabilidad:
Refers to the maximum square meters that can be constructed on a certain plot.
Embargo:
Possession or Control taken by a Creditor
EscrituraPublica:
Public Title Deed
Euribor:
European Inter-bank Interest Rate (settled by the European Bank)
Fianza:
Normally a Guarantee in form of a deposit
Garantía:
Guarantee, warranty
Gastos:
Costs
Hacienda:
Tax Office
Heredero:
Inheritor
Hipoteca:
Mortgage
Impuestos:
Taxes
Impuestos de Actos Jurídicos Documentados:
Tax Paid on Document Registered in the Title Deed (i.e. like the Mortgage)
Impuesto de Bienes Inmuebles(IBI):
Yearly Property Tax
Impuestos de Transmisiones Patrimoniales:
Property Transfer Tax
Impuesto sobre el valor añadido IVA:
Value Added Tax (VAT)
Inmobiliaria:
Real Estate Agent
Inmueble:
Real Estate
Interés:
Interest Rate
IRPF:
Income tax
Ley:
Law
Libre de Cargas:
Free of Outstanding Debts
Licencia:
License
Licencia de Obras:
Building License
Licencia de Primera Ocupación:
Certificate needed before a new building can be used to live in.
Metros Cuadrados:
Square Meters
NIE:
Personal Identification Number for Foreigners
NIF:
Fiscal Identity Number
Nota Simple / Nota Registral:
Certificate from the Land Registry stating ownership, debts, etc of a certain property.
Notario:
Notary
Nueva Construcción:
New Building
Obra Nueva:
New Construction
Oferta:
Offer
Opción de Compra:
Option to Buy a Property
Pagar:
Pay
Pago en Efectivo:
Cash Payment
Pago Inicial:
Down Payment / Deposit
Parcela:
Plot of Land
Piso:
Flat / Apartment
Plan Parcial:
Development plan
Plusvalía:
Property Tax
Poder Notarial:
Power of Attorney
Precio:
Price
Préstamo:
Loan
Préstamo Hipotecario:
Mortgage Loan
Promotor:
The Person / Company behind a new construction.
Propiedad:
Property
Propietario:
Property Owner
Registro de la Propiedad:
Land Register
Representante Fiscal:
Tax Representative
Residente:
Resident
Se Alquila:
For Rent
Se Vende:
For Sale
Seguro:
Insurance
Señal:
Deposit
Solar:
Plot
Suelo Urbanizable:
Land where it is possible to build.
Tarjeta de Residencia:
Residency Card
Tasación:
Independent Valuation of Property
Terreno:
Plot of Land
Tipo de Interés:
Interest rate
Título de Propiedad:
Porperty Ownership Deed
Traspaso:
Transfer
UTM:
Plot Number at the Land Register
Valor Catastral:
The Value According to the Land Register
Valor de Mercado:
Real Market Value
Vendedor:
Seller
Vivienda:
Property
Vivienda de Protección Oficial (VPO):
Property Subsidized by the State
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