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Spanish – English Real Estate Glossary

Abogado Lawyer/solicitor
Administrador de fincas 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 Person who guarantees a loan
Bungalow Bungalow
Caja de ahorros Savings bank
Carga Charges, arrears
Catastro Land register
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
Escritura Title deed
Euribor Official Euro Interbank offered rate
Fianza Deposit
Finca Estate
Gestoría Company that handles paperwork for obtaining official authorisations, permits, licences etc.
Hipoteca Mortgage
Impuesto sobre Bienes Inmuebles (IBI) Spanish yearly property tax paid to Town Council
Impuesto sobre actos jurídicos documentados Legal documentation tax
Impuesto sobre el Incremento del Valor de Terrenos Tax on the increase of land value
Impuesto sobre el patrimonio Capital gains tax
Inmobiliaira Estate agent
Libre de cargas Free of debts
Licencia de obra Building permission
N.I.E. Foreigner identification number
Notario Notary
Nota simple Certificate from the property registry
Pago en efectivo Cash payment
Parcela Plot of land
Piso Flat
Poder Power of attorney
Préstamo hipotecario Mortgage loan
Plusvalía Capital gains tax on increase in land value
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 de 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
Titulo de propiedad Deeds stating the ownership of property, date of sale etc...
Valor catastral Registered value of land
Verificación Verification
Vivienda de Protección Oficial (VPO) Low-cost housing subsidised by the state