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Useful Terms in Spain

Legal and financial

Abogado Solicitor
Agencia Inmobiliaria Estate agent
Amortización Repayment
Carga Registered charge
Cédula de habitabilidad Occupancy certificate
Comisión de apertura Opening commission or arrangement fee
Comisión de cancelación anticipada Early repayment penalty
Comprador Buyer
Diferencial Interest margin
Escritura de compraventa Purchase deed
Escritura de Hipoteca Mortgage deed
EURIBOR European interbank offered rate
Gastos Costs
Hipoteca Mortgage
IBI Local rates
Impuestos actos juridicos documentados Transfer tax (AJD)
Impuesto sobre el valor añadidio, IVA VAT (new build)
Impuesto sobre transmisiones patrimoniales, ITP Property transfer tax (resales)
Interés Interest
IRPH An interest rate published by the Bank of Spain
LIBOR London interbank offer rate
NIE Fiscal number in Spain for all foreign owners
Notario Notary
Nota simple Land registry report
Periodicidad de las revisiones Period between interest rate adjustments
Plazo de amorización Loan term
Plan General Urban plan
Registro de Propiedad Land registry
Subrogacíon Remortgage with another lender
Tasacion Valuation
Tasador Valuer
Valor Catastral Rateable value

Property related

Ático de lujo Penthouse
Baño Bathroom
Bodega Wine cellar
Calefacción Heating
Calidad Quality
Campo Countryside
Casa House
Ciudad Town
Cocina Kitchen
Comedor Dining room
Dormitorio Bedroom
Ducha Shower
Dúplex Maisonette
Escalera Stairway
Finca Farmouse
Lavadero Utility room
Lujo Luxury
Muebles Furniture
Parcela Building plot
Piscina Swimming pool
Piso Apartment or floor building is on
Pozo Well
Precio Price
Propiedad Property
Pueblo Village
Puerta Door
Río River
Rústica Rural or agricultural
Salón Lounge
Se vende For sale
Trastero Storage room
Urbanización Community developemnt
Ventana Window
 
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