Buildability

Percentage of total area that can be built on, i.e., the total amount of square meters that can be built on a site, either on one floor or on several floors.

Email marketing

Communication by email between a company and its contacts or customers.

Deed of sale

Public document, signed by a notary, by which the ownership of the property is transferred, and which allows its registration in the Land Registry as the new owner of the property.

Mortgage deed

It is a document that is signed before a notary and that must contain all the data concerning the registrant, the conditions of the loan and the responsibilities of both the registrant and the financial institution.

Public deed of horizontal division

It is the title that constitutes the horizontal division regime, by virtue of which a complete building is divided into the different dwellings, premises, parking spaces and storage rooms independently. The deed describes all the units (dwellings, premises, parking spaces and storage rooms) resulting from the horizontal division, as well as the participation quota in common elements corresponding to each unit, which determines the proportion in which each dwelling or premises will contribute to the support of the common expenses of the community of owners of the building. The deed of incorporation of the horizontal division may include the bylaws and operating rules governing the community of owners.

Common areas

Spaces in the building belonging to all owners and which can be enjoyed, used, operated and conserved.

Community bylaws

It is the document that regulates the rules related to the legal regime of the community. These rules refer to the use of the building, apartments and premises, installations, common areas and services, expenses, administration, insurance, conservation, etc.

Energy label

Tool that allows to know quickly and easily the energy consumption of household appliances and their energy efficiency level.

Euribor

Euro Interbank Offered Rate. It is an index that indicates the average interest rate at which a large number of European banks claim to grant short-term loans to each other for lending to third parties, individuals and companies.

Geotechnical study

Technical report that analyzes the characteristics of the land prior to construction.

Energy efficiency

A property's ability to optimize energy consumption, reducing costs and emissions.

Foreclosure

The legal process by which a creditor claims ownership of a property for non-payment of a loan.

Registration entity

Office in charge of registering legal acts related to real estate.

Feasibility study

Preliminary analysis that determines whether a real estate project is profitable and feasible.

Supporting structure

Construction elements that support the main loads of a building.

Urban planning scheme

Graphic representation of the planning of an urban area.

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