Property Glossary

Use our handy guide to the most common terms to help you with your Lanzarote property purchase.

Property Terms & Phrases 

Inmobiliaria :: Estate Agent
Se Vende :: For Sale
Se Aquila :: For Rent
Propiedad :: Property
Comprar :: To Buy
Precio :: Price
Inversiones :: Investments
Oportunidad :: Opportunity (investment)
Fotos :: Photographs
Dueño :: Owner
Cita :: Appointment
Vendedores :: Sellers

Housing

Piso :: Flat
Apartamento :: Apartment
Finca :: Rural plot of land or estate
Chalet :: Villa
Duplex :: Two storey house
Triplex :: Three storey house
Casa :: House
Casita :: Small House
Terreno :: Land
Parcela :: Plot of Land
Urbano :: Urban Land (buildable)
Rustico :: Rural Land (often not buildable)
Adosado :: Semi detached
Solar :: Buildable Land
Campo :: Country
Calle :: Street
Ciudad :: City
Municipio :: Municipal region, similar to a borough
Barrio :: District/neighbourhood
Communidad :: Community
Localizacion :: Area
Pueblo :: Town or village
Locales :: Shop/Business Units
Reformado :: Reformed/Renovated
Proyecto :: Building Project
Diseñar :: Design
Vistas :: Views
Metros cuadrados :: Metres square

Rooms & Features

Dormitorio :: Bedroom
Baño :: Bathroom
Salon :: Lounge
Patio :: Patio (often internal, especially if described as a Canarian patio)
Comedor :: Dining Room
Cocina :: Kitchen
Habitación :: Room
Edificio :: Building
Jardín :: Garden
Terraza :: Terrace
Balcon :: Balcony
Arboles :: Trees
Plantas :: Plants
Garaje :: Garage
Oficina :: Office
Trastero :: Storage space
Solana :: Utility Room
Sótano :: Basement
Piscina :: Swimming Pool
Techo :: Roof
Muro :: Wall
Aire acondicionado :: Air conditioning
Aparcamiento :: Parking
Pozo Negro :: Septic Tank
Aljibe :: Water storage
Electricidad :: Electricity
Agua :: Water
Luz :: Light
Amueblado :: Furnished
Muebles :: Furniture
Armarios :: Wardrobes
Luminoso :: Natural light

Banks & Finance

Banco :: Bank
Hipoteca :: Mortgage
IGIC :: VAT (Canary Islands, IVA in rest of Spain)
Cuenta bancario :: Bank account
Talon :: Cheque
Efectivo :: Cash
Transferencia :: Transfer
Tarjeta :: Credit card
Prestamo :: Loan
Ingresar :: Pay In
Sacar :: Withdraw (cash)
Tipo de interés :: Interest rate
Residencia :: Resident Card
NIF :: Tax Identification Number
Factura :: Invoice
Recibo :: Receipt
Valoracion :: Evaluation

Legal

Abogado :: Lawyer
Ayuntamiento :: Town Hall
Asesoria :: Tax Consultant
Hacienda :: Tax Office
Escritura :: Ownership deeds
Copia :: Simple Mortgage deeds
Notario :: Notary Office (where transactions are officially sanctioned)
Plus Valia :: Spanish Capital Gains Tax
Cuotas de comunidad :: Community fees
Libre de cargas :: Free of outstanding bills/debts
Licencia de obra :: Official permission to build
Registro de la Propiedad :: Land Registry