Friday, November 4, 2011


Cuban Apartment for Sale in Old Havana?

After 50 long years Miami Cubans will be allowed to buy and sell real estate openly, in Cuba thanks to Raul Castro and his new Cuban real estate laws. The method is simple transaction that allows Miami Cubans to send the full cash price of a Havana Condo, Varadero Villa or any other real estate property for sale in Cuba and send the Cash to Cuba to your family or relatives. The family back in Cuba then buys the property for cash and gets title in their name. They hold it for you for when the next law changes in Cuba that will allow anyone to own property in Cuba. That law may be a few years away but eventually it will come as many Cubans outside of Cuba are looking to buy investment rel estate back in Havana, Varadero or even anywhere in Cuba.
But plenty of restrictions remain.
Cuba House for Sale in Havana
Cuban American exiles officially continue to be banned from owning property in Cuba in thier name yet many have already sent tens of thousands of USD back to Cuba to eat, drink and now buy property like a second vacation home in Varadero or Cayo Coco. Cayo Largo or Trinidad.
The fact is 100% of the cash , money Euros and American green backs that come to Cuba are from
 outside Cuba.  Cubans do have access to Cuban money to start a real estate business, many Cubans try  to maintain title to family homes in the countryside, and the new law legalizes two property residences for vacation, beach or farming.

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