Tag Archives: cuban real estate

Cuban homes up for sale as housing law in effect

HAVANA (AP) — For sale: 5BR 4BA tropical delight along Havana’s exclusive embassy row, just steps from the balmy waters of the Florida Straits. Asking price $200,000. Foreigners need not apply.

This is the face of a brand-new real estate market that became official in Cuba on Thursday, as a new measure legalized home sales for the first time in generations, applying a jolt of free-market wheeling and dealing to one of the socialist country’s most dire problems: a grave shortage of housing.

Read more at: http://hosted.ap.org/dynamic/stories/C/CB_CUBA_PRIVATE_PROPERTY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

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