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Cuba has a property market for the first time since 1959

Posted on 04 April 2012

When Fidel Castro took power in Cuba in 1959 he placed a ban on property sales, which has been in effect until late last year when the purchasing and selling of private property was legalised by President Raul Castro in a bid to keep the struggling Communist state afloat.
And not surprisingly the newfound freedom to buy property has created a property boom in Cuba according to a report in the Daily Mail………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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