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Real Estate Briefing - Categorized | Americas, Market Moves more

Cuban property market booms after limited reforms

Posted on 09 October 2012

The property market remains closed to foreigners and even Cubans are only permitted to own one home, to prevent speculation. But the freedom to sell has brought all sorts of people out onto the streets.
“These changes had to happen,” says architect Juan-Carlos, who’s browsing the tree-ads. He’s planning to pool resources with a friend, buy a bigger flat and start renting rooms to tourists to supplement his small state salary………………………………………..Full Article: Source


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