In Cuba — Buy House
The buyer must deposit the agreed funds into a designated Cuban bank account.
It is technically possible to acquire property through a joint venture with a Cuban national or via a company with 100% foreign capital, though these are typically commercial or large-scale developments.
Ensure the title is clear and obtain a cadastral certification. buy house in cuba
If you meet the residency requirements, the formal process includes several administrative steps:
Modern apartments in specialized developments specifically for foreigners often start much higher, around $300k USD . Steps to Complete a Sale The buyer must deposit the agreed funds into
A 4-bedroom apartment in Central Havana might be listed for around $30k USD , while large mansions can reach $200k USD .
Sale taxes must be paid within 30 days of the transaction. Important Distinctions If you meet the residency requirements, the formal
Note that some real estate data providers like Redfin list median prices (approx. $150k) for Cuba, Illinois , which should not be confused with the country of Cuba.