Cuban property investment group

Investors come with all types of profiles. There are the private individuals who are looking for solid opportunities with good ROIs, or returns on investment. There are also big industry leaders seeking out projects to get involved with for not just immediate cash but for longer-term prospects.

In late 2019, it was reported that foreign investment in Cuba had reached USD $1.7 billion over the past year. While this sounds impressive, the annual goal set in the country is around USD $2-2.5 billion. What is clear, therefore, is that there is a tangible interest within Cuba to attract money from abroad.

A Cuban property investment group should be able to give the low-down on what the legal framework is. An email can be sent to Cuba Property Sales to begin with, however it must be understood from the get-go that there are restrictions on foreigners investing in property in terms of ownership. Leases, however, can be obtained and because it is possible that these are for long-term periods there is scope here to invest also.

A recent example of a property investment was reported as being CEIBA, real estate investors who focus on Cuba, investing in a mixed-use industrial park development. There is hope that Cuba will reopen its borders and that industry will recover from the pandemic that has had such a huge impact. It really is a matter of, “watch this space”, when it comes to Cuba investments.