The announcement of a Apartment for sale in El Vedado He is calling attention to the social networks of Cubans and more than one person has been interested in buying, despite the complex daily reality of Cuba.
It is a publication in the Instagram profile Vedado and more. The apartment stands out for its excellent location and its competitive price, although they do not detail in what exact direction of the central Havana neighborhood is located.
This “economic opportunity” goes to the sale for 22 thousand dollars. The price is low for the area where it is located, although it is still very expensive for most Cuban workers.
The apartment is on a third floor of a building in the 50s and has a garage, an unusual feature in Cuba. It is located near the United States Embassy and of central streets such as Line and L. It has a living room, balcony, kitchen, inner hall, service patio, a room and a half, and a bathroom.
In Cuba, the house prices have dropped Because many people want to leave the country and sell their properties quickly is key to start a new life away from the island.
Even so, buying a house is almost impossible for those who live in a salary. The lack of housing is still one of the big problems on the island.
Frequent questions about the real estate market in Cuba
Why are the prices of the apartments in the Vedado considered competitive?
The prices of the apartments in El Vedado are considered competitive Due to its excellent location in one of the most sought -after areas of Havana. However, despite being “competitive” compared to other properties, they are still prohibitive for most Cubans living in an average salary, given low purchasing power on the island.
What are the characteristics of the apartment for sale for 22 thousand dollars in El Vedado?
The apartment for sale for 22 thousand dollars in El Vedado is located on a third floor of a building in the 50s. It has room-dining room, balcony, kitchen, inner hall, service patio, a room and a half, and a bathroom. In addition, it has garage, which is uncommon in Cuba. Its location is close to central places such as the United States Embassy and Line and L streets.
How does the housing crisis in Cuba affect the real estate market?
The housing crisis in Cuba has caused high demand and limited supply, which has inflated properties prices. Many Cubans try to sell their properties quickly to emigrate, which has made house prices fall in some cases, but remain inaccessible to the majority of the population. Market dollarization also complicates access to housing, since prices are established in dollars, while majority revenues are in Cuban pesos.
What options Cubans have to acquire a home in the current context?
For many Cubans, the only viable option to acquire a home is to depend on remittances from abroad or foreign investments. Given the low average salary in Cuba, dollars are out of reach. Some emigrants buy properties on the island for their relatives, but within the country, most sees the purchase of a home like a distant dream.
(Tagstotranslate) News from Cuba (T) Videos
Source link
