Real estate investment in Cuba : is now the right time?

On the eve of the fifty-year anniversary of the Cuban Revolution, change finally appears to be on the horizon for Cuba. In February 2008, Raul Castro succeeded his older brother Fidel as President of the Republic of Cuba. In the United States, a newly elected President and a Congress presumably controlled by the Democratic Party will assume power in 2009. These political developments bring with them the potential for change in U.S. - Cuba relations. Opportunities are available even today for U.S. investment in the Cuban real estate market. This thesis identifies why now is the right time for Americans to move forward with their investment plans. It explains how real estate transactions are currently being conducted on the island and the challenges of investing in Cuban real estate according to Cubans and foreign investors. Presented as well are strategies for overcoming these hurdles.

Department dc:contributor.department

Massachusetts Institute of Technology. Center for Real Estate

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2008

Author dc:creator

• Chaviano, Damien Bronsdon

Advisor dc:contributor.advisor

• Gloria Schuck.

• Architecture.
• Center for Real Estate.

Statement dc:rights

• M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/1721.1/58640

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/58640