Friday, November 4, 2011

CUBA REAL ESTATE INSURANCE

DO YOU HAVE CUBA REAL ESTATE INSURANCE?
CUBAN CONDOS FOR SALE IN VARADERO CUBA
 Cuba has officially allowed purchase of Cuban real estate for the first time in 50 years so what does this really mean? Can you as a European, Canadian and yes American tourist actually buy Cuban Condos, Apartments, houses and investments on the best beaches of Cuba? Before we answer best to ask a more important Question.
CAN I BUY CUBAN INSURANCE FOR REAL ESTATE?
Cuban tourist in new Varadero Condo Hotel in Cuba
Cuba has made it mandatory for foreigners to have health, travel and car insurance while travel to Cuba, however Cuban real estate will have its own insurance guidelines as the laws come into effect. First only Cuban people and foreigners with Permanent residence status can buy Cuban property. The next step is to open the tourist market as new hotel condos, Golf villas and luxury Cuban real estate is developed and comes on the Cuban investment market with included Cuban Insurance products to protect your investment from hurricane damage and Cuban government confiscation. Bette to be protected in a volatile unpredictable real estate market like Cuba.

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