Johannes Werner Mon May 13, 02:54 pm EST
Nearly two years after concluding agreements and plans, the $340 million golf course development of a British investor group near Varadero became the first to be officially announced, ahead of several more expected to get the green light from the Cuban government. A short-lived experiment a decade ago with condo sales in Havana aside, this is the first time since the 1950s that foreigners are allowed to buy, own and sell real estate in Cuba.
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