First golf project in Cuba gets go-ahead

Source : 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.

Rendering of villas at the Carbonera golf development near Varadero

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