The Cuban government is making it easier for foreigners to own property on its island. A new law extending lease lengths from 50 years to 99 years has been welcomed by international developers building leisure communities on the island, because it will make buying a home in Cuba more enticing they say.
Attracting golfers, a tried and tested source of year-round demand for holiday accommodation in many parts of the world, will be key to sustaining Cuba's emerging leisure resort sector.
The first hotel, golf course and holiday homes complex under construction, The Carbonera Club, will be completed in 2011 by its British developer, Esencia Hotels and Resorts. The USD300 scheme near Varadero includes 800 apartments, 100 villas and an 18-hole golf course.
Among other developers arriving on the island, Canadian firm, Leisure Canada, plans to build two leisure resorts. Cuba's Ministry of Tourism wants ten more golf courses created to draw holidaymakers and holiday home buyers.
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