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A house with a supermarket in Playa, Havana, has remained for sale for over a year after its initial listing, despite its attractive features and strategic location.
The announcement, re-shared on Facebook by Jorge D. Pérez Istueta, who identifies as the vice president of Vista Habana Inmobiliaria, has generated interest on social media. However, to date, it has not found a buyer.
The property, located at the intersection of 15th and 84th Streets, has an area of 459 square meters. It is divided into two independent entrances: one for the house and another for the supermarket, which occupies an area of 130 square meters.
The property includes three bedrooms, three bathrooms, a living-dining room, kitchen, basement, laundry room, garage, and office. Additionally, all the furniture from both the house and the supermarket is included, along with two three-phase electric generators, each with a capacity of 10 kW.
In December 2022, when CiberCuba first published this offer, it was reported that the price was 600,000 dollars.
A complex economic context to sell this property
The sale of this property coincided with a critical moment for private businesses in Cuba. Just weeks before the announcement, the Cuban regime had launched criticisms against Micro, Small, and Medium Enterprises (Mipymes) that sold finished products, arguing that they did not generate wealth for the country.
These indications raised suspicions about the arrival of stricter control measures, which may have prompted the owners to try to divest themselves of their business.
Despite the advantages that ownership offers, the high price, combined with economic restrictions and the uncertainty in Cuba's business landscape, appear to be the main reasons why the property has not yet found a buyer.
Meanwhile, the ad remains active, reflecting not only the story of a house for sale but also the complex context of the Cuban economy, where small business owners face constant challenges to keep their ventures afloat amid a changing landscape.
Frequently asked questions about property sales in Havana
Why hasn't the house with the supermarket in Playa, Havana sold?
The house with a supermarket in Playa, Havana, has not been sold mainly due to its high price of 600 thousand dollars and the complex economic context in Cuba. Despite its attractive features and strategic location, economic uncertainty and restrictions on private businesses make it difficult to find a buyer.
What features does the house for sale in Playa have?
The house in Playa has 459 square meters, divided into two independent entrances: one for the house and another for the supermarket, which is 130 square meters. The residence includes three bedrooms, three bathrooms, a living-dining room, kitchen, basement, laundry room, garage, and office. Additionally, it is sold with all the furniture and two three-phase electric generators, each with a capacity of 10 kW.
How does the Cuban economic context affect property sales?
The Cuban economic context affects property sales due to government criticism of Micro, Small, and Medium Enterprises (Mipymes) and the potential implementation of stricter control measures. This creates uncertainty and distrust in the business environment, making it difficult to buy and sell properties at high prices.
What impact does dollarization have on access to goods in Cuba?
Dollarization in Cuba limits access to essential goods for the majority of the population, as many stores only accept payments in dollars or foreign currencies. This exacerbates social and economic inequality on the island, leaving most Cubans unable to access basic products and services.
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