4 bedroom penthouse for sale
Cuba - Havana, Miramar
- property available to international buyers
- share of roof top swimming pool
- secured building
- underground car parking for 2 cars
- fast internet
- security of electricity supply via own generator
- stunning views of Havana and coastline
- penthouse 3 bed 3 baths plus studio apartment
- over 250 m2 of private terraces and roof garden
This once in a lifetime property offers lavish accommodation with abundant outdoor space and stunning views from all the principal rooms and terraces. The accommodation is spacious being originally allocated for three individual apartments and unified during construction to create a truly stunning penthouse.
The floor layout is arranged as a grand reception hall, delightful open plan living area with separate dining space opening onto a huge landscaped terrace garden overlooking the Havana coast making the property ideal for entertaining and parties. The master bedroom has a dressing area and sumptuous bathroom and a further private terrace. Both the other bedroom suites (one with private terrace) have full en suite facilities and the fully fitted kitchen is well equipped and opens out on to a further terrace.
In addition to the main property this sale includes a further self contained studio on the roof level (above) with direct access to the building’s roof top swimming pool. This unit could provide the owner with guest accommodation, an office, a holiday let or luxury staff quarters. The accommodation comprises open plan living room with sleeping area, bathroom, stunning outdoor kitchen on its own private terrace with subtropical plants and a further large terrace overlooking the ocean. Alternatively the whole of the property could form a significant block of high quality residential accommodation for a company or as rental investment with around 60k gross income P/A.
Habana Palace is a well managed luxury apartment block located in the heart of the sought after district of Miramar between 3rd and 5th avenue with panoramic views towards Havana and the Caribbean Sea. The building is just 2 minutes walk from the coast and with easy access to the Miramar Trade Centre, plus the offices and embassies on 5th avenue. The new Mariel port is just over 30mins drive away and the centre of Havana can be reached in around 10 mins by car.
The area of Miramar is one of the most sought after in the province of Havana. The location is excellent and only a short stroll to the shops, bars and new restaurants recently open by private individuals in their stylish houses, near many embassies, parks, churches, casa de la Musica Miramar and clinic Cira Garcia. Its proximity to 5th avenue is ideal for dog walkers and runners.
For a number of years in the early 1990 Cuban law permitted the construction of some condominium style buildings where foreigners could buy an apartment. Those who bought these are now able to sell them to other foreigners who are not residents in Cuba.
There is in effect a two tier market operating in Cuba and so these properties form a distinct and separate market with current price significantly higher than the regular Cuban property market. Prices reflect the scarcity premium and the perceived benefit of Cuban residency. This is similar to the situation which exists in some other countries with restricted foreign investment in property such as the Channel Islands.
It is therefore possible for foreign investors to buy Real Estate in Cuba by Buying directly from one of the current foreigner who owns a home or an apartment in Cuba. The visa category, “Real Estate Resident” (Residente de Inmobiliaria) is now officially listed along with other types of visas that incoming foreigners can apply for.
Cuba has opened the doors to investment property with the approval of a new immigration law granting residency to foreign owners and lessees of property in the country.
In October 2013, Cuba’s Gaceta Oficial (Decree 305, Articles 92 and 93) announced a revision to Cuban immigration law, which now makes foreigners who own real estate or have long-term property rentals in Cuba eligible for one-year visas renewable for an extra year.
There is a total of Three Ways for Foreign investors to buy a property in Cuba:
-Buying directly from one of the current foreigners who own a home or an apartment in Cuba. For a period during the 1990’s Cuba permitted the construction of some condominiums with apartments which could be sold to foreigners.
Those who bought during those times are now able to sell to other foreigners who are not currently residents in Cuba. This is the best way for foreigners without family ties to Cuba to invest in the Cuban Real estate market.
-Marriage to a Cuban allows the foreign citizen to become permanent resident thus being allowed by law to buy a home from local Cuban owner.
-Buying a property in the names of your Cuban spouses, family members or Cuban friends: By law, the remainder of the market is only open to Cubans on the island or those Cubans living temporarily abroad. Many foreigners and Cubans emigrants living abroad are also buying properties in the names of family members or friends.
Cuba Homes Direct is The No.1 Estate Agency selling properties in Havana, Cuba. We are the specialists for Havana properties. So if you wish to buy, sell or rent in the province of Havana we should be your agent. Our highly qualified team includes photographers, architects, construction specialists, interior designers, and multi lingual staff which enable us to offer the finest service to our clientele.
As the No 1 Estate Agency in Cuba we are committed to the ethical and professional business of real estate with a range of expertise which covers all the key segments in the property market.
Why choose us?
We have a professional approach and a determination to find solutions to problems along the way. We have key contacts in the right places and we know the market prices.
We go the extra mile whether it is help to find the property of your dream or achieve the best price for your existing property you can count on us to take care of you with courtesy, professionalism and always with a smile. You can count on us to behave responsibly and above all we listen to your needs.
We have a network of working partners in Havana plus our contacts and connections worldwide to help your aspirations become reality.
Contact us to discuss this property in confidence.