RE: House, Apartment, Studio, Room... Street? .:. Late Night Blogging
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I hope you had your mortgage (or loan) indexed in pesos...
Sorry, I forgot to tell you about the most remarkable peculiarity of the real estate sales and purchases in Cuba. Here there are no mortgages, the price of the houses is paid in full in a single payment, cash, money in hand, no bank transfers (these are things that even we do not understand, they are so absurd that it is impossible to explain 🤣) No matter the price (there are from a few thousand USD to 1 million or more) you have to pay everything. And the best thing is that they are sold 😆. Saludos.
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Then it's even more impressive how you managed to buy your home!
Congratulations!
Thank you 🙂, it was many years working towards that. It is not the house we would like to have, nor the neighborhood, but it is ours. Many here have achieved it with the same or more effort, it is something that has always been very difficult. The housing problem is one of the most complex in our country.
We had the same reasoning when we bought our apartment... It is not a "dream house", but we stopped the "rent leakage" and finally got our own home... Now, we have many more possibilities to build upon it... Maybe to sell it one day and buy something else... However, if we didn't do it, we wouldn't be able to buy it in the future, as we would spend all our savings on rent.
Step by step... ;)
¡¡Se llega lejos!! Nice week!