A neoclassical-style mansion built in 1945 in the exclusive Kohly neighborhood of Havana has set social media abuzz with its elegance and beauty, amidst Cuba's ongoing housing crisis. The mansion stands out for its spaciousness, well-preserved condition, and investment potential. It spans a total area of 523 square meters, featuring five bedrooms, four bathrooms, a garden, porch, living room, family room, dining area, kitchen, indoor and outdoor hallways, a large covered terrace, patio, and parking area.
This grand house is a true representation of Cuba's past splendor. It has hit the market with an asking price of $320,000—a figure out of reach for most workers on the island but potentially appealing to Cuban expatriates or foreigners with familial ties in the country. Due to its size and layout, the property offers versatile uses, such as renting out rooms, which could provide a return on investment.
"What a dreamy and stylish mansion," commented an enthusiastic Instagram user. "Beautiful home in a very lovely and well-maintained neighborhood," added another. Most comments spotlight the home's beauty, natural light, and the excellent condition of its hydraulic tiles, described as "very well cared for and polished," adding personality to the residence.
While the kitchen is functional, it would benefit from modernization to meet contemporary standards of comfort and design. Nonetheless, the overall structure of the home remains solid, with original details that add character and authenticity.
Some users also expressed mixed feelings about the contrast between the opulence of the property and the country's economic hardships: "What good is it if the Cuban people face hunger and misery daily?"
This house in Kohly not only symbolizes a piece of Cuban architectural history but also highlights the current inequalities in the island's real estate market, where access to high-value properties is limited to a minority with financial backing from abroad.
Key Questions About Havana's Real Estate Market
What makes the Kohly neighborhood in Havana desirable?
Kohly is known for its exclusivity, well-maintained properties, and historical significance, making it a desirable location for both locals and foreigners interested in Cuban real estate.
Why is the mansion's price considered inaccessible to most Cubans?
With an asking price of $320,000, the mansion is beyond the financial reach of most Cubans, whose salaries and economic conditions are significantly lower than those in more developed countries.
What investment opportunities does the mansion offer?
The mansion's size and layout make it suitable for various uses, including room rentals, which could provide a steady income stream and a potential return on investment.