Answer first
Boutique hotels are the most brandable Cuba real estate idea, but 2025 tourism data and compliance risk mean every model needs conservative underwriting.
This brief is designed for foreign buyers who need a realistic Cuba property filter before they compare locations, asset types, partners, or deal structures.
Best-fit buyer profile
Hospitality operatorsRestoration brandsHigh-touch serviceLong-term recovery
Market notes
- Occupancy and revenue should be stress-tested against recent market weakness.
- Operator access to imports, staffing, power, water, and booking channels matters.
- Sanctions and restricted-list screening may decide whether a deal can proceed at all.
Due-diligence checklist
- Run sanctions checks on property, operator, manager, bank, and hotel counterparties.
- Verify licenses, employment model, tax obligations, and guest-reporting duties.
- Build a capex reserve for power backup, water storage, and maintenance.