Friday, January 27, 2012

What's Going On In Huatulco These Days?

With all that has been going on in the news lately, you would think that there would be no one coming down to Mexico, and the streets would be as active as an old ghost town.

Not so here in Huatulco! 

As many of you know, The Secrets Resort & Spa Huatulco is now open for business and has been since December 3, 2011.  Occupancy rates are around 70% right now, not bad considering their inaugural year.

And rumors still abound as to when the Riu Palace is going to put the shovel in the ground.  This 900 room hotel will increase the profile of Huatulco even further, and strengthen the fact that Huatulco is the place to be for future investment. 

Oh, and let's not forget about the property at Playa Organo that is owned by ASUR.  No word yet as to when their multi-unit development will start but the location of their property is absolutely beautiful, and one of my favorite beaches. 

The Beach Village project at Playa de Los Arcos continues to forge ahead, and the model home construction is beginning as I write this.  Starting at $1.4 million, it seems the buyers are still coming to Huatulco and sensing the investment opportunities during a depressed economy.  As always, buying now will reward you in the long term as the economy corrects itself and property prices rise. 

The "5th Avenue" project, while slow, is definitely seeing some progress as this corridor aims to connect the cruise ship port of Santa Cruz to the quaint town of La Crucecita.  Once complete, this pedestrian walk-way will be lined with shops, restaurants, and perhaps some condos.

And finally, the proprietors at the Hotel La Isla Huatulco will be starting construction on a new project consisting of luxury condominiums any day now.  Although the information is a little thin, our understanding is that they will be priced at $1 million + and will be a very low density, exclusive luxury developement.  We look forward to hearing more about this exciting new project!

So, as you can see, Huatulco continues to grow and all signs are positive for the future of the area.  And keep in mind, that with over 36 beaches spread over nine bays, there are still plenty of pristine beaches that you can call your own!

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