Huatulco real estate guide with Huatulco homes, condominiums and land for sale. Huatulco offers nine secluded bays including Bahia Conejos, Bahia Tangolunda, Bahia Chahue, Bahia Santa Cruz, Bahia El Organo, Bahia El Maguey, Bahia Caculuta, Bahia Chachacual and Bahia San Agustin. Conejos, Tangolunda, Chahue and Santa Cruz are accessible by car. The rest are enjoyed from boat trips which easily arranged for at the harbor.

Huatulco Real Estate For Sale
	NEW Huatulco Condominium Project with 22 exquisite units available on the desirable Bay of Chahue.

La Crucecita is located a mile or so inland from Bahia Chahue (Chah - way) and is considered the city center of Huatulco. La Crucecita has a charming town square including a lovely old church and all the restaurants and shopping a reasonable person could ask for. Chahue is the central and largest of the nine bays with significant planned development in progress.

Bahia Santa Cruz, the site of the original fishing village, is the second developed area with Cruise Ship Docking, party boat day cruises along the bay and deep sea sport fishing at it's best. The village of Santa Cruz has a shady main square surrounded by shops, restaurants, bars and a few Mexican style, middle class hotels.

The FONATUR, Mexico's government funded tourist development agency, planned and funded Phase 1 of the Huatulco resort area development with eighty million dollars (not pesos) back in the early 80's. The Huatulco infrastructure is impressive and the project was officially inaugurated in 1988 with several 5 star hotels in the Tangolunda area. The resort area is divided into a variety of areas targeting budget, mid-range and upper-end travelers. Planners have vowed to set aside the majority of the resort's approximately 52,000 acres as ecological preserves in order to protect the area's natural environment. When projected develoopment is complete, the resort is expected to have some 30,000 hotel rooms, bring in 2 million visitors annually and generate nearly 25% of the State's total revenue.

Buyer Beware: Be advised that there are no laws which regulate the sale or management of real estate in Mexico and abuses do exist. It is always prudent to ask for local references and obtain competitive bids for all services when possible.

The Mexican Constitution prohibits direct ownership by foreigners of real estate within 100 kilometers (about 62 miles) of any border, and within 50 kilometers (about 31 miles) of any coastline.  In order to permit foreign investment in these areas, the Mexican government has created a trust mechanism (contrato de fideicomiso) in which a bank has title to the property, but a trust beneficiary enjoys the benefits of ownership. The Bank Trust Agreement (contrato de fideicomiso) allows for renewable long term leases that may be sold or enjoyed by your heirs.

A foreigner may be the sole and exclusive stockholder of a Mexican corporation which may hold fee simple title to non-residential property in the prohibited zone. There is a broad definition for "non-residential" property.

Buyer Beware: Mexico real estate prices that seem too good to be true are usually too good to be true! Many of these "bargains" are located on what is commonly referred to as "Ejido" or communal tracts of land. It is highly recommended that you consult with a Mexico attorney regarding Ejido land rights. Any agreement between the "Ejido" and a foreigner may be revoked or cancelled without cause, notice or recourse!!

Caution: Mexican law recognizes squatters' rights, and homeowners can spend thousands of dollars in legal fees and years of frustration in trying to remove squatters who occupy or rent their property. Always inspect the property and be certain that your property is not occupied by a Mexican citizen in any manner whatsoever. Anyone who occupies the property on behalf of the owner should be totally removed/gone from the property prior to closing. Warning: A Mexico citizen may simply refuse to pay rent and continue to occupy your rental property for a long, long time - maybe years.

American property owners in Mexico should exercise caution when hiring employees to serve in their homes or on vessels moored in Mexico.  Several American property owners have faced lengthy lawsuits for failure to comply with Mexican labor laws regarding severance pay and social security benefits.

Caution: Exercise extreme caution when considering time-share investments and be aware of very aggressive tactics used by some time-share sales representatives.  Buyers should be fully informed and take sufficient time to consider their decisions before signing time-share contracts, ideally after consulting an independent attorney.  Mexican law allows time-share purchasers five days to cancel the contract for unconditional and full reimbursement.  U.S. citizens should never sign a contract that includes clauses penalizing the buyer who cancels within five days.

A formal complaint against any merchant should be filed with PROFECO, Mexico's federal consumer protection agency. PROFECO has the power to mediate disputes, investigate consumer complaints, order hearings, levy fines and sanctions for not appearing at hearings, and do price-check inspections of merchants.  All complaints by Americans are handled by PROFECO's English-speaking office in Mexico City at 011-52-55-5211-1723. You might also complain about the lack of an English translation for the PROFECO web site.