Encanto Villas & Residence Club, expected to open in the Winter of 2009, will be the first private member-owned enclave in Huatulco, Mexico. Its location is set on a promontory overlooking Tangolundo Bay and offers views displaying the amazing diversity of this exotic and spectaculous vacation retreat.
Once a quiet fishing village, the environmental vision for Huatulco is to share this breathtaking landscape while ardently protecting it for future generations to enjoy. In keeping with that dream, Encanto Villas & Residence Club has been created as a Private Residence Club, an ecologically sensitive way to develop vacation homes in desirable locations without overbuilding.
With the most extensive coral reef system in Pacific Mexico, Huatulco’s beaches offer snorkeling, scuba diving, fishing, boating, or good old-fashioned relaxation. The nearby Sierra Madre Mountains lure adventurers with whitewater rafting, kayaking, and waterfall-laden jungle tours. Now families can own an exclusive slice of this paradise without the hassle and risk associated with the purchase and upkeep of traditional second homes. Pricing begins at $150,000 for a one-tenth deeded interest in a spacious, fully furnished three-bedroom residence. Three-bedroom penthouses start at $190,000. Amenities include a private beach club, multiple pools, a fine dining restaurant, boat dock, fitness center and spa, and a club concierge.
“We decided a private residence club made the most sense for this unique piece of land along Tangolunda Bay,” Jeff Anderson says. “This is the last oceanfront property on the bay to be constructed, and we’re only developing the minimum amount necessary to create an intimate resort experience. Residence club owners purchase a fraction of a home, and they typically visit often. While we’re keeping the overall density low, owners will keep the tourism dollar flowing to help sustain Huatulco’s economy.”
Anderson has also decided to donate up to $1 million in net profits to Waterkeeper® Alliance. The non-profit, chaired by Bobby Kennedy, Jr. is dedicated to preserving and protecting waterways around the world. Donations from Encanto Villas & Residence Club will be directed toward supporting global water quality protection and the five Waterkeeper programs located throughout Mexico.
The residence club concept is growing in popularity as Americans discover the flexible and carefree lifestyle this type of vacation home offers. Industry consulting firm Ragatz Associates reports that luxury, shared ownership sales volume in 2007 was $2.3 billion, representing an 8.3 percent growth over 2006.
Anderson Real Estate has teamed with DCP International, which pioneered the Equity Residence ClubSM concept in 1992 with the Deer Valley Club at Utah’s prestigious Deer Valley Resort.
DCP Principal Steve Dering says, “Residence clubs are a sensible way to own in any market, but especially now. Members own deeded real estate in a prime location and prices reflect today’s economy. Not only is the purchase price commensurate with the amount of use, but the insurance, taxes, utilities, maintenance, replacement reserves and staff expenses are shared amongst owners. The club is operated for the benefit and exclusive use of its owners, similar to an equity golf country club.”
Encanto Villas & Residence Club is expected to open in winter of 2009. Currently, visitors can fly direct to Huatulco from Houston and Mexico City. Direct flights from Monterrey, Mexico are starting soon.