Magic Mountain Hotel in the Huilo Huilo reserve, Chile, has a waterfall cascading down its sides — and the interior is just as strange. In Southern Chile there is not that many true four star hotels and above. The Magic Mountain Hotel in the heart of the Huilo Huilo nature reserve. The architecture, combined with the forest setting, makes this truly a magical mountain. Huilo Huilo is more of region than a single town.It includes one of the largest privately owned natural reserves in Chile along with several nearby towns, lakes, and a volcano with year around snowboarding and skiing, and the river Fuy that is famous for its class 3-5 white water rafting and kayaking.