Real Estate in the town of San Miguel Allende is booming. High income Mexicans and Developers are investing in land around this town to build new communities. San Miguel Allende is only forty minutes from the city of Queretaro and around two and a half hours from Mexico City.

Many families who have always lived in Mexico City are now relocating to nearby towns and cities, where life can still be tranquil and the air unpolluted. Some families have San Miguel as an option to spend their weekend and are investing on a second home.

There are options for buying properties in different areas of town. A small house in the center of the city can be offered for sale anywhere from $150,000 USD going up to a historic style home that can be sold for over a million. Gated communities have new style homes and have a price range anywhere between $200,000 USD to $500,000 USD.

If you are interested in buying a property in or around San Miguel and your budget cannot afford these rising prices we suggest Mineral de Pozos, Guanajuato. It is around 40 minutes from San Miguel and many North Americans are buying in the area. Mineral de Pozos is a historical mining town and the architecture is protected so it continues to be a traditional and peaceful Mexican town.