San Miguel De Allende perches between mountain ranges at 6,400 feet in altitude in central Mexico, roughly three hours north of Mexico City. It’s a colonial-era city known for its Spanish colonial architecture and Mexican heritage sites dating back to the 16th Century. The baroque architecture and thriving arts and cultural scenes are among several reasons behind the popularity of this city.
One of those several reasons is the astonishingly successful real estate market of San Miguel de Allende. The city is filled with historical and naturally significant sites and nearly 64 blocks of the town are protected under the privilege and preservation rights of United Nations Educational, Scientific, and Cultural Organization (UNESCO) World Heritage Sites, granted in 2008.
From the La Parroquia de San Miguel Arcángel representing 17th-century neo-gothic architecture to the Fabrica la Aurora which is always showcasing artwork from locals, national, and international artists all week, the city is filled with adventurous and nostalgic destinations. Hence, the reason why San Miguel is home to a flourishing tourist industry.
With tourists pouring in from around the world and expats setting up vacation homes and acquiring luxurious estates for affordable retirement homes, it is the perfect time for investors and rental property owners to examine the lucrative real estate market in San Miguel de Allende. Local Broker Greg Gunter highlights the important developments in the San Miguel de Allende real estate market through his online forum and international conferences.
An architect with an MBA in real estate, Gunter claimed title as Mexico’s #2 Realtor nationwide by sales volume before opening the nation’s first and flagship office of the Waren Buffett-led real estate brand Berkshire Hathaway HomeServices. Gunter has frequently talked in public forums about the commercial value and healthy appreciation rates for well-located homes and estates in San Miguel de Allende.
Gunter notes that foreign expats are investing in affordable retirement homes in San Miguel de Allende’s baroque landscape filled with colonial-era architecture. From humble abodes to prestigious mansions and villas, San Miguel de Allende offers plentiful options for property investors. Many of those investors are choosing to buy homes and estates to rent out to tourists and start passive income streams.
On the same spectrum, there are mid-career individuals with growing families aspiring to purchase second homes in pristine locations across San Miguel. Most families like those wish to have vacation homes they can utilize during the holiday seasons and then put up for rental when they are out of the country.
Gunter remains an influential personality in the real estate market in San Miguel de Allende. He has earned the title of “The Dream Pro” explained as the “right person to help people transition to their dream lifestyle in San Miguel de Allende.” Gunter has maintained a solid reputation among clients and corporate investors through integrity and a vast network of Realtors through the American franchise Berkshire Hathaway HomeServices. He provides real estate news and updates with lucrative house listings for sale on www.DreamProHomesLuxury.com