Real Estate in San Miguel de Allende
There are plenty of affordable real estate options in San Miguel de Allende. But the closer you are to the heart of the colonial centro, the plaza known as El Jardin, the higher the price. Expect to pay about $350,000 and up for a restored colonial home, with two or three bedrooms, in the best neighborhoods in town.
But go to the outskirts of the colonial zone, still in safe and nice areas, and you’ll pay much less. For example, a one-bedroom apartment will go for $169,000. From there it’ll still be a five to 10-minute walk to the restaurants and entertainment options and cultural activities in the historic area. Head to the outskirts of town, but still a 20-minute walk to downtown or a five-minute taxi ride (for $3), and you’ll find modern homes for bargain prices. Here you’ll easily find a three-bedroom home for around $200,000 and up.