Your Guide to Life and Real Estate in San Miguel
Your Guide to Life and Real Estate in San Miguel
From buying and selling to settling in—find clear answers to the most common questions about living in San Miguel de Allende.
From buying and selling to settling in—find clear answers to the most common questions about living in San Miguel de Allende.
Buying Real Estate in San Miguel de Allende
Get expert answers on buying real estate in Mexico — including property types, legal steps, financing, and ownership options.
Can foreigners legally buy property in San Miguel de Allende?
Yes, foreigners can legally purchase property in San Miguel de Allende. In most cases, the process is straightforward. If the property is outside the restricted zone (within 50 km of the coast or 100 km of a border), you can own it directly. If it falls within a restricted zone, you’ll use a bank trust (fideicomiso), which is a common and secure method.
What is a fideicomiso, and do I need one?
A fideicomiso is a bank-held trust that allows foreigners to own property in restricted zones of Mexico. Although San Miguel is not within the restricted zone, some buyers still opt to use a fideicomiso for estate planning or tax purposes. In most cases here, direct ownership via a Mexican corporation or in your own name is possible and common.
How long does the buying process take?
On average, it takes 30 to 60 days to complete a real estate transaction in San Miguel. This can vary depending on the type of property, whether the paperwork is in order, and how quickly funds and documents are provided.
Are property titles in San Miguel secure?
Yes. Title security has improved significantly over the years. A notary public (notario) oversees the transaction, verifying the chain of title, liens, and ownership history. A reputable agent will also be able to guide you through the due diligence process for added peace of mind.
Are there any hidden fees when buying property in San Miguel?
There are standard closing costs to consider, including notary fees, registration fees, and taxes. These typically account for approximately 5–7% of the purchase price. Working with a trusted agent ensures you understand all associated costs upfront.
Relocating to San Miguel de Allende
What to expect when moving to San Miguel — including healthcare, schools, safety, cost of living, and lifestyle planning.
Should I move my own furniture to San Miguel?
Most homes are sold furnished, and local furniture options are abundant and affordable. Unless you have specific sentimental pieces, moving furniture may not be necessary.
Do reputable movers exist for long-distance moves to San Miguel?
Yes, experienced movers can assist with customs and logistics. It’s essential to use trusted providers with local referrals to avoid problems.
Will I be charged import duties for bringing my belongings?
With a residency visa and a Menaje de Casa, you can import household goods duty-free within six months. Smaller loads can often be “piggybacked” with larger ones.
Can I bring new appliances like a U.S.-purchased Viking range?
Only used appliances are legally allowed to be imported duty-free. If it’s new, consider disguising it as used (e.g., unbox it or give it a worn appearance). Many equivalent appliances are available in Mexico.
Is it hard to find high-quality furnishings and appliances in San Miguel?
Not at all. San Miguel and nearby Querétaro offer a wide range of options, from handcrafted furniture to American-style appliances, often with superior local service.
Lifestyle & Living in San Miguel de Allende
Explore San Miguel’s culture, weather, food scene, events, and digital infrastructure — the essentials of daily life here.
What are the first steps to listing my property?
San Miguel offers Mexico’s largest English-language cultural infrastructure, a strong artistic community, diverse culinary scene, and stunning architecture — all in a walkable, UNESCO-designated city.
What’s the dining scene like without Michelin rankings?
While Michelin hasn’t arrived yet, San Miguel is considered Mexico’s culinary capital, with 650+ restaurants covering every taste and budget. Many top chefs have opened second locations here.
Is it safe to eat street food in San Miguel?
Yes, but choose wisely. Some vendors are local favorites with strong reputations. Ask your realtor for tips on the safest and best ones.
Does San Miguel follow the typical Latin late-night dining culture?
Dining here blends elements of U.S. and Mexican cuisine. Locals eat around 9 PM, while most visitors dine around 7 PM. Most restaurants close by 10 PM.
Is San Miguel really walkable and social like people say?
Absolutely. The city’s layout, vibrant expat community, year-round events, and small-town feel make it a highly walkable, social, and enriching place.
Selling Property in San Miguel de Allende
Learn how to sell your home in Mexico — from pricing and marketing to taxes, closing, and finding the right agent.
Why has San Miguel de Allende been ranked the #1 city in the world so many times?
Begin by selecting a qualified local agent who is well-versed in the San Miguel market. They’ll help you determine a competitive price, prepare your home for showings, and handle the paperwork needed to list your property.
How is the listing price determined?
Your agent will assess comparable properties recently sold in the area, current market trends, and unique aspects of your home to recommend a price that attracts buyers without undervaluing your asset.
What costs should I expect when selling?
Typical costs include capital gains taxes (if applicable), notary fees, and real estate commissions. Your agent can help you estimate these based on your property type and sale price.
Can foreign property owners sell without restrictions?
Yes, foreign owners can sell property in Mexico. If your home is within the restricted zone, the sale will be handled through your bank trust (fideicomiso) or Mexican corporation, with legal guidance throughout.
How long does it typically take to sell a home here?
Timelines vary by price point and property type, but on average, well-priced homes sell within 3 to 6 months. Proper staging, marketing, and pricing can help shorten that timeframe.
Still Have Questions? We’re Here to Help.
Didn’t find what you were looking for in our FAQ section? Whether you’re buying, selling, or just exploring San Miguel de Allende, we’re happy to answer your questions personally.