San Miguel de Allende is considered today as a real estate paradise, both for Mexicans and foreigners. Find out why you should invest in this spectacular city today!
The city of San Miguel de Allende, Guanajuato, was founded more than 450 years ago by Fray Juan de San Miguel; in fact originally the city was better known as “San Miguel el Grande”, however, in 1826 its name was changed to “San Miguel de Allende” in honor of General Ignacio Allende y Unzaga, chief lieutenant of the priest Miguel Hidalgo in his fight for the Independence of New Spain, who was born in this town.
Thanks to its architectural beauty, in 1926 it was declared a “Protected Historic Town” by the Mexican government, so today modifications to the downtown facades are restricted, thus becoming a National Monument and Historic Zone in 1982.
Let yourself fall in love with the beautiful and warm city of San Miguel de Allende. Its baroque charm blends in perfect harmony with the climate of the mountains, its exquisite gastronomy and its bohemian atmosphere make this place perfect for family vacations.
Here are 10 reasons why you should invest in your vacation home in San Miguel de Allende.
1. Its low population.
According to the data provided by the INEGI in 2010, San Miguel de Allende had 69,811 inhabitants, which makes it a small city. Due to this, it has the comforts of a city, but with the flavor of the calm and harmonious life of a town.
2. Its high economic growth
Despite the pandemic, San Miguel de Allende reports fairly strong economic activity during 2020 in the industrial real estate segment. In fact, the state of Guanajuato has increased the Gross Domestic Product (GDP) on average per inhabitant by 33.6% from 2003 to 2018.
Thus attracting foreign investment, obtaining a boost in the modernization of infrastructure and equipment for the development of the city.
3. Unique colonial architecture
San Miguel de Allende is a city that perfectly represents Mexican culture and thanks to its historical legacy, the city has been declared a World Heritage Site by UNESCO.
4. Cosmopolitan city full of culture and art
Considered one of the most important and active cultural sites in the entire country. There are a huge number of first class cultural events, galleries, international festivals and numerous artists that are currently residing in the city.
5. Its exquisite gastronomy of Mexican and international haute cuisine
Many of the restaurants that you find located in this spectacular city mix contemporary sophistication with a rustic touch that you can enjoy on the rooftops to enjoy the maximum splendor of the city from a different point of view.
Let yourself be captivated by its exquisite restaurants and chefs with Michelin stars.
6. Its pleasant climate
On average, the climate of San Miguel de Allende is usually between 16° and 20°C. Most of the year tends to be temperate, so you can wear your bathing suit to take a dip in the pool or go to the hot springs nearby. And during the winter the weather tends to be cooler, perfect for enjoying an outdoor bonfire.
7. Multicultural community
Being a city with an extremely calm environment, it seduces foreigners, being represented by 40% of the population. Providing a rich offer of activities for any taste and age.
8. Its Historic Center
The 24 blocks that make up the historic center of the city invite you to go on a walk that can become memorable for the whole family. It is definitely a complete and 100% enjoyable activity. In addition, you cannot miss the unforgettable pink quarry façade of the parish of San Miguel Arcángel.
9. Its history
San Miguel de Allende was built 20 years after the Spanish arrived in these lands, making it one of the oldest cities in Mexico and one of the few cities that has managed to maintain its small size.
10. Its unique location
The city is located close to major destinations in Mexico, since it is only 45 minutes from Querétaro, a large city in central Mexico distinguished for being one of the two states in the country with the greatest dynamics of economic growth; and in 2 hours 50 minutes you can reach Mexico City, the capital and largest urban center in the country.
San Miguel de Allende is definitely a paradise that you never want to escape from, invest right now in your vacation home!
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Visit our page now, because your luxury vacation home in San Miguel de Allende is waiting for you.
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