Mexican Colonial and Modern Homes- Investment Properties
- Condominium
- Pre-Planned Full Service Communities
- Haciendas
- Land
San Miguel de Allende offers many options to buyers. Coldwell Banker – Premier Real Estate is prepared to meet your needs in all Colonias of the city and surrounding areas:
Whether you are considering purchasing property in San Miguel de Allende for investment, as a second home, or for retirement, there are some things that you should know.
Owning property in Mexico is a safe prospect. People have been investing in Mexican real estate for many decades and there are thousands of foreigners in San Miguel who own their properties with complete legality under Mexican law. Prior to NAFTA (1994) it was necessary for investors and homeowners to purchase properties through a Mexican Bank Trust, or Fideicomiso. That meant that the title (escritura) to a property would be under the trust and you would be listed as the beneficiary of the trust. This still applies to land 30 miles in from the coast and within 50 miles of the border. Because San Miguel is located in Central Mexico, these laws no longer apply. You have the right to purchase property and will be granted full title (escritura) of that property in your own name. This consideration is very important when purchasing property in Mexico.
Historically, buyers have purchased homes in San Miguel outright, without a mortgage as Mexican banks do not issue loans to foreigners. There has been, however, recent interest by American lending institutions to provide financing in San Miguel due to heightened interest of Americans and Canadians in relocating and investing in San Miguel real estate. Please contact us to discuss this option should you require financing.
Purchasing your Mexican dream home is a simple process. The Team at Coldwell Banker – Premier Real Estate is dedicated to showing you properties that fit within the parameters of your requests.
What We Do
- Develop a relationship with you – listening to all of your real estate desires
- Provide comprehensive information about San Miguel to better educate you on all possibilities
- Create a comprehensive tour of homes that match your individual criteria
- Work with you from our first meeting through the closing process – guiding you with consistency professionalism and dedication.
- Establish a clear relationship of total customer service
Looking to Buy? Contact Us Today!
Coldwell Banker – Premier Real Estate agents are here to help! Please let us know what you are interested in, and we will get back to you within our earliest availability.
