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Invest In San Miguel
  • START HERE
    START HERE

    Seven buyers, seven sets of questions. Find the one that describes you.

    • The Retiree Healthcare, estate, and the question nobody raises
    • The American Buyer Equity from a peak sale, and what it buys here
    • The Canadian Buyer CAD exposure, T1135, snowbird to resident
    • The European Investor The currency chain, the long hold, and Lisbon
    • El Comprador Mexicano Análisis en pesos, sin sobreprecio gringo
    • The Remote Professional Fibre, visas, and whether the maths works
    • First-Time International Buyer Start here if you have never bought abroad
    • En español Análisis en pesos para el comprador mexicano
    Free · no card The SMA Wealth Intelligence Report The independent quarterly report on San Miguel property. Free. Get the report →
  • THE MARKET
    THE MARKET

    What property here costs, earns and risks — every figure sourced and dated.

    • Market Tracker Every published figure, reconciled monthly
    • Prices & Appreciation What homes sell for: median, average, asking
    • Short-Term Rental Yields The full distribution, not the best case
    • Inventory & Absorption Months of supply, and the 2026 build-up
    • The Downside Case What could go wrong, written honestly
    • Agent Commissions What they cost and who actually pays them
    • Liquidity & Resale How long it really takes to sell
    • Currency Risk Appreciation restated in your own currency
    • The Luxury Segment Above $2M, and why it behaves differently
    • SMA vs Other Markets Merida, Oaxaca, Puerto Vallarta, Lake Chapala, Tulum
    • Water Risk The aquifer deficit, in CONAGUA figures
    • What Nobody Publishes The 156 things about this market that cannot be sourced
    Free · no card The SMA Wealth Intelligence Report The independent quarterly report on San Miguel property. Free. Get the report →
  • NEIGHBOURHOODS
    NEIGHBOURHOODS

    Compared on what is published, not on the photography.

    • All Neighbourhoods Compared on asking prices, supply and walkability
    • Centro Historico UNESCO core. Supply-constrained by law
    • Guadalupe The arts district, walkable to Centro
    • San Antonio Authentic character at a lower entry point
    • Guadiana Tree-lined and established, just above Centro
    • Ojo de Agua Luxury segment, and where it has softened
    • Los Frailes Space and views, at the cost of walkability
    Free · no card The SMA Wealth Intelligence Report The independent quarterly report on San Miguel property. Free. Get the report →
  • HOW TO BUY
    HOW TO BUY

    Buying, owning, selling and inheriting: what the law actually requires. With citations.

    • No Fideicomiso Required SMA is outside the Restricted Zone. You own directly
    • The Buying Process Offer to escritura, step by step, with timelines
    • Buying in a Development The sale permit, and what to demand before paying
    • Closing Costs Itemised, with the figures behind each line
    • Property Taxes What predial actually costs to hold
    • Capital Gains on Sale The exit, which you should model at purchase
    • Short-Term Rental Permit What the law requires and what is actually enforced
    • Rental Income Tax The full stack, gross booking to what you keep
    • Residency & Visas Temporary, permanent, and what ownership does not get you
    • Selling: US Taxes What an American owner owes the IRS on a sale
    • Canadian Tax Reporting T1135, the inclusion rate, the foreign tax credit
    • Wills & Inheritance Direct title has no beneficiary. What heirs face
    Free · no card The SMA Wealth Intelligence Report The independent quarterly report on San Miguel property. Free. Get the report →
  • JOURNAL
  • ABOUT
GET THE REPORT GET THE REPORT
Overview The RetireeThe American BuyerThe Canadian BuyerThe European InvestorEl Comprador MexicanoThe Remote ProfessionalFirst-Time International BuyerEn español
Overview Market TrackerPrices & AppreciationShort-Term Rental YieldsInventory & AbsorptionThe Downside CaseAgent CommissionsLiquidity & ResaleCurrency RiskThe Luxury SegmentSMA vs Other MarketsWater RiskWhat Nobody Publishes
Overview All NeighbourhoodsCentro HistoricoGuadalupeSan AntonioGuadianaOjo de AguaLos Frailes
Overview No Fideicomiso RequiredThe Buying ProcessBuying in a DevelopmentClosing CostsProperty TaxesCapital Gains on SaleShort-Term Rental PermitRental Income TaxResidency & VisasSelling: US TaxesCanadian Tax ReportingWills & Inheritance
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Privacy notice

Last updated 24 September 2026 · Aviso de privacidad en español

The short version. We ask for your first name, email address and country when you request the report, and use them to send you the report and the emails described next to the form. We use no cookies, no analytics and no advertising trackers. We never sell, rent or share your details, and no agent, broker or developer ever receives them. You can unsubscribe in one click or ask us to delete everything.

Who is responsible

Invest In San Miguel is published by Diego Lujan Studio LLC, which is responsible for your data. We work from San Miguel de Allende, Guanajuato and Austin, Texas. To reach us about anything on this page, use the contact form.

What we collect

  • When you request the report: your first name, email address and country, and, recorded automatically, the page you asked from, the edition you asked for, the language of the page, and the date and time.
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Why we use it

  • To send you the report you asked for, and a link to it by email.
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  • To answer the question you sent us.
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Who else sees it

Only the services that run the site for us: Netlify, Inc., which hosts the site and stores form submissions, and the email service we use to send our emails. Both process your data on our instructions and in the United States. Nobody else. We do not sell, rent, trade or share your details, and we do not pass them to agents, brokers, developers, lenders or anyone paid when a property changes hands.

How long we keep it

Your email details are kept until you unsubscribe or ask us to delete them. Contact messages are kept while the correspondence is useful and deleted on request.

Your rights

You can unsubscribe from any email with the link at its foot. You can also ask us to show you what we hold, correct it, delete it, or stop using it for any purpose, by writing through the contact form. We will answer within 20 working days. These are your rights under Mexican law (the ARCO rights), under the GDPR if you are in the European Union or the United Kingdom, and under Canada's privacy law.

Changes

If this notice changes, the date at the top will change with it.


Aviso de privacidad

Responsable. Diego Lujan Studio LLC, editor de Invest In San Miguel, con operaciones en San Miguel de Allende, Guanajuato, y Austin, Texas, es responsable del tratamiento de sus datos personales. Para cualquier asunto relacionado con este aviso, escríbanos a través del formulario de contacto.

Datos que recabamos. Al solicitar el reporte: nombre, correo electrónico y país, además de la página desde la que lo solicitó, la edición, el idioma y la fecha. Al usar el formulario de contacto: nombre, apellido, correo electrónico, lugar de residencia y su mensaje. No recabamos datos sensibles. Este sitio no usa cookies, ni herramientas de analítica, ni rastreadores publicitarios.

Finalidades. Primarias: enviarle el reporte que solicitó y responder a su consulta. Secundarias: enviarle los correos de seguimiento que se describen junto al formulario (cinco correos breves y, después, alrededor de uno al mes cuando cambian las cifras). Si no desea que tratemos sus datos para las finalidades secundarias, puede darse de baja con un clic en cualquier correo o indicárnoslo por el formulario de contacto; esto no afecta el envío del reporte.

Transferencias. No vendemos, rentamos ni compartimos sus datos, y nunca los entregamos a agentes, inmobiliarias, desarrolladores ni a nadie que cobre cuando se vende una propiedad. Sus datos son tratados por los proveedores que operan el sitio por cuenta nuestra —Netlify, Inc. (alojamiento y formularios) y nuestro servicio de envío de correos—, en los Estados Unidos.

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Conservación y cambios. Conservamos sus datos hasta que se dé de baja o nos pida eliminarlos. Cualquier cambio a este aviso se publicará en esta página con su fecha de actualización.

Última actualización: 24 de septiembre de 2026.

Invest In San Miguel

Independent market intelligence for San Miguel de Allende real estate. No listings, no commission, no agenda.

Get the free report →
Questions
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Based in
San Miguel de Allende, Guanajuato · Austin, Texas

START HERE

  • The Retiree
  • The American Buyer
  • The Canadian Buyer
  • The European Investor
  • El Comprador Mexicano
  • The Remote Professional
  • First-Time International Buyer
  • En español

THE MARKET

  • Market Tracker
  • Prices & Appreciation
  • Short-Term Rental Yields
  • Inventory & Absorption
  • The Downside Case
  • Agent Commissions
  • Liquidity & Resale
  • Currency Risk
  • The Luxury Segment
  • SMA vs Other Markets
  • Water Risk
  • What Nobody Publishes

NEIGHBOURHOODS

  • All Neighbourhoods
  • Centro Historico
  • Guadalupe
  • San Antonio
  • Guadiana
  • Ojo de Agua
  • Los Frailes

HOW TO BUY

  • No Fideicomiso Required
  • The Buying Process
  • Buying in a Development
  • Closing Costs
  • Property Taxes
  • Capital Gains on Sale
  • Short-Term Rental Permit
  • Rental Income Tax
  • Residency & Visas
  • Selling: US Taxes
  • Canadian Tax Reporting
  • Wills & Inheritance

COMPANY

  • About
  • Our Methodology
  • The Report
  • Report Archive
  • Journal
  • Contact

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