Link to Actual Article: https://mediatalks.substack.com/p/a-serene-haven-in-mexicos-san-miguel
Imagine owning a beautiful luxury estate in one of the most envied international locations regarded as the best travel and leisure destination in the world.
Imagine owning a beautiful luxury estate in one of the most envied international locations regarded as the best travel and leisure destination in the world. Berkshire Hathaway HomeServices broker Greg Gunter notes that San Miguel de Allende—perched between mountain ranges in central Mexico—has become the dream-turned-reality for tens-of-thousands of expat homeowners here and there are a number of reasons behind that.
First off, it was ranked as the World’s Best City by Condé Nast Traveler, a global media company. San Miguel acquired the title for five years with Condé Nast while also earning the same #1 City in the World designation four times to date with Travel + Leisure magazine. The most notable achievement of this serene and mesmerizing city came in 2008.
In July 2008, the United Nations Educational, Scientific, and Cultural Organization (UNESCO) listed San Miguel de Allende as one of the world heritage sites with a protective town radius spanning over 64 blocks. The town is filled with historical representation of how the Spanish colonial era involved the use of inland routes and astonishing architecture to further economic activity and boost cross-cultural existence with the local Mexican communities of the 16th and 17th centuries. Says broker Gunter, who is also an architect, “The preservation of this town’s Spanish Colonial architecture exceeds that of any cities along Spain’s silver route.”
While there is a lot to talk about the historical significance of San Miguel under the guided council for protective towns of UNESCO World Heritage Sites, the current atmosphere is much more alluring for several reasons. Broker Gunter—who previously ranked as Mexico’s nationwide #2 Realtor by sales volume—claims that San Miguel de Allende is facing growing demands from foreign expats for residence ownership and real estate investment opportunities.
The real estate market in San Miguel de Allende is booming at a surprising rate. Foreign expats from North America, predominantly the United States, are seeking second and vacation homes in San Miguel de Allende. There is a rapid increase in luxurious real estate sales, especially in the seven-figure range, now almost triple the volume of luxury sales pre-pandemic.
In his 14 years as a full-time local expat, Greg Gunter has proven a trusted guide for several hundred real estate clients in San Miguel de Allende, working with second-home buyers, vacation home investors, and retirees seeking a house in the most elegant parts of the city to set up their retirement homes. Gunter has provided remarkable investment and real estate purchasing insights to clients as one of the city’s top Realtors, and now as a Broker.
Broker Gunter—who in 2020 opened the first and flagship office in Mexico for the esteemed Warren Buffet-led brand Berkshire Hathaway HomeServices—has acquired a solid reputation based on integrity and client satisfaction. Gunter’s advice to investors and dream-home seekers is simple: talk to a licensed and credentialed Realtor—Gunter holds the NAR’s esteemed Certified International Property Specialist designation—share your goals and objectives, and pour into the San Miguel de Allende real estate market, led by a highly experienced Realtor with a wealth of local knowledge.
Gunter shares that property appreciation rates can run in the double-digit range—sometimes up to 15-20%–for well-located homes in the popular neighborhoods of San Miguel de Allende. This not only makes it a great investment venture but also an ideal opportunity to set up rental income streams in the thriving traveling and tourist hub of Mexico, San Miguel.
The city shines above all other tourist destinations and has gained immense media coverage for its historical significance and immense English-language social and cultural infrastructure. And while Gunter is happy to talk with clients about finding the right dream home for them, he truly enjoys sharing insight into the thriving local culture and lifestyle, the Mexican heritage sites, and the UNESCO history that makes this city so rich. Gunter is available through his website www.DreamProHomesLuxury.com