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Transparent Image Las Ventanas Golf Obraje Guadalupe Riconada Balcones Atascadero Centro San Antonio El Paraiso Ojo de Agua Guadiana Paseo Real Map
San Miguel de Allende is a small city—only about 150,000 residents—but diverse in neighborhoods! Seldom is the old real estate adage about “Location, Location, Location” more appropriate than here in San Miguel de Allende! And understanding those neighborhoods will be key to helping you choose the best home for your lifestyle. A good rule of thumb to remember about homes in San Miguel is that values are based upon a home’s walking distance and sightline to the Parroquia—our own Eiffel-Tower-like icon—because the Parroquia anchors the Jardin, or town square, and is the very heart of the city. The closer one lives to the Jardin, the more expensive the home value, the better the appreciation, the safer the investment, and the better rental rates an owner can expect. Any home within a flat, 15-minute walk to the Jardin is often considered most desirable with the majority of our demographic, while uphill climbs to the east or longer walking distances typically result in more affordable values. This can be measured both by more affordable $/SF prices, as well as more “bang for the buck,” so to speak—a larger home on a larger land parcel. The look and feel of a neighborhood can vary dramatically, with some neighborhoods being all-residential—like those newer uphill neighborhoods to the east—some offer a more artsy feel with multiple public wall murals—like Guadalupe—some offer a nice mix of small shops and restaurants interspersed among the partially-gentrified neighborhood—like San Antonio—and some are fully-gentrified, park-like settings—like Guadiana. Each has their special appeal, it all depends on your lifestyle. To learn more about our unique neighborhoods, simply click the neighborhood name above or scroll down and read the descriptions to find your best fit—your new home awaits you there!

Our Most Popular Neighborhoods


Often our most popular destination, Centro is the “center” of town and it’s anchored by our pink-spired Parroquia church, our iconic Eiffel Tower of San Miguel. Home values and popularity are based upon your walking distance to, and sightline of, the Parroquia. Centro houses the bulk of our village’s restaurants and shops, art galleries to opera houses, and residents love the concept of strolling ten minutes to their favorite dinner destination or music venue. Work with a knowledgeable Realtor who understands the 475-years of organic gentrification in Centro and can advise you of which streets may be noisier from bus traffic, or which will be an easy, quiet stroll to the Jardin and your favorite park bench. You’ll fall in love with Centro!

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Anchored by the city’s second most popular park, the heart of Guadiana is a fully gentrified neighborhood of pricey, beautiful homes ranging from roughly $500K to $2MM USD, all Luxury Collection beauties. The periphery of this neighborhood, as it gently climbs the hillside to the east, sometimes offers better values for only a slightly longer walk to the Jardin, most all of which is a short, flat walk. Residents enjoy the few little shops on the west edge but especially enjoy the proximity to the Organic Market (Mercado Sano), which doubles in size each Saturday for the weekly block-party event. Cozy in with Guadiana, it’ll warm your heart!

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San Antonio

As the largest neighborhood in San Miguel, San Antonio has its gems and its rough edges, both—work with a knowledgeable Realtor who will steer you to your correct comfort level. While this older neighborhood has been gentrifying for about 15 years, pockets of the neighborhood prove exceedingly popular and those areas are spreading, especially the south border with new shops, gyms, spas, bakeries and fresh fruit & vegetable stands. North San Antonio and the area closest to the Instituto Allende—and its surrounding shops and restaurants—are always popular, more affordable options. Values here might be still be found—increasingly rarely—for as little as about $275K, with prices climbing to sometimes around $1MM USD. Roll up your sleeves, you’ll enjoy exploring this SoHo of San Miguel!

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Ojo De Agua

While the periphery of this southeast new neighborhood can be more diverse, the heart of Ojo de Agua is widely considered the “Beverly Hills” of San Miguel, with hillside homes generally starting at perhaps $750K and climbing to almost $5MM USD, each one a Luxury Collection gem. The architecture of these homes can be as stunning as the city-wide vistas their hillside perch offers, and many nestle within gorgeous gated privadas. While most of this area is not considered a gentle walk to the Jardin, residents consider their exclusivity and the astounding vistas as a fair trade-off for hopping a taxi to the Jardin. You’ll salivate over the homes here—pop a bottle of bubbly and enjoy the tour!

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As the name implies, this eastern “balcony-like” newer neighborhood perches above the city often offering balcony views, sometimes even from the ground floor. While the lower parts of Balcones can be considered walking distance to the Jardin, this area is considered a bit like an affordable option to Ojo de Agua—walkability is traded for vistas. Watch for the public plaza and outdoor amphitheater bounded by palm trees and bougainvillea. Although rare values can be found in the mid-$300K range, homes here are mostly Luxury Collection offerings ranging up to about $1.5MM USD. Want to fly like an eagle? Come join our bird’s-eye tour of Balcones!

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Once a huge horse ranch, this eastern neighborhood was originally developed in 1960 and proved equally popular with wealthy Mexican Nationals and expats alike and price ranges here are now similar to Balcones. A quiet, sprawling all-residential neighborhood, homes here can often offer better value—more land, more square footage—for the trade-off of being uphill (i.e., not an easy walk) with few city vistas, save for the neighborhood’s western edge. Lawns and sometimes swimming pools are not uncommon here, and the quiet solitude makes your nightly dog walk a joy. Thinking of movin’ on up to the east side? Come take a tour of Atascadero and enjoy your piece of the pie!

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