Tour the homes you love and leave the rest to us. From negotiating to closing, from visas to taxes, we’ve got you covered.
Our agents show you all the properties that fit your profile, not just our own listings.
Our custom search engine incorporates the MLS, so you can see all the available properties.
This will help you decide early on where to focus your search.
The Short Answer
Yes, but generally speaking, it’s not a good option because it complicates the process and is expensive. However, there are some alternative options that might be a possibility.
To learn more about financing, see The In-Depth Answer.
The Short Answer
As a rule of thumb, we advise buyers to expect up to 6% of the purchase value for closing costs. Often, the costs end up only a little over 5%, but they can go as high as 6.5% for more expensive properties.
To see a breakdown of these costs and for more details, see The In-Depth Answer.
The Short Answer
No. However, you will need to give someone a Power of Attorney (POA) so that they can sign on your behalf, in person, on closing day.
If you are a buyer, there are some occasions where someone can sign on your behalf as gestor oficioso with no POA required, but a seller always has to have a POA.
A POA can be completed both within and outside of Mexico.
To learn how to create a POA and for more details, go to The In-Depth Answer.
Yes, asking prices are always negotiable.
A buyer usually offers below the asking price, but when there are competing offers, the buyer may offer above the asking price.
Knowing a little about the current market can help you make a better offer.
Realty San Miguel regularly publishes the current trends in our Market Update. In a booming market, the actual sold price may average just 2% - 3% below the asking price, while in slower times the actual sold price may average closer to 10% below the asking price.
If you would like to receive our Market Updates, send us an email from any of our email forms and check the “Receive Market Updates” box.
Yes, any of the Realtors at Realty San Miguel can show you any property you may find on any other website. We are all active members of our Realtor association (AMPI).
In addition, Realty San Miguel has now integrated the MLS directly into our search engine. So if you're using our property search tool, all of the MLS listings, even listings belonging to other agencies, will show up in one convenient place.
We recommend that you meet and get to know one of our agents. They will show you properties that best fit your needs, vs. only showing you their own listings, or only Realty San Miguel’s listings. They have often seen many other listings, have a good idea which ones would suit your needs, and can give you an opinion on how well the property is priced.
No. The annual municipal taxes on property are very modest here in San Miguel de Allende. For median home values they amount to just a few hundred dollars a year. If you pay before the end of January there is a 15% discount. This tax is called the “predial” and the office that does the assessments is the Predial Office.
Every foreigner purchasing a property in Mexico needs an SRE permit. This permit comes from the Secretaria de Relaciones Exteriores.
However, purchasing a property in San Miguel de Allende does not require that the property be held in a bank trust; you can hold the fee simple title.