Quinta Penélope

Located on Alhóndiga Street, within the highly sought-after Villa de los Frailes neighborhood, this exceptional property blends the architectural charm of San Miguel de Allende with a smart income-generating layout. Set on a generous 510 m² lot with 392 m² of construction, this estate offers both a peaceful retreat and a unique investment opportunity. Main Residence: Tradition and Design The main house, delivered unfurnished, features a functional layout that maximizes natural light and space: • Ground Floor (Private Area): Includes 2 spacious bedrooms and 2 full bathrooms, providing a cool and private atmosphere. • Upper Level: 1 bedroom and an open-concept kitchen, living, and dining area. This space stands out for its beautiful brick vaulted ceilings—an iconic regional craftsmanship element that adds elegance, height, and unmistakable colonial character. Apartment Module: Turnkey Investment The property includes a separate building with 3 studio-style apartments distributed across three levels. Each unit is designed for comfort and independence: • 1 bedroom and 1 full bathroom • Kitchenette and living-dining area • Fully Furnished: These units are ready to rent, allowing for immediate cash flow through vacation or long-term rentals Garden • Large Garden: Ideal for relaxation, featuring mature trees that provide shade, freshness, and privacy • Charming Façade: Framed by vibrant bougainvillea in multiple colors, creating the classic and romantic look of the area’s most beautiful homes This is an outstanding opportunity for those seeking a residence in a safe, tree-lined neighborhood, with the added advantage of an already established income-generating property.