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Frequently Asked Questions For Buying a Home in San Miguel de Allende
I need my home in San Miguel to pay for itself with a decent ROI—is that possible?

Many of my clients say they could afford a home here if it would just pay for its operating expenses, but with our lucrative short-term rental market, I sometimes have listings that can offer as high as a 14% ROI (Return on Investment) even after covering expenses. If you wonder how that’s possible, it’s because labor and operating expenses are so low. Property taxes on a $500K home will run about $1,250 USD per year (at 2025’s exchange rate), for example.

Electricity is about $1/day, fiber optic internet just a bit more, water about $20/month, a maid about $6.00/hour…all your operating expenses will be a small percentage of U.S. cost expectations. And our property managers will manage your rental business for only 20% of the income stream. That’s why we can afford such a great lifestyle here!

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