Popup Connect

Main Content

Neighborhoods

Our Neighborhoods
Transparent Image Las Ventanas Golf Obraje Guadalupe Rinconada Balcones Atascadero Centro San Antonio El Paraiso Ojo de Agua Guadiana Paseo Real Club de Golf Malanquin Map

While those of us who live here in this city of only 150,000 people love that our home mimics a small European village— much of our town is walking distance— we actually have 81 postal codes that each represent a different neighborhood, many of which are anchored by 27 of their patron saint’s church. Probably 95% of recorded real estate transactions occur within only about 15 to 18 of these neighborhoods, however.

The beauty of our village is that each neighborhood can offer a distinctive flavor and environment and for Buyers, it is important to find the area that resonates most with you! That’s why we’ve focused here on 13 of the most popular neighborhood destinations among expat buyers. And while the editorial description is helpful, you’ll love the videos of each— the drone footage is astounding, the streetscapes are amazing!

Visit a few options and then drop us a line on your favorite— we’ll have several options available in each neighborhood that we’d love to show you!

Tour Our Favorite Neighborhoods
Atascadero
Atascadero in San Miguel de Allende is a neighborhood with history, charm, and plenty of space to breathe. Once a sprawling horse ranch, this eastern enclave was developed in the 1960s and has since attracted a mix of affluent Mexican Nationals and expatriates. The appeal? Large lots, stunning homes, and a peaceful atmosphere. Luxury homes for sale in Atascadero, San Miguel de Allende, range from elegant colonial estates to modern villas. Unlike other upscale areas like Balcones, Atascadero real estate in San Miguel de Allende often comes with larger plots of land, beautifully landscaped gardens, and even private swimming pools. While the neighborhood sits at a higher elevation, making it less walkable to the city center, the trade-off is...
Balcones
Balcones is a beautiful and elevated neighborhood in San Miguel de Allende. As the name "Balcones" suggests, this area is perched above the city - it offers some of the best panoramic views of San Miguel and its surrounding landscapes. The views here are so breathtaking that many homes feature balconies to take full advantage of the scenery. Even homes at ground level often feel elevated, thanks to the neighborhood’s slope and positioning. Although Balcones in San Miguel de Allende isn’t as walkable as other neighborhoods like Ojo de Agua, it has its own unique charm. The lower parts of Balcones are within walking distance of the Jardin, so it’s easy to access the heart of San Miguel de Allende, while the higher sections offer even m...
Centro
Imagine waking up to the sound of church bells and stepping onto cobblestone streets surrounded by centuries-old architecture. That’s daily life in Centro, San Miguel de Allende—a historic district where old-world charm meets modern luxury. Centro is the cultural heart of the city, home to boutique shops, vibrant plazas, and world-class dining. For those seeking luxury real estate, it offers elegant colonial homes with modern comforts—think rooftop terraces with sweeping views, lush private courtyards, and high-end finishes that blend seamlessly with historic character. Living in Centro means being steps away from gourmet restaurants, local markets, and exclusive boutiques. Whether you’re looking for a restored estate, a contempor...
Club de Golf Malanquin
Club de Golf Malanquin in San Miguel de Allende is one of the city’s most established and desirable neighborhoods. Developed in the 1960s, it’s known for its peaceful, upscale atmosphere and impressive golf course views. For decades, it was the only golf community in town and remains a favorite among affluent Mexican families and expats.  This community features a full 18-hole course and a recently renovated clubhouse with excellent amenities. Residents enjoy a fantastic golf club lifestyle with access to tennis courts, a swimming pool, a restaurant, and a calendar of seasonal events. It’s the kind of place where neighbors gather for sunset drinks and early morning tee times. Club de Golf Malanquin real estate in San Miguel de Allen...
El Paraiso
Who wouldn’t want to live in Paradise? El Paraíso isn’t just a name, it’s a promise. This exclusive gated enclave offers a serene blend of privacy, architectural sophistication, and panoramic hillside vistas, making it one of the most desirable addresses in San Miguel de Allende. Discerning buyers looking for homes for sale in El Paraíso, San Miguel de Allende, are drawn to its modern design sensibility—clean lines, high-end finishes, and a total absence of the traditional unfinished brickwork seen in older neighborhoods. Each home tells a story, from sleek contemporary builds to timeless colonial-inspired facades, all executed with exceptional craftsmanship. Perched above the city yet just minutes from Centro, El Paraíso San M...
Guadalupe
Now considered the “arts district” because of the many colorful wall murals painted throughout this neighborhood, Guadalupe is the newest neighborhood—abutting Centro to the north—to realize substantial gentrification over the last decade because it is still a close and flat walk to the Jardin. You’ll find this a cozy, mixed neighborhood hosting small shops and restaurants, with pockets of all-new homes mixed with older raw-brick Mexican homes. It has become difficult to find move-in-ready homes here for under $400K other than condos, and values keep climbing with neighborhood improvements like the new “Riverwalk” trail along the northern boundary of Guadalupe. If you’ve an artistic bent, this is your ‘hood! Platform Sl...
Guadiana
Anchored by the city’s second most popular park, the heart of Guadiana is a fully gentrified neighborhood of pricey, beautiful homes in San Miguel de Allende, 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!
Las Ventanas
San Miguel de Allende finally gained celebrity status with the development of this Nick Faldo par-70 golf course and community less than a decade ago. Built on a sloping site with long-distance views of San Miguel de Allende across most of the community, the grounds and vistas are impressive and the community offers the expected set of amenities in an all-new clubhouse. Although a tiny cluster of smaller villas can begin around $300K in re-sale pricing, homes here generally start about $500K and can climb from there, depending on fairway frontage, views, and private amenities like swimming pools. The water hazards and exquisite fairways provide an excellent oasis from our high-mountain-desert environment, with private yards being more a nor...
Obraje
As the last decade’s price increases have pushed the boundaries of expat-popular neighborhoods further away from Centro, Obraje has become the newest of our up-and-coming neighborhoods, changing dramatically over the last few years. While it was always home to the largest bilingual school that hosts wealthy Mexican Nationals and American children, it now boasts a host of new homes—many of them a stylish Mexican-contemporary style—and is adjacent to the city’s newest upscale hotel, the Live Aqua. Access to this neighborhood will change dramatically for the better in the next few years, further bolstering home values here. While values can be found from about $250K to about $500K, expect those to climb higher in the future as Obraje b...
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!
Paseo Real
As San Miguel’s price points have climbed, newer communities sprout up further out from the center of town and while they don’t offer the walkability of Centro, they boast all-new construction in a clean, well designed neighborhood, and Paseo Real is among the best examples of these new entry-price point communities. There is nothing to gentrify as this area was just an open field a few years ago and like El Paraiso, homeowners are attracted to that more uniform aesthetic, bolstered by a grand landscaped-median boulevard. This community is a combination of some of the city’s best examples of condominium design—all hosting U.S.-style amenities like on-site restaurants and spas—to smaller single-family homes, both of which can start...
Rinconada de los Balcones
Although the word “rinconada” means corner, this neighborhood is the entire upper, or eastern, boundary for the eastern neighborhood of Balcones, described above, perched even higher above the city. This is a very new neighborhood with a fair amount of new homes still to be built in this small residential-only community. You’ll find larger homes here on larger lots, most offering sweeping views from the second floor and roof terraces of these large, grand homes. Residents like the quiet nature of this community—there is no through traffic—and with it being literally adjacent to the 440-acre botanical gardens, it appeals to outdoor enthusiasts, hikers, and nature lovers. While an occasional value around $400K can be found, most hom...
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 ...

Greg’s Sphere of Global Influence

Greg’s Sphere of Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Global Influence
Market Watch
Barron
Skip to content