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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
Guadalupe is one of San Miguel de Allende’s most distinctive neighbourhoods, known for its artistic flair, central location, and growing demand among luxury buyers. Just a short, flat walk from the Jardin, this area offers rare access to Centro without the crowds, making it a preferred choice for those seeking both culture and calm. The neighborhood is famous for its colorful murals and creative energy, but it's also evolving into a refined residential enclave. Buyers exploring homes for sale in Guadalupe San Miguel de Allende will find a mix of beautifully renovated colonial homes and newly built residences with thoughtful architecture and premium finishes. As demand for real estate in San Miguel continues to rise, Guadalupe has emerged...
Guadiana
Guadiana is one of San Miguel de Allende’s most refined and exclusive neighborhoods, celebrated for its leafy streets, elegant architecture, and close-knit, upscale community. Anchored by the city’s second most beloved park, this neighborhood blends tranquility with proximity, offering residents a peaceful retreat just minutes from the heart of Centro. Those exploring homes for sale in Guadiana San Miguel de Allende will discover a rare blend of charm and sophistication. Luxury properties here range from $500,000 to over $3 million, often featuring colonial facades, lush courtyards, and rooftop terraces with sunset views. The area is fully gentrified, and real estate is in high demand among those seeking a refined lifestyle in a walkab...
Las Ventanas
Welcome to Las Ventanas San Miguel de Allende, a prestigious private community that redefines modern luxury living in Mexico. Anchored by a championship-level, par-70 golf course designed by legendary golfer Nick Faldo, Las Ventanas is where elegant architecture, panoramic views, and premium lifestyle amenities converge. This gated enclave offers refined privacy and sweeping vistas of the city’s historic skyline and surrounding high-desert landscape, creating a setting that feels both expansive and serene. Las Ventanas real estate in San Miguel de Allende has become a top choice for discerning international buyers seeking secure investment opportunities with lifestyle perks. Whether you’re exploring homes for sale in San Miguel de Alle...
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 ...

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