All Forum Posts by: Bejoy Nair

Thank you @Mike Lambert. 

@Fletcher Wheaton - Have sent a private message to you.

Thx,

@Mike Lambert - Thank you for your insight. I am working on getting more details about the market.

I do have a follow up question about your statement - “You will rent short term compared to long term”. The strategy for San Miguel that I had in mind is to rentshort term during the high season and long term during the off and medium busy season.  I working on numbers to confirm this but as remote investor (who is investing for the long term), I am looking at decent rental income profit and property appreciation in the next 5-10 years.

I know this is a rookie question but would like to learn from other experience. If there is an existing chat within these forums about this topic, please do share it with me.

Thank You,

@Brandon Goldsmith - The place is popular with expats, artist and with the wedding industry. I have a close friend who is an artist and she moved to Allende 3 years back and speaks highly of the town. It seems to be safe, pleasant weather and folks rent out there for the long term.

Post COVID, I see an opportunity but would like to validate it with experts on this forum. Not everyone wants to go to Cancun/Tulum or Puerto Vallarta. With an existing base of expats, I would like to believe more folks to move down there for art, business and vacation.

Hoping we can get some more info from resident experts on this opportunity.

Thx,

Hi BP members - I am interested in learning your opinion about the rental market for San Miguel De Allende in Mexico. I did a trip from Mexico all the way to Puerto Vallarta last year and did stay at San Miguel for 2 nights. Met few expats and learned about the art and culture scene in San Miguel. With so many expats calling it home, I was wondering why it does not show up in the preferred destinations for investment in Mexico. Would San Miguel not be a good place for Long term rental potential?

I look forward to hearing your opinions.

Thx,