In San Miguel de Allende, the heart of the “Diamond of Mexico”, the real estate activity has had opportunities for deployment since thanks to the various tertiary activities it has found facilities to activate itself; in this sense, the construction and sale of real estate are a key point.
In recent years, the construction industry of San Miguel has been constantly growing, and even today in times of pandemic, the sector is relatively active. Streets, properties, schools and roads are built and remodeled. In addition, the infrastructure of the place is also constantly improving, alternative transport routes were opened, and roads were expanded.
However, it should be noted that while from 2015 to 2018 there were real estate sales of millions of dollars, during 2019 and so far this year 2020, the decrease in these has decreased drastically, while property prices have seen a Price reduction of up to 40% of your initial starting prices. Despite this economic phenomenon and the confinement that real estate activity is experiencing has not stopped, on the contrary, for those buyers who have either a good mortgage credit or a significant savings cushion, this has allowed them to achieve large discounts and opportunities. Not all those who sell properties are in emergency situations, it is necessary to do a careful study of the market if you want to invest in real estate.
Condos in San Miguel de Allende
The future of real estate in San Miguel de Allende aims to be a sure investment guarantee. Proof of this is that it has already gone through difficult stages of inflation, economic uncertainty and social crisis before, and San Miguel de Allende always manages to overcome those obstacles and, like the Ave Fenix, be reborn with new and more creative forms.
During these “Stay at Home” months, properties were sold through technological tools such as video tours, 360 photos, videoconferences with clients, electronic submission of forms and contracts, electronic signatures through docusign, interior decoration to through special programs and more. All this WITHOUT LEAVING HOME. It is evident that this sector has also adapted to current circumstances