Market Watch: 3 Luxury Homes Under US $3 Million In Mexico’s San Miguel De Allende

san miguel de allende
San Miguel de Allende in central Mexico is a melting pot of culture, tradition and good living. Here's a look at three luxury housing options in the historic city priced under $3 million,

Prime real estate in Mexico offers good value for the money, so much so that a first-time buyer might think that prices are too good to be true.

If you plan to buy a luxury house, there are several prime properties in San Miguel de Allende priced under US $3 million. With that amount, you could buy an estate with more than 10,600 square feet of space and still have leftover cash.

Here are three properties in the city as listed by CDR San Miguel, the leading luxury property broker in San Miguel de Allende.

Casa de los Sueños

Located in one of the most prestigious areas of San Miguel, Casa de los Sueños is a one-of-a-kind home built from stone, hardwood mesquite floors & artisanal tiles. (CDR San Miguel)

A Luxury Home Of Your Dreams

Price: US $2 million

Here’s your chance to own an affordable luxury house made from stone. Casa de los Sueños occupies 7,007 square feet of space in the prestigious Ojo de Agua community.

While upscale homes abound in the neighborhood, the two-level Casa de los Sueños stands out because of its colorful interiors and plush outdoors.

Casa de los Sueños kitchen

Next to the living room is a picturesque and well- equipped Mexican style kitchen. (CDR San Miguel)

Key details of the 7,384-square-foot property:

  • 4 bathrooms and 4 bedrooms
  • Artisanal tiles and hardwood mesquite flooring
  • Garden, patio and fountain
  • Mexican-style kitchen
  • Study area/office
  • Swimming pool
Casa de los Sueños balcony and centro view

From the large primary bedroom are views of centro and a balcony overlooking the pool and garden. (CDR San Miguel)

Each bedroom has a small balcony where you’ll see the garden and swimming pool on the first level. A vaulted staircase leads you to the master bedroom upstairs.

From there, you’ll enjoy a clear view of Centro, the center of San Miguel de Allende. A family room with a fireplace on the second level functions as an alternative space to the living room on the first level.

Read More: Property Agents Share Why San Miguel De Allende Is The Best City In The World

casa barranca den, dining room and kitchen

On one of the most desirable streets in Centro, Casa Barranca is a grand home with a pool, extensive gardens and expansive rooftop terraces with stunning Parroquia views. (CDR San Miguel)

A Luxury House In The Center Of San Miguel

Price: US $2.6 million

The Casa Barranca at Barranca 68 in Centro lets you stay in one of the historic center’s most sought-after streets.

With its vast space, Casa Barranca’s future owner may convert the property into a 10-room hotel. Views of the famous La Parroquia Church could be one of the main selling points if the buyer rebuilds the property.

Otherwise, the luxury home only requires minimal improvements. For example, you could add more bedrooms in the main house, which has three large bedrooms including a master suite and master bedroom.

Each of the two other bedrooms is inside a bungalow and casita near the private swimming pool. The casita also has a kitchen, making it an almost-separate living space from the main house.

casa barranca in san miguel de allende

The main house offers three large bedrooms with the potential for more, plus a private poolside one-bedroom bungalow and one-bedroom casita with kitchen. (CDR San Miguel)

Key details of the 10,462-square-foot property:

  • 6 bathrooms, 5 bedrooms and 1 garage
  • 15-meter heated pool
  • Built-in bookshelves and beveled glass windows
  • Central garden with loggia
  • Fireplaces in the library, dining and living rooms
  • French doors and hardwood flooring and
  • Outdoor seating area with domed roof and fireplace
san miguel de allende rooftop view

The grand scale and old-world charm of this home are enhanced by multi-level roof terraces with spectacular 360-degree views, perfect for a boutique hotel’s rooftop restaurant and bar or a lucky family’s private oasis. (CDR San Miguel)

Fig and peach trees surround the 15-meter heated pool that can be seen by climbing twin staircases from the lawn.

In the master suite, you can detoxify in the in-room sauna or relax on the balcony connected to the pool terrace.

The second master bedroom offers a different relaxing experience. You can admire the La Parroquia Church from the bathroom with a French balcony.

Abundant natural light fills the third ensuite bedroom because of a picture window. Another room functions as a family room and fitness area, although it can be transformed into a fourth bedroom.

If you like a 360-degree view of Centro, the multi-level rooftop terraces would be the best place to see it.

As an investment property, you could rebuild the terraces into a rooftop bar and restaurant to take advantage of the picturesque landscape and skyline.

Read More: Sophistication Sets The Tone At A Villa In Mexico’s San Miguel De Allende

casa ladrillera interior courtyard and barbecue

Enjoy the experience of stepping through an elegant portal of ornately carved double doors into Casa Ladrillera to discover the treasure within. (CDR San Miguel)

A Luxury Home Designed By A Renowned Architect

Price: US $ 2.75 million

Nicole Bisgaard, an esteemed architect in San Miguel de Allende, designed the Casa Ladrillera in the Centro neighborhood.

Local and international artisans collaborated to deliver luxury finishes, such as a double-height entrance and an intricate waterfall in the lower courtyard.

casa ladrillera interior living room

Designed by renowned architect Nicole Bisgaard, this stunning 5-bedroom home features superb craftsmanship by local and international artisans, with top-quality finishes and airy, high ceilings throughout. (CDR San Miguel)

Key details of the 8,202-square-foot property:

  • 5 bedrooms, 5 bathrooms and 2 half-bathrooms
  • 9 fireplaces and 1 garage
  • Garden, pool and sun-bathing terrace
  • Gourmet kitchen with butler’s pantries
  • Covered loggia near the pool
  • Mini-split air conditioners in bedrooms
  • Radiant heating in each bathroom’s marble floors
  • Solar panels and water purification system
casa ladrillera kitchen

The kitchen opens onto a large breakfast room with fireplace, one of nine fireplaces in the home. (CDR San Miguel)

A gas fireplace maintains warmth in each bedroom. In the master bedroom, a wood-burning pit complements the gas fireplace.

You’ll see the private garden and pool while relaxing in the master bathroom’s freestanding tub. A pathway in the upper courtyard connects the private sunbathing terrace to the garden and pool.

Whip up a gourmet feast with the kitchen’s modern equipment after lounging in the outdoor area. Among the top-end appliances include a Sub-Zero refrigerator and Wolf double-range cooker.

A spacious kitchen island, marble and granite fixtures adorn the kitchen, which is connected to a breakfast room. A set of doors separate the breakfast room from the adjacent dining room.

You can also cook outside from the grill area on the lower courtyard, which is connected to the living room through glass doors.

The 6,318-square-foot luxury home at Ladrillera No. 4 remains conveniently accessible from everything in Centro. Despite its good location, you can still enjoy the peace and quiet of a private street.

Read More: Why San Miguel De Allende’s Views Command Premium Real Estate Prices

Property listings were active as of the publication date.


Randolf Santos has covered different segments of the real estate industry since 2014. He worked at S&P Global Market Intelligence before joining Forbes Global Properties as a contributor. You can reach him at

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