Celebrating its 462nd birthday in 2004, San Miguel de Allende was colonized by the Spanish in 1542. Blessed with protection as a national monument for its role in the revolution for independence from Spain, and located in the inviting climate of Mexico’s central highlands, San Miguel is one of the most architecturally authentic colonial towns in the Americas and ranks among the world’s most highly rated vacation and retirement destinations.

San Miguel’s popularity has escalated in recent years and local real estate values that have appreciated consistently for decades are now poised to increase dramatically. Propelled by  concurrent regional, national and international conditions and population factors, the resulting imminent rise in property values in and around San Miguel creates a uniquely predictable as well as highly profitable acquisition opportunity for expedient investors.

 Substantial government funding for area tourism promotion and infrastructure is attracting more visitors, is making international travel to the region easier, and demonstrates a level of long-term political commitment favorable to private investment in this sector.   

 Extremely significant new San Miguel area developments include a U.S. $48 million, 250- acre film studio complex and three major golf developments; a Jack Nicklaus project with plans for two, 18-hole signature courses, an 18-hole Robert Trent Jones, Jr. course, and a Tom Weiskopf, 18-hole signature course that has yet to be publicized locally.

 Unlike elsewhere in the world, Mexico’s revenue from international travelers is increasing and both the number of visitors and related revenue are expected to climb with the growth in the vacation and retirement real estate markets elevated by U.S. Baby Boomers who have attained their peak earning years and are beginning to reach retirement age. 

 U.S. Census Bureau statistics show that the number of Americans retiring in 2001 was 2.07 million, will jump 73% to 3.95 million in 2011, and will exceed four million per year in the mid-teens and through the late 2020s. In total, this population segment is 76 million strong. According to economists, the top acquisition objective for Boomers age 45 and older is recreational real estate, and these affluent, well-traveled and intelligent consumers are the demographic group most attracted to San Miguel.

 Never in history have both internal and external factors combined been more conducive to investments in Mexico and all factors taken into consideration, currently no location in the republic presents a more viable opportunity than San Miguel de Allende for profitable investment in vacation and retirement related real estate.