Pedro Moreno House
$160,003≈ MX$3,000,000
- 4Bedrooms
- 4Bathrooms
- 1,507 sq ftLot area
About this home
CASA PEDRO MORENO — TRADITIONAL MEXICAN STYLE Pedro Moreno is an established residential neighborhood with a predominantly Mexican population that offers something increasingly valuable in San Miguel de Allende: the opportunity to experience everyday Mexican life while still being close to the city’s amenities. This is a neighborhood where families live, children grow up, and daily life unfolds naturally. You’re close to local shops, markets, small businesses, neighborhood services, and traditional Mexican restaurants, making everyday life practical and, overall, more affordable than in San Miguel’s more tourist-oriented areas. For buyers seeking value and space, Pedro Moreno can be an attractive alternative to the historic center, where prices are higher. San Miguel has become an increasingly expensive market, especially in the Centro, while established Mexican neighborhoods can offer larger homes and more living space for the same investment. The location also provides convenient access to major thoroughfares and commercial areas, including the modern shops and services at Plaza La Luciérnaga, which features supermarkets, banks, stores, restaurants, entertainment, and everyday amenities. The appeal of Pedro Moreno is simple: more living space, an authentic Mexican neighborhood atmosphere, a practical daily lifestyle, and great potential for buyers who want to invest in San Miguel without paying the premium associated with the Centro. For someone looking for a home rather than just a tourist experience, Pedro Moreno
Buying in Mexico as a foreigner
Yes, foreigners can buy property in Mexico.
Outside the restricted zone they may acquire directly, subject to applicable procedures. For residential purposes within the restricted zone, an authorized bank trust is commonly used.
- Near coasts and borders
- The Mexican Constitution establishes a restricted zone extending 100 km along borders and 50 km along coastlines.
- Residency
- Property investment of ~$220,000 USD (amount varies by exchange rate) can qualify you for Temporary Residency.
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers exists, but depends on the lender, residency, income, credit profile, down payment, location and property type.
How buying works
Legal due diligence
Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.
Offer and contract
Define price, currency, deposits, conditions, timelines and default consequences.
Permit or trust
Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.
Notarial closing
The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.
This information is general and educational. Legal, tax, immigration and purchase requirements may change and should be verified with a notary, attorney or authorized adviser in the state where the property is located. Research last reviewed July 2026.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$160,003
