San MIguel De Allende Investment

[Bejoy Nair]

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,