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Real Estate in Queretaro, Mexico | Expat Exchange
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Real Estate in Queretaro, Mexico

By Joshua Wood, LPC

Last updated on Jun 07, 2023

Summary: The most desirable neighborhoods in Queretaro, Mexico are San Juan del Rio, El Marqués, and Corregidora. The average cost to buy a nice 2 bedroom home in Queretaro is around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and a fully equipped kitchen. There are no restrictions on foreign ownership for properties in Queretaro. Expats should search for a home to buy in Queretaro by researching the different neighborhoods, looking at listings online, and visiting the area to get a better feel for the area. It is also recommended to hire a real estate agent to help with the process.

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How do I find a place to live in Queretaro?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Queretaro can be done in several ways. One way is to drive around the city and identify areas that you like. You can also search online for listings of apartments and houses in the area. Additionally, you could also contact a local real estate agency, or ask around to see if anyone you know has any good recommendations. All of these options can help you find a place to live in Queretaro, Mexico," explained one person living in Queretaro, Mexico.

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Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

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Welcome Home MexicoWelcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
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What is a typical expat home or apartment like in Queretaro?

"Expat homes and apartments in Queretaro, are typically situated in quiet residential neighbourhoods with a mixture of traditional colonial architecture and modern buildings. Most expat homes and apartments offer comfortable amenities such as air conditioning, cable TV and internet access, while some may come fully-furnished. Many expats choose to live in villas or large detached houses with private gardens and/or swimming pools. Expats will feel secure in Queretaro, with many neighbourhoods often guarded by 24 hour security, making it a popular city for those relocating to Mexico," said one person in Queretaro.

Welcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Welcome Home Mexico

Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What is the average cost of housing in Queretaro?

If you are thinking about moving to Queretaro, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Queretaro generally varies depending on the type and size of the housing. On average, a one-bedroom apartment will cost around 1500 to 2500 Mexican Pesos per month and a three-bedroom apartment can cost around 3000 to 5000 Mexican Pesos. Houses in Queretaro normally cost much more, with the average cost being around 17000 to 29000 Mexican Pesos per month," said one person in Queretaro.

Should I buy or rent a home in Queretaro?

If you have not spent a lot of time in Queretaro, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"When considering whether to buy or rent a home in Queretaro, it is important to weigh the pros and cons of each option. Renting often allows for an easier setup process, since there are typically fewer upfront costs than when buying a home. Additionally, living in a rental property does not require that you stay in the area for a long period of time, making it a good choice if you may need to move sometime soon. However, buying a home can be a great long term investment and provides more security, since you’ll be able to customize a place to suit your specific needs. Additionally, depending on the current housing market, buying a home in Queretaro might be more affordable than renting. Ultimately, the right decision for you will depend on your unique lifestyle and financial situation," remarked one foreigner who made the move to Queretaro.

What do I need to know when buying property in Queretaro?

When we asked expats what advice they would give a foreigner before buying a property in Queretaro, they said:

"1. When buying property in Queretaro, it is important to do thorough research into local laws and regulations concerning real estate. 2. When visiting the property in person, make sure to have a knowledgeable and experienced local real estate expert. 3. Make sure to review all necessary property documents, such as titles and proof of ownership, before making the purchase. 4. Before making the purchase, have the property inspected by an independent expert to verify any known or potential defects that may affect the value. 5. Consider using a lawyer to protect your rights and guarantee the legality of the contracts. 6. It is important to understand the local market and to be aware of potential risks and obstacles such as bureaucratic red tape, sudden changes in legal regulations, or risks of decline in value in certain areas. 7. Make sure to review all payment options, such as cash, instalment plans, and financial aid, to ensure you get the best deal possible," explained one person living in Queretaro, Mexico.

Are foreigners allowed to own property in Queretaro?

When we asked expats what advice they would give a foreigner before buying a property in Queretaro, they said...

"Yes, foreigners are allowed to own property in Queretaro. According to Mexican law, foreigners are allowed to purchase property in Mexico as long as they obtain a permit from the Ministry of Foreign Affairs. This permit is known as a Fideicomiso, and it allows the foreign buyer to own the property in their own name. The Fideicomiso also allows the foreign buyer to transfer the property to their heirs in the event of their death," said one in Queretaro.

What appliances are typically included in a rental?

We asked foreigners in Queretaro what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in Queretaro, it is common for tenants to find a refrigerator, an oven, a dishwasher, a stove, and a clothes washer and dryer. Other appliances can sometimes be included, such as a microwave, a toaster, an electric kettle, a coffee maker, and a blender. Additionally, some landlords may also provide linens, towels, and other household items," remarked one foreigner who made the move to Queretaro.

Additional Information about Searching for a Home in Queretaro:

We asked foreigners in Queretaro what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Queretaro by looking online for real estate listings, contacting local real estate agents, and asking other expats for recommendations. Additionally, expats can attend open houses and visit neighborhoods to get a better sense of the area," explained one person living in Queretaro, Mexico.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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