St. Michaels, Maryland is a beautiful and historic village located on Maryland's eastern shore. Here are some pros and cons to consider when thinking about purchasing real estate in St. Michaels:

Pros:
- St. Michaels is a small, close-knit community with a strong sense of history and culture.
- The village is located on the picturesque Miles River, offering scenic water views and access to boating and other water activities.
- St. Michaels has a thriving tourism industry, which can be a benefit if you are interested in renting out your property as a vacation home or using it as an Airbnb rental.
- St. Michaels is known for its high quality of life, with excellent schools, low crime rates, and a variety of cultural activities and events.

Cons:
- Real estate prices in St. Michaels can be quite high due to its desirability as a place to live and visit.
- St. Michaels is a small community, which may not be ideal if you are looking for a bustling and diverse urban experience.
- The village is located in a somewhat remote area, which may make it more difficult to access major cities and amenities.
- If you are not interested in boating or water activities, you may find that St. Michaels has limited recreational opportunities.