This activity could bring you a lot of material satisfaction on longer term, since the purpose is for fun, tourism and recreation and if you take care and invest in well known and interesting points.
You can buy the building and use it for your own purpose in some periods during one year and then rent it for couple of months or keep the short term renting active. Be careful with the local legal regulations since the investments criteria and conditions are different and could make it difficult for you.
But most of the countries are generous towards foreigners investors and offer a limited number of restrictions. Some of the buildings are easy to buy but difficult for further renting. Investing in big cities could offer huge advantages since the economic politic and demographic conditions are generous.
Big cities attract money and money attract strong people. People from those countries are not the only one who settle in big cities, foreigners are also willing to be in the middle of action, specially for touristic purposes. This fact involves supply and demand for residence and renting.
So the investors have many choices: buying the residence and the lodger, buying an empty residence and use it for ling term renting issue or short term for the tourists.
Smaller houses produce larger income than luxurious penthouses even the monthly income is bigger, since profitableness is obviously different.
