INVESTY .. if you want the wow factor please come to Brazil again, and I can show you some properties that will not blow your budget, and although in my opinion the rental market is not very well established in the NE of Brazil just yet (only for apart/hotels etc...), although in a few years it will be, as the flights & destinations reached in Brazil from Europe & US will open right up. Having said this, I have 2 apartments that are renting just fine at the moment, and unlike EU countries, you can rent throughout the calendar year, so achieving occupancy of over 6 months during the year is a realistic proposition. My estimated rental return for year1 will be in the region of 15/20% of property value, and the capital gain will be similar. Private furnished apartments close to the beachfront are not readily available for the holiday market, whether that be for foreign or Brazilian tourists, so if you have one to rent, it's a prime target for business at present.