For reference, I purchased a new build in 11/2023 (to give you perspective).

**Cancellation and Termination**: What are fair and effective policies for early termination or cancellation from both landlord and tenant perspectives?

Plus the easiest to understand from a landlord perspective. 

So, I would try to look at that with fresh eyes and evaluate every possibility imaginable before dismissing it.

I have no real insight to your market but let me share my personal perspective.   

At death, the property gets a new base value and all gain is gone from a tax perspective.  

From a liability perspective in Florida, it's advantageous to have a limited liability company own the property, especially considering that you are getting into the real estate business and intend to acquire numerous properties. 

Doing that will eliminate part of the hassle but I assume you're aware that you will likely make much less money than with US LTRs and that the laws are much more tenant friendly than anywhere in the US.I know Valencia quite well with the perspective of a North American (and European) as I was going to invest in STRs there after the Costa del Sol but, sadly, they've banned STRs there so I had to reconsider.

I have also seen the barrel saunas do well from an occupancy perspective, but they haven't noticeably increased ADRs from my perspective. 

@Anna Laud, thank you for sharing your perspective on it!