Decent tourist destination?

Hi guys,Recently stumbled across a realestate agent from the UK operating out of a popular tourist/expat destination in Mexico.He’s offered me three properties for around 40-60k USD, in which he basically has guaranteed that one of them will rent “easily” for 850$My goal is to buy a property in cash this year for around 50k and rent it out for as much cashflow as possible.And at 850$, that’s a 20% cash on cash return..Is there anyway to verify it?

You will find opportunities in tourist-friendly areas.

I am considering building a small "home" (1000-1200sqft) specifically for short term rental in a tourist destination area.  

Of course here in southern California our season is really long, as we have year round perfect weather, and so many attractions for tourists. 

Don't forget Italy is a primary tourist destination, too, so for those who are interested in the buy to let market the high numbers of tourists coming to Italy are appealing.

Don't forget Italy is a primary tourist destination, too, so for those who are interested in the buy to let market the high numbers of tourists coming to Italy are appealing.

The price of the unit and how much it cost to prep it in furniture is half of the ROI formula along with the Revenue / expenseThird, the most important thing is just making sure you have really educated yourself in all the various parts of short-term rentals.I would start with "are there any drivable locations within 30 miles or so that are good tourist or City locations that make good returns." 

The climate of the island helps the prolonging of touristic season and also there are areas , like Heraklion city , that attracts tourists all the year.

The reasons I've been doing so are that the Turkish economy is growing, but most importantly, the population of both Turkey and İstanbul is growing, and Istanbul is the largest city that concentrates many businesses, its a large tourist attraction, and will have the largest financial center moving from Ankara.