I would refi and buy another asset, or just sit and enjoy the higher cash flow.

Guests seem to enjoy it too. 

On my side, I work with investors and developers on the funding side — bridge, fix & flip, and construction financing — so I always enjoy connecting with operators who are in the trenches making projects like yours happen.

Be your ideal guest and run numbers and see what makes sense and what you'll enjoy owning. 

Those very high returns come from the combination of the very low mortgage interest rates and the steady capital appreciation.Regarding my investment portfolio, I'm still in a growth phase and a phase in which I help an partner with other investors so that they can invest in the most profitable opportunities without having the necessary presence on the ground, time, knowledge and contacts, which is something I really enjoy doing.The biggest hurdle is finding the right opportunities in a hot market, although it's a matter of time, for me at least, so it's not really a hurdle.Legal aspects aren't a hurdle from me because I studied in my native Belgium and have been based in Quebec, both of which have a similar legal system to that of Spain and Portugal (civil law).As to regulations, in Spain, it's a matter of investing in the areas and type of properties that are least affected.

Since this will be a vacation rental that your family wants to enjoy, I would focus on STR for high season & the seasons you want to stay and MTR the rest of the year. 

Outdoor experience: Even the smallest of yards can make an impact for tenant enjoyment.3.

I am an investor in Cincinnati (not an agent/realtor), a native Cincinnatian and enjoy talking with anyone interested in the area.

Happy to answer any questions on it, I’ve really enjoyed it.  

I’m especially interested in sale-leasebacks, development opportunities, and multifamily investments, but I also enjoy collaborating on creative strategies that bring long-term value to both investors and communities.I joined BiggerPockets to connect with like-minded investors and entrepreneurs, share insights, and hopefully learn from the experience others have had in building portfolios and scaling businesses.Looking forward to contributing and getting to know you all!