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Brainstorming about buying a flat somewhere in Europe...

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Okay I know, very broad question, but at this point it's just a thought. And I can't watch House Hunters International from where I am :( so I need help!

Let's just say, "hypothetically," that one has approx 125,000 euro, give or take, to purchase a small, modest apartment in western or central Europe. The idea would be to live there part time and rent it out, probably to tourists when possible.

Some considerations are: needs to be in a walkable city/town (not looking for small remote village) where no car is necessary to either get there or get around; a city with character/historic appeal, needs to be in a location where tourists would want to rent, should be in a city convenient to an airport, must be in a regular neighborhood, not a holiday complex. Oh, and needs to be in a country where US citizens can purchase property!

Has anyone here done such house hunting during your travels, or remember such an episode on House Hunters? Is this price range/wish list anywhere near reality? Thanks for any opinions!

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