I think your calculations are a missing a bit here gnf. If you're looking at travelling over for 4 different times during the year this would cost quite a bit in airfare (assuming a family of 5 this could be in the region of 4K in total). So that would mean a cost of 1400 a week, not 600. If I compare that with a holiday in a rented apartment it's not much different tbh. I can get a 2 week holiday in the peak of the summer period for a family of 5, including flights, for around 2500 (so 1250 a week). As others on this thread have shown, having your own place abroad would make you feel that you have to keep going back as often as possible to make it all feel justified - which for children will most likely lead to them feeling negative towards the place. Alistair, in terms of your post, as pointed out by Leo, you're not comparing like with like at all. You should be comparing an apartment/holiday home rental with owning one. As some have pointed out on this thread, with AirBnB and other similar websites, it has never been easier to search for accommodation abroad and compare prices, amenties, location, etc. Personally I would see no good reason for wanting to buy and tie yourself to one spot (not to mention the huge financial commitment that would involve).