Four of the best low cost holiday destinations

When you’re looking for a truly affordable holiday, booking a cheap flight is just the beginning. Add in accommodation and food – plus all the little things that make a good holiday great – and your budget could soon be bigger than you bargained for.

Package deals are one solution. But even if you go down the all-inclusive route, picking a true budget destination is a sure-fire way to keep your spending on incidentals and extras down. (So you can then splash out on the things you really want!)

What are your favourite low cost destinations? Tell us in the comments below

But if you’re looking for a bargain this summer, you needn’t go far. Prices are getting competitive in a whole range of sunny destinations on our doorstep, as economic downturn affects some members of the Euro zone. Here are some of the cheapest destinations right now:

Portugal

Portugal Algarve

Sunshine, stonking beaches and low, low prices: what’s not to love about Portugal’s Algarve? Economic woes have seen prices there drop by about 15%, so now is a good time to go and shake off those bad-weather blues.

Cyprus

Cyprus - roman pillars and flowers

Up until recently, the cost of travelling to this up-and-coming destination seemed to be climbing ever higher, especially after Cyprus joined the Euro. But all that has changed since the economic crisis intensified in Cyprus this year, prompting one holiday operator to tell the Guardian: “What we are going to see, after the initial shock, is that prices will start to come down.” Who knows: Cyprus could soon be competing with Spain, Turkey and Portugal on price.

Spain

costa del sol view of white town

This ever-affordable destination just got cheaper, as prices are down by about 20%. In fact, Spain’s Costa Del Sol tied with southwest Sri Lanka to come cheapest out of 40 popular resorts worldwide for meals, drinks and everyday items, according to the Post Office holiday cost barometer for 2013. No wonder we Brits love it!

Greece

greek islands view

Being one of the world’s must-see cultural destinations, Greece has traditionally been on the slightly pricier side. Based on costs in January 2013, the Post Office poll of cheap destinations put Greece at number 14 behind Spain (number one), Portugal (number seven) and Cyprus (number 12). However, the Post Office research also showed that costs in Greece have dropped since 2012, and now economic turmoil is taking its toll on prices there, too. According to a New York Times travel report, travellers to Greece can now secure “discounts of up to 20 percent on hotels in major cities and on Greece’s stunning islands”. The report goes on to quote Xenophon Petropoulos, a spokesman for the Association of Greek Tourism Enterprises, who says that the “value-to-price ratio is excellent at the moment”.

What are your favourite low cost destinations? Tell us in the comments below

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About the Author: Jessica

Jessica is a passionate traveller and regular contributor to the Monarch blog.

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