Wednesday, 15 February 2017

Study Finds Costa del Sol Holiday Costs to Fall in 2017

Study Finds Costa del Sol Holiday Costs to Fall in 2017

The demand for the Costa del Sol continues
even if prices drop slightly

The latest Post Office Worldwide Holiday Costs Barometer suggests that the average price on a basket of “holiday goods” will fall by around 3% in the Costa del Sol during 2017. This annual Barometer looks at the average prices of holiday essentials like sunscreen, beer, wine, dining out, ice cream, and toiletries in 44 of the most popular tourist destinations in the world.

2017 is going to see the main resorts of the Costa del Sol be a little cheaper compared to last year, meaning that holidaymakers will be able to stretch their euros and pounds a little further.

It’s expected that the cheapest destination in 2017 will be Algarve in Portugal; where it will only cost you £33.36 to pick up a basket of these staple goods. This is a price drop of £4 compared to last year.

A basket of holiday goods in the Costa del Sol will cost £38.79, putting Spain in third place behind Sunny Beach in Bulgaria at £33.53. There aren’t any other destinations below this £40 threshold. In fact, the fourth cheapest resort – Marmaris in Turkey – could cost up to £49.74 for a basket of holiday goods.

Andrew Brown of the Post Office Travel Money said that holidaymakers can’t do much about the value of the sterling, but they can still do their homework and travel to places where the costs are low on things such as meals and drinks.

Europe is going to be one of the best places for value this year as nine of the ten cheapest destinations can be found in the continent. The Post Office also found that local prices fell in half of the European cities and resorts surveyed; further increasing the value of European destinations.