RESORT prices in Bulgaria are among the cheapest across Europe, while costs in Italy and inflation-hit Turkey have soared, a study by Post Office Travel Money has shown.
Sunny Beach in Bulgaria emerges as the best value of 14 European resorts surveyed. Prices there have fallen for the second year running and at £37.39 the barometer basket of tourist staples – lunch and evening meals, drinks, suncream, insect repellent and a daily newspaper – now costs 28% less than two years ago.
But the biggest price falls over the past year have been in the Algarve, Portugal. This has been helped by continuing strength of the pound against the euro. A fall in the cost of eating out contributed to a 22% drop in the price of typical tourist purchases, making the Algarve 8% cheaper than third-placed Costa del Sol.
Prices remain high in Italy, with Sorrento being the most expensive of the 14 resorts surveyed. Rising prices have offset the benefit of the powerful pound.
Successive Post Office reports have noted price cuts in Cyrus, and the latest barometer reveals a fall of 12.1% since last spring in Paphos and more than 30% compared with 2013. As a result, Cyprus is the fourth best value destination overall and best value in the eastern Mediterranean.
The Greek Islands are also offering good value with Crete and Corfu showing price falls of 14.1% and 19.7% respectively.
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Picture Credit: Bulgaria-Sunny Beach- by www.vacacionesbulgaria.com - Own work. Licensed under GFDL via Wikimedia Commons
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