Analysis by Post Office Travel Money found prices for eight items typically bought by tourists are cheaper in Portugal’s Algarve region than in 46 other popular destinations across the world.
Prices include £1.27 for a cup of filter coffee in a cafe or bar, £5.08 for a 200ml bottle of suncream and £40.33 for a three-course evening meal for two with a bottle of house wine.
Prices in New York City, the most expensive destination analysed, are £3.77 for coffee, £8.14 for suncream and £128.27 for an evening meal.
@oliviajanemcdonald saved the best till last!! Algarve region in Portugal is now one of my favorite spots in the world (and thats saying something!) 🇵🇹🌊 #portugal #algarve #lagos #portugaltravel #paradise ♬ Welcome Home, Son (Remastered) – Radical Face
Overall, prices for UK visitors to the Algarve are 1.6% lower than a year ago which was attributed to the low cost of meals and drinks and the 1.8% year-on-year growth of sterling against the euro.
Half of the destinations analysed saw prices decrease with the sharpest fall (26.5%) being in the Dominican Republic.
After the Algarve, long-haul locations take the next five spots for the cheapest locations. They are led by Cape Town in South Africa, Tokyo in Japan and Bali in Indonesia.
@uniquetravelclub FULL CAPE TOWN ITINERARY 👇🏼 Save for later!🧡 BEACHES ⛱️ • Clifton 3rd+4th • Camps Bay • Llandudno Beach • Muizenberg Beach • Bakoven Beach • Noordhoek • Fish Hoek • Buffels Bay Beach CAFÉS/BREAKFAST ☕️🥑 • Pauline’s – Sea Point & Green Point • Arthur’s Mini Super • Norfolk Deli • Our Local • Platō Coffee – Sea Point • Naked coffee • Nourish’d Café & Juicery • The Strangers Club • Molten Toffee • The Ladder • Rosetta Roastery Cafe (Bree Street) DINNER 🍝🍸 • Ariel Modern Italian • The Cousins Trattoria – favorite pasta • The Lawns at the Roundhouse – sunset spot • Utopia Rooftop – best views • CLUB KLOOF • Lievita Cape Town • Asoka Restaurant, Bar and Lounge • Zuney Wagyu Burgers • Kloof Street House • Pizza Shed Bree – favorite pizza • Maria’s Greek Café • Scala Pasta / Bar • El Burro Greenpoint BARS 🍾🥂 • Tjing Tjing House (Rooftop Bar, Torii Restaurant, Momiji Restaurant & Lounge) • Aperitif • fable • The Gin Bar • Yours Truly • The Attic by Bo-Vine – hidden gem TO DO 🏄🏼♀️🥾 • Hike Lion‘s Head at sunset or sunrise • Hike Table Mountain- start at Platteklip Gorge Starting Point • Surfing • Paragliding • Spend a morning in Kalk By – cute shops and cafés • Kirstenbosch Botanical Garden • Swim with penguins at Boulders Beach • Visit several markets like The Neighbourgoods Market or Oranjezicht City Farm Market WHERE TO STAY 🛌 • The Rest Factory • CUBE Guesthouse • Pineapple Boutique Hotel • Hotel Lola • Cloud 9 – nice rooftop bar • NOAH Guesthouse DAY TRIPS 🚘 • Franschhoek & Stellenbosch for wine tasting • Langebaan Lagoon • Cape Point • Hermanus There are so many more things to do and see, so stay tuned for my FULL CAPE TOWN GUIDE 🧡 #capetown #capetownsouthafrica #capetownitinerary #travel #fyp #viral #traveltiktok @Cape Town Tourism ♬ Unwritten x New York by ALTÉGO – ALTÉGO
Laura Plunkett, head of travel money at Post Office, said: “It’s interesting to see the Algarve back at the top of the barometer chart again and this is largely down to the remarkable consistency in its low prices for meals and drinks.
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“Even though the Algarve has featured in the best value top 10 since 2010, it has struggled to match the cheapest long-haul destinations on price in recent years.
“Now prices have risen in its closest competitors but remained low in Portugal.
“This makes the Algarve a great choice for holidaymakers who want to keep their holiday spending to a minimum.”
