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This region of Europe has been recognized as one of the cheapest vacation destinations in the world. In 2023, the best beaches were found there

The European province has been recognized as one of the cheapest in the world for vacations

The Algarve province in the south of Portugal has been awarded the status of the most favorable vacation destination in Europe. The region is one of the five cheapest vacation destinations in the world, which will allow you to save a considerable budget. Last year, this paradise was recognized as the best beach destination in Europe.

Post Office Travel Money has published an annual report, according to which the Algarve province took 5th place, which was determined by the best value for money as of 2024.

The report noted that a cup of filter coffee will cost 88p, a bottle of local beer - £2.20, and a glass of wine - £1.76. In particular, three meals a day per person with a bottle of home-made wine will cost £39.52. According to Metro, this is less than half the cost of the same set in popular tourist resorts such as Nice in France or Cancun in Mexico.

As we noted, in 2023, the beaches of the Algarve province were recognized as the best for recreation thanks to its 200-kilometer coastline. In total, this region contains 88 suitable places, among which every tourist will find something to their liking: from golden sand to rocky bays.

Dolphin watching excursions and sunset cruises are popular ways to relax in the Algarve. Among other activities, the area offers a walk through the historic city of Faro, visits to the Zoomarine and Slide & Splash water parks, and tasting local alcoholic beverages.

The cheapest vacation destinations in the world:

  1. Hoi An, Vietnam
  2. Cape Town, South Africa
  3. Mombasa, Kenya
  4. Tokyo, Japan
  5. Algarve, Portugal
  6. Sharm el-Sheikh, Egypt
  7. Sunny Beach, Bulgaria
  8. Kuta, Bali
  9. Marmaris, Turkey
  10. Paphos, Cyprus
  11. Penang, Malaysia
  12. Phuket, Thailand
  13. Delhi, India
  14. Costa del Sol, Spain
  15. Montego Bay, Jamaica

The rating is topped by Hoi An in Vietnam with a vacation cost (excluding housing prices) of £51.18. Next in the top 5: Cape Town in South Africa, Mombasa in Kenya, and Tokyo in Japan. According to the source, in Vietnam the exchange rate fell significantly and local prices decreased by 14.4%, which was the reason for the "victory" in the ranking.

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