Turkey and Bulgaria are 2022’s cheapest destinations – sterling price giving Brits boost

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A 37 per cent fall in prices makes Turkey the cheapest of 36 destinations surveyed in a global barometer of tourist costs. However, more people are buying the Bulgarian lev as bargain-seeking holidaymakers head to the country’s Black Sea resorts.

Sales of the currency at Post Office Travel Money, which accounts for one-in-four UK currency transactions, currently outstrip those of the Turkish lira by nearly 14 per cent.

As a result, the lev has leapt into the top 10 best-selling currencies for 2022 in 10th place, three ahead of the Turkish lira in 13th position.

The collapse of the Turkish lira has helped Marmaris to edge past Sunny Beach, Bulgaria for the first time and take top spot in the 16th annual survey of costs for eight tourist staples.

A three-course evening meal for two with wine, bottle of beer, glass of wine, can of Coca-Cola, large bottle of water, cup of coffee, sunscreen and insect repellent costs £26.13.

Bulgaria is only a few pence more expensive at £26.19, according to the Post Office Holiday Money Report.

Soaring sales for long haul currencies led by the Mexican peso and Caribbean currencies suggest Britons will be travelling further afield for the first time since the start of the Covid-19 pandemic two years ago.

Sales of the Mexican currency, the peso, are 45 per cent higher than in 2020’s pre-pandemic period.

However, sterling’s strength against European currencies means tourists will get more for their money closer to home.

The findings were released yesterday (FRI) after remaining Covid travel measures were axed.

The euro and the US dollar remain the Post Office’s best-selling currencies in 2022, in first and second place respectively.

Euro currency sales are also surging and are now just 23.7 per cent behind their early 2020 number before Covid-19 struck.

Eurozone resorts are also looking good value, taking five of the top 10 barometer places.

The Algarve (£44.39 for the tourist staples) remains cheapest in third place, with costs 25 per cent lower than in sixth-placed Costa del Sol (£59.56, down 2.2 per cent).

However, Cyprus has overtaken the Spanish favourite to take fifth place after recording a steep price fall of over 15 per cent to £56.44 in Paphos.

Malta (9th ) has also made the top 10 with a 5.8 per cent drop in barometer costs in Sliema (£65.35).

Eighth-placed Madeira (£64.05) was the only top 10 destination to show a price increase, albeit of just 3.4 per cent.

Cape Town, South Africa remains best value for long haul holidaymakers and retains fourth place after registering a 1.6 per cent price fall to £53.23.

A larger fall of 5.9 per cent helped Mombasa, Kenya (£61.30) to jump five places to seventh in the table.

Even though sterling has lost ground against the US dollar since last year, Orlando, Florida (10th) has entered the rankings for the first time after prices fell 10.1 per cent year-on-year to £67.01.

And those families visiting Disney World and the other famous theme parks will find prices around 22 per cent lower than their pre-Covid 19 rates.

Nick Boden, Post Office head of travel money, said: “The buoyancy of sterling is welcome news as Britons get set to book holidays abroad.

“But, to get the most for their money, they should not only pick destinations where sterling is performing well but also where the cost of meals, drinks and other tourist staples is low.

“There is plenty of choice – in Europe, Turkey and Bulgaria are ‘best buys’ but further afield it will be worth considering Thailand or Mauritius.”

Price breakdown by country and resort area

1 – TURKEY Marmaris – Cup of filter coffee Café/bar £0.59

Bottle of local beer/lager (330ml) Café/bar £1.54  

Bottle/can of Coca-Cola/Pepsi (330ml) Café/bar £0.61

Glass of wine (175ml) Café/bar £1.84

1.5l bottle of mineral water Supermarket £0.08

Suncream (200ml SPF15) Supermarket £4.31

Insect repellent (50ml) Supermarket £1.14

Three course evening meal for two (including bottle of house wine) £16.02

Total cost £26.13

2 – BULGARIA – Sunny Beach Cup of filter coffee Café/bar £0.58  

Bottle of local beer/lager (330ml) Café/bar £0.45

Bottle/can of Coca-Cola/Pepsi (330ml) Café/bar £0.58  

Glass of wine (175ml) Café/bar £1.12

1.5l bottle of mineral water Supermarket £0.36

Suncream (200ml SPF15) Supermarket £2.24

Insect repellent (50ml) Supermarket £1.35

Three course evening meal for two (including bottle of house wine)  £19.51

Total cost £26.19

3 – PORTUGAL Algarve – Cup of filter coffee Café/bar £0.59  

Bottle of local beer/lager (330ml) Café/bar £1.02  

Bottle/can of Coca-Cola/Pepsi (330ml) Café/bar £1.27

Glass of wine (175ml) Café/bar £1.06

1.5l bottle of mineral water Supermarket £0.42

Suncream (200ml SPF15) Supermarket £5.93

Insect repellent (50ml) Supermarket £4.90

Three course evening meal for two (including bottle of house wine)  £29.20

Total cost £44.39

4 – SOUTH AFRICA Cape Town – Cup of filter coffee Café/bar  £1.55  

Bottle of local beer/lager (330ml) Café/bar  £1.71

Bottle/can of Coca-Cola/Pepsi (330ml) Café/bar £1.45

Glass of wine (175ml) Café/bar £3.37

1.5l bottle of mineral water Supermarket £0.72

Suncream (200ml SPF15) Supermarket £5.18

Insect repellent (50ml) Supermarket £2.07

Three course evening meal for two (including bottle of house wine) £37.18

Total cost £53.23

5 – CYPRUS Paphos – Cup of filter coffee Café/bar £2.03

Bottle of local beer/lager (330ml) Café/bar £2.29

Bottle/can of Coca-Cola/Pepsi (330ml) Café/bar £1.78

Glass of wine (175ml) Café/bar £2.71

1.5l bottle of mineral water Supermarket £0.23

Suncream (200ml SPF15) Supermarket £5.92

Insect repellent (50ml) Supermarket  £3.22

Three course evening meal for two (including bottle of house wine) £38.26

Total cost £56.44

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