In-resort prices for the Costa del Sol have dropped, meaning holiday spend for British holidaymakers choosing the Spanish region will stretch further this summer, according to Post Office Travel Money…

The Post Office’s Worldwide Holiday Costs Barometer compares local prices from 44 destinations for staple tourist items, including meals, drinks and toiletries.

In the Costa del Sol, the average price for a basket of staple goods is £38.79, 3 per cent lower than last year, putting the region in third place.

Portugal’s Algarve tops the chart for the second year running with a barometer total of £33.36 – a manageable £4 more than a year ago.

In Portugal’s local currency the euro, the price of an evening meal for two with wine – the biggest single cost in the barometer basket – is down almost 5 per cent year-on-year in the Algarve.

Runner-up Sunny Beach, Bulgaria (£33.53) is just a few pence behind the Algarve, with a 1.5 per cent fall in local prices.

Elsewhere in Europe, Marmaris, Turkey (£49.74, fourth), Prague (£51.17, fifth), Budapest (£53.18, seventh) and Corfu (£63.54, 10th) have retained their top 10 places, while Paphos, this year’s European Capital of Culture, (£53.03) has risen to sixth place, its highest position so far.

Completing the European line-up in ninth place is Sliema, Malta (£62.62), one of two new top 10 entrants.

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