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Costa lot less! Holidays in Spain on the rise as prices at resorts drop by 40%

Spain could attract a new wave of British holidaymakers following evidence that resort prices have crashed by as much as 40 per cent compared to five years ago.

A fall in local prices on everything from a restaurant meal to suncream has combined with the fact that the pound is at a two year high against the euro to make the Costas more affordable.

The claims come from an annual survey conducted by the Post Office, which measures the prices of eight items in resorts across 33 destinations around the world.

Spain comes out as the second cheapest destination with a price of £37.72 for the eight items, while Sri Lanka, which has seen serious political unrest, was the best value at just £27.95.

At the other end of the scale was Australia at a staggering £115.69 for the same items, together with Barbados, Singapore and New Zealand.

The number of visits by Britons to Spain has slumped by more than three million over the past five years, coming down to less than 10.5million.

High prices, the cost of living squeeze and a desire among Britons to try new and more exotic locations have all played their part in the fall.

However, the Post Office research suggests Spain will now become more attractive, particularly at a time when people are desperate to save money.

The firm’s Holiday Money Report concluded: ‘Resort prices in the Costa del Sol are now 40per cent lower than five years ago, when we conducted the first price barometer.

‘The cheaper cost of travel to Spain will make it a compelling choice for bargain hunters. So does the rising value of the UK pound – up 6.4 per cent against the euro in the past three months.’

The eight items included in the price comparison are a cup of coffee in a bar or café; a bottle of local beer; a can of Coca-Cola; a 1.5 litre bottle of mineral water from a supermarket; a bottle of suncream; insect repellent; a pack of cigarettes; and a three course evening meal for two adults, including a bottle of house wine.

The fact that the selection of items is small, while they are not bought from exactly the same outlet every year, suggests the figures can be skewed. However, they give a general indication of the shift in prices.

The researchers found resort prices have risen in two-thirds of the destinations it surveyed. The biggest rises were recorded in Kenya, where the basket was 52 per cent more expensive than a year ago, and Portugal, where the increase found was 39 per cent.

However, the report found that sterling is stronger against 29 other major currencies than a year ago, which should help offset higher resort prices.

Turkey has seen a tourism boom in recent years on the basis of its perception as a cheap option. This year, it only placed 17th in terms of the cheapest option, while it was 60per cent more expensive than Spain.

The Post Office head of travel money, Sarah Munro, said: ‘Given that sterling is worth around 20 per cent more than a year ago against the Turkish lira, we expected to see a lower barometer cost for Turkey, especially as the country had a disappointing 2011.

‘However, we were surprised to find that local costs have actually risen by 21 per cent and it is only the strong sterling exchange rate that is masking that increase.

‘It will be interesting to see how Turkish resorts respond to the challenge presented by Spain and Portugal. With Greek tourism also facing a fight for survival, we could see a price war  between the eastern and western Med in 2012.’

Italy came out as the most expensive European destination with the basket of items costing £89.03.

Miss Munro said: ‘The message that came out clearly from our holiday budgeting research was that 2012 will be all about affordability.  Holidays may still be a priority but they are not a necessity and people will not knowingly get into debt to fund them.

‘The winning destinations will be those that offer good value not just for flights and accommodation, but for tourist staples like meals out and drinks.”

‘However, it will pay people to keep a watchful eye on exchange rate movements as well as considering easy ways to save money.’

We are pleased to announce our new office opening from next week (Monday 28th February).
The new address is:
Inspirations Mantenimiento SL
C/Califa, Local 1, Bloque C, Urb. Las Lolas, 29660 Nueva Andalucia
The phone number remains +34951319332
The new office is situated below the Pasta Caffe (close to the bull-ring) in Nueva Andalucia

We can be found here:
http://tinyurl.com/6habrpo

We have provided here some useful Marbella information with emergency numbers, transportation and general tourist contacts for your stay on the Costa. 

Emergency Numbers

• Marbella	951 976 669
  Benalmadena/Fuengirola	902 505 061
  Torremolinos	952 386 484
  Malaga	951 290 000

Local Police	092
National Police	091
Civil Guard	062
Fire Brigade	080
Ambulance	061
State Hospitals

How to report crime in Marbella
Check out some reviews of Marbella Hospitals here.

Consulates

British	952 352 300
U.S.A.	952 474 891
Ireland	952 475 108
Germany	952 212 442
France	952 226 590
Sweden	952 604 383
Denmark	952 226 373

Tourist Information

Antequera	952 702 505
Benalmadena	952 442 494
Coin	952 822 818
Estepona	952 822 818
Fuegirola	952 467 457
Gibraltar	0350 774 982
Malaga	952 213 445
Marbella	952 771 442
Mijas	952 485 900
Nerja	952 521 531
San Pedro de Alcantara	952 785 252
Torremolinos	952 374 231

Transport

Airports

Malaga	952 048 844
Gibraltar	00350 73026

Taxis

Benalmadena	952 441 545
Estepona	952 802 900
Fuengirola	952 471 000
Gibraltar	00350 70027
Malaga	952 327 950
Marbella	952 774 488
Mijas Costa	952 476 593

Bus Stations

Portillo Customer Service	902 143 144	Timetable & Prices
Algeciras	956 654 304
Alhaurin	952 490 709
Benalmadena	952 443 563
Coin	952 450 366
Estepona	952 802 954
Fuengirola	952 475 066
La Linea	952 172 396
Malaga	953 350 061
Marbella	952 764 400
San Pedro	952 781 396
Torremolinos	952 380 965

Information on local bus service to La Cañada Shopping Mall in Marbella

How to pass the ITV (MOD or DMV equivalent for Spain) test in Marbella.
Train Stations

Coastal service stops at every major town between Fuengirola and Malaga from 6:45am to 10:30pm from Malaga

Taxi fares in Malaga are the highest in the region of Andalucia according to a study carried out by the Malaga Municipal Taxi Institute.
The average price of a taxi ride in the city is €7.58, which makes hiring a car or taking an inclusive transfer service a much cheaper option when you arrive at Malaga Airport.

We have heard from some clients that a trip from Malaga airport to the Marbella area can be very expensive and stressful.

See our posts Insp!Marbella dedicated transfer service or Car hire info & booking in our important documents & advice sections of our news pages.