Going on holiday can seriously impact on your wallet, with essentials such as food and drink often proving costly during your sunshine getaway.

With this in mind, we decided to take a look at some of the destinations where you don’t have to break the bank to have a fabulous time.

The Caribbean is famed for holidays costing eye-watering prices, with the islands long known for being the destination of choice for the super-rich. However, it appears the Dominican Republic is starting to buck that trend.

The main resort of Punta Cana even came out on top for the Americas/Caribbean in the 2018 Post Office Holiday Money Report.

With the report revealing that water costs around 17p a bottle, cola significantly cheaper than nearby USA and alcoholic drinks more than reasonable, the Dominican Republic offers idyllic Caribbean beaches without the usual high price tag.

As for the exchange rate, well, despite Brexit negotiations trying their hardest to ruin the value of the pound against almost every currency, the Dominican Peso has stayed roughly the same over the years.

Barely a list of bargain breaks goes by without Benidorm featuring.

However, once you arrive, you’ll soon see why this is the destination choice for so many money-savvy Brits. In fact, 7.5 per cent of the Benidorm’s residents even hail from the UK.

Drinks offers are aplenty, with some prices cheaper than even the supermarkets, as bars and clubs battle it out for your custom.

The accommodation is also very reasonable, no matter what time of year you stay.

It’s easy to forget Portugal when Spain so often tops the popularity charts for Brits abroad.

However, this picturesque destination actually offers some of the best value holidays in Europe.

None more so than the Algarve, on the southern coast of Portugal.

According to the Post Office’s findings in 2018, on average, a three-course evening meal for two including a house bottle of wine came in at just £30.03!

Not only is it friendly on the pocket, but the Algarve has a collection of stunning beaches and cliffs. With prices as low as they are, it’s amazing how this gem continues to go under the cheap holiday radar.

Marmaris has always been a bargain destination, with 5-star hotels averaging at £47 a night.

However, with the collapse of the Turkish Lira, it’s now one of the most wallet-friendly destinations on the planet.

Flights have dropped significantly to nearby Dalaman Airport, with prices for everyday items the cheapest they have been in years.

Where else could you get 5-star luxury for 2 and 3-star prices? Marmaris wins hands down in this department.

Why not swap the sunny beaches of Spain for Sunny Beach in Bulgaria?

Located on the Black Sea coast, this is a resort that blows all the others out the water when it comes to stretching the pounds.

For years, Sunny Beach has been the go-to destination for Bulgarians in search of some sun, but it now welcomes visitors from all over the world.

And with an influx of holidaymakers, comes the battle to offer the best and cheapest drinks, food and even accommodation.

Local beers and wine here rarely go over the £1 mark, with some even offering happy hours!

If you’re looking for a budget break, then there’s only one winner – Sunny Beach!

**Here at Holiday Gems, we offer a range of great value holidays to an array of fabulous destinations. Check out our website and start planning your dream getaway today. **