Portugal Holidays Offer Best Value For Money In Europe, UK Study Finds
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Portugal has so much to offer tourists, as well as the fantastic beaches, amazing scenery and friendly locals. This incredible country has just been voted the best value for money tourist destination in Europe. The post office in the UK launched their holiday money report, and found Portugal remained excellent value for money, regardless of your budget. If you are very clever with your spending money you will be able to have a great vacation on a shoestring budget, and another great reason to buy portugal property.
The information found in the report outlined some very interesting changes in the travel market. Although Spain remained a firm favorite, Portugal became the best where value for money was concerned. These figures have been influenced by the steady rise in the sterling against the euro, and the cost in resorts being lowered. The price of many items in the resort supermarkets, shops and bars have fallen over the last year with baskets of goods proving to be over half the price they were in the previous year.
Alongside the great value hotels and flights, this will encourage visitors to return to this popular vacation destination. Not only does the county want the returning visitors, but to also attract new tourists who have never experienced Portugal before. The Algarve was concerned that UK visitor numbers were beginning to fall with the Euro being so weak. However, small price drops throughout every area have persuaded UK visitors to return.
The bars and restaurants in the resorts appreciated that they had to perform some drastic measures to encourage tourists to return, spending their hard earned cash when visiting. Price wars and bargains have become a normal occurrence amongst the local businesses. With all of them hoping to get their share of tourists through the doors. Although the businesses have suffered over the last few years because of the decline in tourists, with the euro making progress, things are looking up.
Tourism is a huge part of Portugal, and without it the country would suffer great hardships. The government appreciates how important great value for money is to the tourists who visit. Improvements and price cuts are continuing to be made, so that more people are encouraged to visit Portugal. Although it is always fantastic to have new people exploring what Portugal has to offer, returning visitors are as important. If you are happy with a destination you will tend to keep using it for several years.
The Far East and long haul vacation destinations have begun to feel the pinch; with the slide in sterling these once cheap countries are in fact not so cheap. Tourists wanting to travel further afield will be paying more this year than ever before. Many people are still concerned about the financial situation at home. Everyone is looking for affordable, great value for money vacation destinations. Portugal is able to fit the bill and provide everything you could possibly want from a vacation. With this great country being promoted expertly and the holiday companies appreciating what people are looking for this year, it should be an amazing year for everyone in Portugal, proving that it has what it takes to be the perfect vacation hotspot.
Here at PortugalProperty.com we have the largest selection of Portugal Property. You will find a huge selection of Algarve property and Silver Coast property as well as property throughout Lisbon and the Lisbon Coast. For more info contact the Portugal Property team via email at info@portugalproperty.com or call free on 0800 014 8201.
Published in: Money