Spain declared best value winter travel destination

Spain's sunny southern coast

The Iberian penninsula offers some of the best travel deals this winter, with the Costa del Sol offering the best bargain but the Algarve not far behind

The UK's Post Office has found that the Costa del Sol in Andalusia, Spain provides the best value for money this winter. The Algarve coast of neighboring Portugal came in third. Bali, Indonesia was sandwiched in between at number two.

In a new Winter Sunshine Report barometer of 18 destinations in Europe and further afield, Post Office Travel Money found the Costa del Sol cheapest for a bargain break.  The cost of eight tourist staples, including a family meal, drinks, suncream and insect repellent, was just �44 ($71 / �55).  Bali (�47 / $76 / �59) just beat out Portugal�s Algarve  (�48 / $77 / �60) for the runner-up bargain spot.

Winter vacationers looking for more guaranteed winter sun in Europe will find great value on Tenerife in Spain's Canary Islands at �58 ($93 / �73) for the eight items and Ayia Napa in Cyprus at �60 ($96 / �76).  According to the Post Office, local prices in the four eurozone destinations above are either level with last year or slightly cheaper.