Have you decided you want to save some money this year and are looking for a cheap holiday destination? We are here to land you a helping hand. We have compiled a list of the best cheap travel destinations around the globe for those who plan on having a budget holiday in 2018.

Albufeira, Portugal

Albufeira is an ideal spot for those looking for a cheap sun-soaked vacation. It’s located in the southern Portugal’s Algarve region and is endowed with marvelous beaches, affordable hotels and nice weather. Lively and energetic, The Strip and especially Avenida Francisco Sá Carneiro is an area that mostly attracts young people. Meanwhile, the Old Town in the city center charms tourists with traditional Portuguese streets and plazas.

Foodies and party lovers should know that there are over 100 bars, restaurants and clubs in Albufeira with quite decent prices. Moreover, tourist have easy access to nearby places like Portimao, Sao Vicente Cape in Sagres, Loulé market, Vilamoura marina, and cities such as Vila Real and Lagos.

Bangkok, Thailand

One of the most affordable places to travel to this year is Thailand, a country which has many points in its favor. First of all, it’s the wide flight selection at very low fares, both to the capital city of Bangkok and to other cities. And if you plan ahead, you can find the best deals. Secondly, the hotels offer the best value for money in the world (an average of £103 for a five-star hotel, just to make an idea).

Bangkok appeals to very diverse types of tourists as it has something for everyone: dynamic city life, rich historical and cultural attractions, plethora of shopping venues, an energetic nightlife, and all of it at an affordable price.

Istanbul, Turkey

In Europe, Turkey is one of the most visited countries, and that’s because it offers excellent value for money in all aspects of tourism. Hotel prices in the country have dropped a little following the terrorist attacks in 2016, but tourism has started to recover now.

It’s also cheap to get there, as airfares are great value. For example, a return from London in April cost just £100.

Pamporovo, Bulgaria

Now let’s talk about a good place for winter and winter sports lovers. The best-value holiday in this respect will take you to Pamporovo in Bulgaria. With a ski area that boasts 36km of slopes and 13 lifts, the ski resort is one of the best-known in Southeastern Europe and is perfect for both novices and advanced skiers. Though it’s more crowded in winter, the family-friendly resort is popular in summer, too.

Santa Fe, New Mexico

As for cheap places to visit in the United States, one of the most affordable is Santa Fe in New Mexico. It’s a place surrounded by natural beauty and appeals to nature lovers and adventure seekers. Tourists will surely not get bored here, as they have a huge selection of restaurants, art galleries, shops and fairs to keep them entertained. Winter rates at a luxury hotel like La Posada de Santa Fe start at $99 per night, which is a real bargain.