Bourgas in Bulgaria has been revealed as the cheapest European destination for a five-star holiday suited to a family getaway, according to new research. In the Bourgas region, which is home to long stretches of coastline and historical sites, the average price for a package holiday was found to be £776. At this price, Travel Supermarket’s Cheap Holiday Index Platform (CHIPs) found that holidaymakers could enjoy a five-star week-long break, including one meal and a day out to a local attraction for one person.

In comparison, a three-star break in Larnaca, Cyprus , would cost £828. The stay in Bulgaria would also be £1,000 cheaper than a family holiday to the Costa del Sol in Spain. Egypt comes in second place on the index, with a five-star stay costing an average of £795 per person for a week.

A seven-night stay in Malta would cost an average of £818 for that five-star experience – both of which are still under the price for three-star accommodation in Larnaca. If a trip to Turkey is on your bucket list, a five-star package holiday in Dalaman would only cost £833 per person on average, just £5 more than Larnaca’s three-star hotels. The Algarve in Portugal comes in at £985 per person, while Costa Dorada is an affordable option in Spain with prices settling just under the £1,000 mark at £996 per person.

Rounding out the top ten cheapest five-star package holidays are four destinations just creeping over the £1,000 per person barrier: a Crete stay averages at £.