Want to go on an exotic vacation but think it’s way out of your price range? Think again, these cheap vacations are no doubt exotic, offering breathtaking scenery along with a host of things to see and do. From the Caribbean to Europe, South America, Asia and beyond, these destinations offer some of the cheapest, yet incredibly rewarding vacations you can take.

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Punta Cana, Dominican Republic Playa Rincon, Dominican Republic
Playa Rincon, Dominican Republic

Punta Cana, Dominican Republic (Hotel Prices & Photos)

As the Dominican Republic is home to many huge beach properties, the result is some of the most competitive rates in the entire Caribbean region. Punta Cana, on the country’s east coast, is renowned for its glorious beaches, outstanding golf and variety of hotels, from budget-friendly to upscale. A stay here means easy access to water adventures that won’t cost a thing – just grab your snorkeling gear and swim among the colorful fish and coral reefs. Here it’s easy to find the perfect setting for a dream vacation without shelling out and arm and a leg.

Thailand Chiang Mai, Thailand
Credit: bigstock.com
Chiang Mai, Thailand

Thailand (Hotel Prices & Photos)

While the touristy beach areas in the southern region of Thailand like Krabi and Phuket tend to be expensive, by heading north on the overnight train from Bangkok to Chiang Mai, you’ll not only enjoy a more authentic experience, but cheap accommodation, a more relaxed vibe, magnificent mountains and vibrant hill tribes. One of the best travel values around, comfortable and private rooms can be had for less than $10 a night. This historic former capital is also home to many temples, and you can enjoy cheap multi-trips to nearby forests and other temples too.

Panama snorkeling in Panama
snorkeling in Panama

Panama (Hotel Prices & Photos)

Panama is one of those less-visited places where you can enjoy plenty of warm weather, sunshine and beaches, yet accommodation can be had for only around $40 a night. It will cost you a bit more to get there due to the lesser demand, but unlike high-traffic, exotic destinations like Cancun, once you’re there, you’ll save big, and you won’t be caught up in thick tourist crowds. Bocas del Toro, located on the northwestern Caribbean coast, is an archipelago of nine tropical islands where you’ll find some of the best scuba diving and surf breaks in the country. The orange-tiled roofs and Spanish colonial architecture of old town Panama City offer a striking contrast to the skyscraper skyline across the bay, and in Casco Viejo, after dark music pours onto the street from every alley and corner.

Lake Atitlan, Guatemala Lake Atitlan, Guatemala
Lake Atitlan, Guatemala

Lake Atitlan, Guatemala (Hotel Prices & Photos)

Surrounded by three towering volcanoes, German explorer and naturalist Alexander von Humboldt called Lake Atitlan “the most beautiful lake in the world.” Situated in the Guatemalan Highlands of the Sierra Madre mountain range, it’s defined by tranquility and calm, providing an especially inspiring backdrop for meditation, yoga and contemplation, yet you can enjoy very low Central American prices. Look forward to taking in the breathtaking scenery while hiking, kayaking or biking, and immersing yourself in Mayan culture – residents still wear a signature style of clothing that reveals the town in which they live.

Goa, India Arambol beach Goa India
Credit: Bigstock.com
Arambol beach Goa India

Goa, India (Hotel Prices & Photos)

Popular for decades among hippies and others looking to party on the cheap, this picturesque coastal spot in India has grown up quite a bit sense, but it hasn’t lost its very low price tag. The top beach destination in all of India, it’s an ideal place to relax and unwind on unspoiled white sands that edge a sparkling blue expanse of the Arabian Sea. While the central regions tend to be crowded, by venturing further north or south, you’ll find some incredibly tranquil gems, like Agonda and Palolem in the south and Ashwem and Mandrem in the north. You’ll also find an eclectic blend of nature, culture, history and adventure activities.

Bahamas Blue Hole Long Island, Bahamas
Blue Hole Long Island, Bahamas

Bahamas (Hotel Prices & Photos)

The Bahamas are easily accessible from Florida, making for cheap airfare especially when compared to more far flung Caribbean destinations. A flight here runs as low as $300 round trip from major east coast airports, making it much easier to put together an affordable trip to an exotic island that’s surrounded by warm, azure waters for snorkeling, fishing sailing, windsurfing and more. In some places like Exuma, you can jump in and swim with adorable pigs.

Montego Bay Montego Bay
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Montego Bay

Montego Bay (Hotel Prices & Photos)

Montego Bay in Jamaica is one of the few destinations in the Caribbean that’s affordable not only in the off-season, but during high season too, at least outside of the holidays. Come anytime other than mid-December to about mid-January and you can score accommodation that’s as low as $40 a night. There are even multiple quality all-inclusive options that make a great value, but no matter where you stay in Montego Bay, in addition to soaking up the sun and the sand, you’ll find plenty of water sports and other activities to keep you busy.

Riga, Latvia Riga, Latvia
Riga, Latvia

Riga, Latvia (Hotel Prices & Photos)

Frequently referred to as the “Paris of the North” and Europe’s “best kept secret,” Riga is also one of the cheapest destinations for travelers to Europe. No doubt exotic, it was named a European Capital of Culture for 2014, yet hostels are still very inexpensive and so is just about everything else. It’s possible to get by on less than $25 a day in this regal city that hosts some of the largest and most impressive Art Nouveau architecture on the continent, including gargoyles and goddesses that adorn more than 750 buildings found along the stately boulevards. The winding cobblestone lanes of Old Town are especially alluring with all of that gingerbread trim, and at Dome Cathedral, you can ascend the spire of St. Peter’s church to take in amazing views of the city.

Quito, Ecuador Church in Quito, Ecuador
Credit: K.C. Dermody
Church in Quito, Ecuador

Quito, Ecuador (Hotel Prices & Photos)

If South America is calling, Quito, Ecuador’s high altitude capital is undeniably easy on the wallet and rather exotic too, with the opportunity to walk the “line.” While it’s a tourist attraction, with the equator line marked in red paint, the city also offers jaw-dropping Gothic architecture to explore, with countless cathedrals, fascinating museums and especially tasty cuisine. Sitting at over 9,000 feet above sea level in a valley framed by volcanic peaks, stunning scenery abounds. Be sure to watch the changing the guards at Plaza Grande and stroll Calle la Ronda, one of the oldest and most artsy streets in the city.