Holidays if you're surviving on a salary: Monaci delle Terre Nere, Sicily, Italy

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Recommended by: Mr. & Mrs. Smith, who say:

This newly opened hotel located in the fertile foothills of Mount Etna has enough design wow-factor to impress any discerning traveller, but won't break the bank. Elegant and eco-friendly, this hip hideaway combines 19th-century detailing with designer décor. Think reclaimed wood furnishings and Phillipe Starck chairs set against black lava walls.

Cost: Rooms from £155

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