No, that's not a mirage. The economy is faltering, the dollar is getting clobbered by the euro, and traveling to the far reaches of luxury is costlier than ever. But we did some digging and have good news: For every Barcelona, there's a Buenos Aires; for every Marrakesh, a Tunisia. And fear not: No one's about to suggest you strap on a backpack and call the Eurail office -- or even make you ride a camel. These ten high-value destinations are every bit as chic and luxurious as their highfalutin counterparts, but they'll make your greenbacks fly a lot further.
Little Corn Island, Nicaragua
It's a poor man's: Costa Rica
The financial analysis: Nicaragua is radically less expensive than its once-cheap neighbor to the south ("once" being the operative word -- the Four Seasons in Costa Rica charges upward of $400 a night, and Mandarin Oriental and St. Regis are both planning resorts there). Even during holiday season, the most luxurious place in Managua, the InterContinental, runs less than $150. Once you get to the coastal islands on the Caribbean Sea, they might as well be paying you to visit.
Price of a beer: $3