there are more places in Brazil which are cheaper. And Jeri has no kiting in front...you have to drive upwind (shuttles) daily.
Anywhere along the coast from Brazil in August!
Ceara is the kite capital, so you cannot go wrong at those beaches...and many options to stay very cheap!
Have a closer look at Cumbuco, kite capital in Brazil...lots of cheap rooms there, if dead cheap, go to Icarai, few km upwind. You can start in front, downwind to Cumbuco and back with a cheap bus!http://locations.splocs.com/kitesurf/region/state_ceara.html
Or maybe Egypt...but not as exciting than Brazil!