I went there in 2006, it was superb.. Photos[/url]
We stayed in Turbole in an appartment but I can't remember where, I don't remember it being so expensive. Meal out cost us about 45 or so euros for 3 with wine. Our appartment was just what you'd expect to pay for a place in the alps. Meckie's is well worth a visit and I was quite glad to be at the hilly north side of the lake.
Alpine elements go there which would be a cheap option. But I have no experience of them, and have heard some negative feedback about them on here.
Route finding around Lake Garda was easy, there's loads of stuff. You want the Alto Garda map on this page..