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Punta Caracol Acqua Lodge in Bocas del Toro, Panama
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Affordable Overwater Bungalows 🐬 🥥

8 Affordable Overwater Bungalows You've Gotta See For Yourself

from $93

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Who hasn't dreamed of spending the night in an overwater bungalow? We've rounded up some of the most incredible—and affordable—overwater bungalows from around the world. Similar properties can cost as much as $2,000 a night or more, so get a taste of luxury amenities and incredible views without breaking the bank.


Avani Sepang Goldcoast Resort – Sepang, Malaysia

Why Visit? This peaceful resort offers guests plenty of tranquility and activities at affordable rates. Overnight guests have access to water sports such as sailing and paddleboarding, yoga classes, multiple restaurants, and spa treatments galore.

Details: 5-star resort | 4/5 on TripAdvisor

Price: from $93 a night

El Faro del Colibri – Bocas del Toro, Panama

Why Visit? Again, closer proximity to the US, free breakfast, private decks, private beach access, water sports, and an incredible price.

Details: 3-star resort | 4/5 on Tripadvisor

Price: from $97 a night (includes breakfast)

Eclypse de Mar – Bocas del Toro, Panama

Why Visit? Closer proximity to the States, private terraces, onsite restaurant, hammocks for relaxing, and above all else—the price makes this bungalow worth visiting.

Details: 4-star resort | 4.5/5 on Tripadvisor

Price: from $110 a night (includes breakfast)

Reethi Beach Resort – Fonimagoodhoo Island, Maldives

Why Visit? With 5 restaurants and bars, a 5-star PADI dive center, world-class spa treatments, and stretches of powder-soft beach, the Reethi Beach Resort is an excellent place for rest and relaxation. However, keep in mind that transfers in the Maldives can get a little pricey.

Details: 4-star resort | 4.5/5 on TripAdvisor

Price: from $230 a night (includes breakfast)

Hotel Las Lagunas Boutique – Flores, Guatemala

Why Visit? A fantastic option for those who prefer a short flight, Hotel Las Lagunas Boutique offers world-class service, incredible views, complimentary breakfast, and flexible booking.

Details: 5-star resort | 5/5 on TripAdvisor

Price: from $287 a night (includes breakfast)

Punta Caracol Acqua Lodge – Bocas del Toro, Panama

Why Visit? Guests can watch dolphins from their private balconies at this eco-friendly resort. Bocas del Toro is also famous for incredible diving. Prices include breakfast and dinner each day.

Details: 3.5-star resort | 4/5 on TripAdvisor

Price: from $242 a night

Pangkor Laut Resort – Pangkor, Malaysia

Why Visit? 5-star amenities await guests, such as multiple fine dining restaurants, bars, yoga classes, jungle retreats, a fabulous included breakfast, and more. There are also three types of bungalow to choose from, depending on your tastes (and wallet).

Details: 5-star resort | 4.5/5 on TripAdvisor

Price: from $181 per night

St. George's Caye Resort – St. George's Caye, Belize

Why Visit? This resort offers packages that cater to different types of travelers, from friends to couples to adventure seekers. No matter your style of travel, you'll love watching the sunset from a hammock on your private porch. While it is the most expensive on our list, the overwater bungalows include all meals.

Details: 3-star resort | 4.5/5 on TripAdvisor

Price: from $328 a night full-board (minimum of four nights booked)

Additional Information

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*All of our deals are available at the time of publishing, but prices are subject to fluctuations and changes at any time.