The Maldives is a tropical paradise located in the middle of the Indian Ocean. This stunning archipelago of more than 1,000 islands offers spectacular white sand beaches and crystal-clear turquoise waters. It’s a place unlike any other with its incredible beauty and diverse wildlife, making it a top destination for luxury resort vacations, romantic getaways, and unforgettable family holidays.

Because of this, it is one of the most expensive holiday destinations in the world. The cost of flights, accommodation, food, and activities can add up quickly, making it difficult for those on a tight budget to enjoy the incredible beauty and culture the country has to offer. But if you plan carefully and find good deals, you can even afford to stay at an overwater bungalow. Here are the most budget-friendly resorts in the Maldives.

We hope you love the overwater bungalows we recommend! Just so you know, Matador may collect a small commission from the links on this page if you decide to book a stay. Listed prices are accurate as of the time of publication.

What is an overwater bungalow?

Overwater bungalows in the Maldives are truly spectacular. Positioned over glimmering lagoons and perfect for watching stunning sunsets, this type of accommodation is one of a kind. Many bungalows come with private pools, decks, and balconies, creating a mini retreat where you can relax in privacy. They also come with all the comforts of home — spacious rooms, modern amenities, attentive staff — and the chance to take advantage of on-site activities such as swimming, snorkeling, or diving in the beautiful coral reefs below.

@epic.stays Replying to @dfodrie Here are the two cheapest resorts with overwater bungalows in the #Maldives : 1. Sun Island Resort & Spa $345 USD/per night 2. Reethi Beach Resort $311 USD/per night #overwaterbungalow #budgettravel #traveltiktok #luxurytravelonabudget #traveltiktok #greenscreen ♬ Sensual Seduction – Snoop Dogg

The cheapest overwater bungalows in the Malives

Sun Island Resort

The overwater bungalows at Sun Island Resort in the Maldives offer guests an idyllic escape. Perched atop turquoise lagoons and surrounded by lush greenery, the bungalows provide stunning views. Inside, they are lavishly appointed with modern amenities and luxuries such as king-size beds, air conditioning, state-of-the-art electronics, private balconies, and their own private plunge pool. Whether you’re seeking a romantic getaway or just looking to relax and unwind, Sun Island Resort’s overwater bungalows will not disappoint.

Cost per night — $345

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Reethi Beach Resort

Located on a stunning 14-acre tropical island, Reethi Beach Resort offers visitors beautiful white sand beaches and crystal clear waters perfect for swimming, snorkelling, kayaking or diving. From the resort’s overwater villas and beach bungalows to their on-site spa and international cuisine, there are plenty of ways to pamper yourself.

Cost per night — $311

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