The Maldives is synonymous with luxury, pristine beaches, and turquoise waters. While overwater bungalows often come with a hefty price tag, there are surprisingly affordable options that let you enjoy this paradise without emptying your bank account. If you’ve ever dreamed of staying and looking for Affordable Overwater Bungalows in the Maldives, this guide is for you.
Why Choose an Overwater Bungalow in the Maldives?
Overwater bungalows offer an unparalleled experience—wake up to the sound of the ocean, step directly into the crystal-clear lagoon from your private deck, and enjoy breathtaking sunsets right from your villa. Even budget-friendly options in the Maldives provide a luxurious and unforgettable stay.
Best Affordable Overwater Bungalows in the Maldives
1. Reethi Beach Resort

Location: Baa Atoll
Starting Price: $250 per night
Reethi Beach Resort offers one of the most budget-friendly overwater stays in the Maldives. Surrounded by a stunning house reef, this resort provides excellent snorkeling opportunities. The Water Villas come with a private sun deck, direct ocean access, and Maldivian-inspired decor. The resort also offers various water sports, an on-site spa, and multiple dining options.
2. Sun Siyam Olhuveli

Location: South Male Atoll
Starting Price: $290 per night
Sun Siyam Olhuveli is perfect for those who want a mix of affordability and comfort. Their Deluxe Water Villas feature glass floor panels, allowing you to watch marine life from the comfort of your room. The resort also offers multiple pools, restaurants, and a world-class spa. For adventure lovers, there are diving, windsurfing, and dolphin-watching excursions available.
3. Meeru Island Resort & Spa

Location: North Male Atoll
Starting Price: $320 per night
Meeru Island Resort & Spa is an all-inclusive resort with affordable water villas featuring spacious interiors, private decks, and open-air bathrooms. With complimentary snorkeling trips, water sports, and dining options, it offers great value for money. The resort is known for its relaxing ambiance, perfect for honeymooners and families alike.
4. Fihalhohi Island Resort

Location: South Male Atoll
Starting Price: $280 per night
This hidden gem is known for its relaxed atmosphere and excellent marine life. The Water Villas are cozy yet well-equipped, providing direct access to the lagoon. If you’re looking for an intimate and budget-friendly retreat, Fihalhohi is a great choice. The resort also has a spa and beachfront dining experiences for an added touch of luxury.
5. Thulhagiri Island Resort & Spa

Location: North Male Atoll
Starting Price: $270 per night
A small, picturesque resort with charming water bungalows, Thulhagiri Island Resort offers an affordable escape with stunning ocean views. The resort is ideal for couples and honeymooners looking for a peaceful getaway. It features excellent snorkeling spots, a tranquil beach, and a variety of dining options.
Tips for Booking an Affordable Overwater Bungalow
1. Travel During the Off-Season
The best way to secure a budget-friendly overwater bungalow is by traveling between May and October, when prices drop due to the rainy season. The Maldives still enjoys plenty of sunshine during these months, with occasional showers that are often brief.
2. Look for All-Inclusive Packages
Many resorts offer all-inclusive deals that cover meals, drinks, and activities, helping you save money on dining and entertainment. This is especially useful for travelers who want a stress-free experience without worrying about extra costs.
3. Book Early for Discounts
Resorts often have early bird discounts for bookings made months in advance. Keep an eye out for special promotions and deals, especially on travel websites and booking platforms.
4. Consider Half-Board Options
If an all-inclusive plan is out of budget, opt for half-board (breakfast and dinner included) to cut down on meal expenses. This option allows you to enjoy local excursions and lunches at nearby cafes, giving you more flexibility.
5. Use Local Transfer Options
Instead of expensive seaplanes, choose speedboats for resort transfers whenever possible. Speedboats cost significantly less and still offer a scenic ride. Some budget-friendly resorts even provide complimentary transfers, so be sure to check with the property before booking.

Are Budget Overwater Bungalows Worth It?
Absolutely! While they may not have the ultra-luxury features of five-star resorts, affordable overwater bungalows in the Maldives still offer dreamy views, direct ocean access, and a serene experience. Most budget resorts also have fantastic snorkeling spots, great dining, and excellent service. If you’re looking for a once-in-a-lifetime experience without spending thousands of dollars per night, these budget-friendly options are perfect.
Conclusion
The Maldives doesn’t have to be a destination reserved for the ultra-rich. By choosing one of these affordable overwater bungalows, you can enjoy a slice of paradise at a fraction of the price. Whether you’re a honeymooner, a solo traveler, or on a romantic getaway, there’s an option that suits your budget while delivering a world-class experience.
FAQs
1. What is the cheapest month to visit the Maldives?
The cheapest months to visit the Maldives are between May and October, during the off-peak rainy season when resort prices drop significantly. While there may be some rain, most days are still sunny and warm.
2. Are overwater bungalows in the Maldives safe?
Yes, overwater bungalows in the Maldives are designed with safety in mind, with sturdy construction and resort security ensuring a worry-free stay. Most resorts also have lifeguards and emergency response teams available.
3. Do budget overwater bungalows have private pools?
Most budget overwater bungalows do not include private pools, but they do offer direct ocean access, which is just as enjoyable. Some mid-range options may have plunge pools at an additional cost.
4. Is food expensive in Maldives resorts?
Food at Maldives resorts can be pricey, which is why opting for all-inclusive or half-board plans is recommended to save on costs. Some resorts also offer buffet dining, which can be a more affordable way to enjoy meals.
5. Can I find overwater bungalows in the Maldives for under $300 per night?
Yes! Resorts like Reethi Beach Resort, Sun Siyam Olhuveli, and Fihalhohi Island Resort offer water villas starting at under $300 per night, especially during the off-season. Booking early and looking for discounts can also help secure the best rates.