30 Most Affordable Water Villas in the Maldives – Ranked

The cost of these Maldives overwater bungalows can vary significantly between the low and high seasons. Timing your visit can make all the difference between finding the cheapest water villas in Maldives and having to really splurge to live the dream.

Let’s dive into idyllic retreats, where luxury meets affordability, with the most affordable water villas in the Maldives…

*Guide prices for the cheapest water villas in Maldives are based on the low season and are the total cost for two people, per room per night. Bear in mind that prices can often be double the price in the dry season / high season but it’s always worth checking the links for offers and deals for your dates.

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The Ocean Villa Horizon, a haven of luxury where the turquoise ocean meets your doorstep, complete with private jacuzzi, offering a serene escape with breathtaking views.

There 3 restaurants plus a 24-hour bar to add a splash of fun to your evenings with its vibrant ambience late into the night. Lobster BBQ, floating breakfasts, sandback lunches are all available.

Explore the beauty of the ocean with scuba diving and snorkelling, relax over the heavenly blue in the water hammock, and while away some hours in the unique Wellness Village.

Rating: 4*+
How to get there: 45-minute seaplane $415 per person
Prices from: $1474 per night all-inclusive

This resort is a treasure trove for those seeking the most affordable water villas in the Maldives.

The Overwater Villas, are perched above the azure waters complete with a lounging net and an outdoor bathtub, perfect for soaking in the Maldivian seascapes.

Culinary adventures await at Saii Lagoon with a choice of meal plans. Plus you have access to The Marina @ CROSSROADS, another island, modelled on a chic European Riviera town.

Dive into a world of fun with activities ranging from sunrise yoga to water sports. The Lèn Be Well Spa completes your experience of blissful relaxation and adventure in this Maldivian haven.

Whether it’s a romantic dinner under the stars, or a lively meal at the Beach Bar, or dining at one of its two restaurants, you won’t be bored on the culinary front.

For adventure seekers, water skiing, surfing, parasailing, wake and knee boarding await. Relax at the Coco Spa, nestled in the lush jungle, offers treatments inspired by ancient traditions.

Sitting directly above the lagoon with a private sun deck and direct ocean access, the Lagoon Villas are some of the most affordable water villas in the Maldives on a luxury tip.

Every palate is catered to with a range of dining options from Japanese to Arabic.

Dive into an array of activities, from water sports to fitness and yoga to the The Fehi Spa.

However, the piece de resistance of Finolhu is being able to spend a night under the stars in the Beach Bubble Tent, a secluded bubble dome sitting under the Maldivian starry sky.

Get that rock n roll spirit in paradise with a private terrace and direct lagoon access. 

Dining here is a tour of global flavours. From the iconic Hard Rock Cafe to the Latin American inspired Elephant and Butterfly, your taste buds are set for a world tour.

Hard Rock Hotel Maldives is all about the fun activities – from water sports at connected island, The Marina @ CROSSROADS to dance fitness and martial arts classes.

And for a serene encore, don’t miss some experience heavenly spa treatments for honeymoon bliss.

Each villa has stunning lagoon views. If budget allows, an upgrade to the Aqua Suite with Slide will be so much fun.

You & Me Maldives has a ‘dine around’ concept, you can indulge in a variety of culinary delights across the resort’s à la carte restaurants including the underwater spectacle at H2O by Berton.

Enjoy a range of activities from sunrise yoga to aqua fitness, scuba diving to spa treatments. You & Me Maldives is an adults-only delight.

Dining at Avani Fares is a journey through diverse flavours with 6 dining and drink establishments from beach bars to fine dining.

Dive into a world of water sports and explore the vibrant house reef, or indulge in a game of tennis or badminton, or opt for treatments in the resort spa. 

Each villa is bright and spacious with unbeatable ocean views. Wake up to the sunrise, descend your private staircase into the blue lagoon, and spend your days basking on your private sundeck, embraced by the soothing sound of gentlewaves.

With six restaurants and three bars offering a range of global cuisines, you won’t be bored when it comes to culinary adventures.

Authentic Japanese, Italian-inspired dishes, or local Maldivian flavours all feature.

But there’s more to Villa Nautica than just relaxation – a world of fun activities await, from water sports to exploring the vibrant house reef. Climb the replica lifeguard tower for panoramic views of the island.

If you’re seeking the cheapest water villa in Maldives on a 4-star level, the Jacuzzi Water Villa where you can slip into the warm Indian Ocean from your sun-kissed veranda and unwind in your hot tub with a glass of bubbly as the sun sets is worth checking out.

Dining at Meeru is a tantalising experience, with a variety of international and regional cuisines to please every palate. Indulge in fresh produce from the Meeru garden.

From water sports to scuba diving experiences out on the Indian ocean, romantic couple’s massages, intimate beach dinners under a sky full of stars, Meeru is one of our top picks for the cheapest water villas in Maldives on a laid back luxury tip!

The Overwater Bungalows are just a short speedboat ride from the airport. 

Dining at Sheraton Maldives is a culinary delight, with a variety of international and regional cuisines.

From water sports to exploring the vibrant house reef to the Shine Spa for Sheraton Maldives Full Moon Resort and Spa is a long time favourite for couples seeking luxury and a hassle free Maldives trip, close to the airport.

The Sangu Water Villa is your go-to, perched above the crystalline waters with a secluded veranda perfect for sunbathing and admiring sunsets.

Dining at Kuredu is a culinary adventure, with two all inclusive plans to choose from. You can even visit heavenly neighbouring island’ Hurawalhi’s underwater restaurant.

From luxury sailboat trips to diving and snorkelling in the stunning coral reefs, to the spa and nightlife and golfing amidst natural forest, you certainly won’t be bored at Kuredu.

While the Romantic Water Villa is one of our top picks for couples, full stop, the Water Villa is ideal if travelling on a tighter budget.

Dive into the sea right from your private sun terrace, laze in the catamaran net over the lagoon and marvel at glass floor window in your villa.

Dining at LUX* South Ari Atoll is a journey around the world, with eight restaurants and five bars.

Water sports like kitesurfing, windsurfing, and flyboarding to yoga and meditation await. The LUX* Me Spa offers a range of treatments for total post wedding relaxation.

Each villa features a private jacuzzi with ocean views, a large deck with direct ocean access, and a tranquil lagoon that is the perfect sanctuary.

Dining at Komandoo is a delightful experience, with options for romantic meals under the stars, sumptuous buffets, or fine dining.

You can also dine under the sea at their neighbouring sister resort, Hurawalhi Maldives. A choice of bars completes the wining and dining experience.

Dive into a world of activities, from exploring the incredible marine life to indulging in well-being at the Duniye Spa.

With a private sundeck with stairs leading into the sea, perfect for water lovers.

You’ll find an adults-only restaurant and two à la carte restaurants, Asian Wok and Hot Rock. Don’t forget to opt for a private al fresco dinner on the beach.

The resort’s prime location puts you close to manta rays and whale shark spots throughout the year.

Go snorkelling, diving and stand up paddleboarding. And for a touch of indulgence, the award-winning Duniye Spa offers holistic spa treatments.

The Over Water Villa offers direct lagoon access and an undisturbed ocean view with features like an al fresco bathtub, indoor and outdoor rain showers, and a private sundeck.

There is a variety of restaurants and bars offering regional and international cuisines.

With yoga and snorkelling in the clear lagoon to dolphin safaris and water sports, activity lovers have plenty to do.

The resort is also a splendid diving destination, offering easy access to the house reef.

You’ll find their Water Villas are among the most affordable water villas in the Maldives.

Wake up to the soothing sounds of the ocean and spend balmy evenings stargazing from your private terrace overlooking the ocean.

The retreat’s restaurant offers both sumptuous buffets and à la carte options in a stunning open-air environment.

With sunrise breakfast cruises to scuba diving in the vibrant coral reefs, snorkelling, kayaking, and stand-up paddleboarding, this is a great option for couples seeking the cheaper water villa in Maldives. 

The bright and fun Water Villas are one of our top picks for the most affordable water villas in the Maldives.

With unparalleled views of the Indian Ocean and steps to the lagoon beneath and flush with natural light.

Dining at Nova Maldives is a delightful experience, with a variety of restaurants offering scrumptious dishes to tantalise your taste buds.

Explore the dazzling rainbow world of coral and sea life and indulge in a private banquet by the glistening shores, and have all the fun snorkelling, kayaking, and stand-up paddleboarding.

The Water Villa with Pool and Slide is one of the most luxurious of the cheapest water villa in Maldives with a unique blend of fun and luxury.

Dining at Siyam World Resort is a culinary adventure with a phenomenal 6 bars and 8 restaurants to choose from. The resort’s WOW! All-inclusive package is probably the best in the Maldives.

A world of activities awaits, from horseback riding along the beach to experiencing the Maldives’ biggest floating water park to floating breakfasts and 24 hour spas. Go snorkelling, kayaking, and stand-up paddleboarding. Phew!

Sun Siyam Hotels have other beautiful resorts. Sun Siyam Olhuveli is one of our favourite options with the most affordable water villas in the Maldives including an adults-only island. Sun Siyam Iru Fushi is a laid-back luxury haven and worth checking out, too.

These villas offer a unique blend of local charm and international comfort, with direct access to the lagoon and stunning views.

The resort offers a generous all-inclusive concept, including a wide selection of dining and beverages with 40 international wines. Go snorkelling in the vibrant coral reefs to enjoy massages at the spa. 

The Lagoon Overwater Pool Villa is a knockout when it comes to the most affordable water villas in the Maldives.

These playful yet luxurious villas come complete with direct water access and plunge pool. 

From the all-day dining restaurant Kula to the authentic Maldivian overwater restaurant Guduguda to a casual beach dinner, the BBQ Shak with seafood and meats grilled over coconut shell charcoal, dining at the Standard Maldives is a delightful experience.

Go snorkelling in the protected house reef and banish jet lag in The Standard Spa, complete with a communal hammam and aroma steam room. Night owls will love the visiting DJs, pool parties and even karaoke!

With signature Maldivian style interiors and high ceilings, the Water Villa features plush beds, along with a spacious deck.

Varu by Atmosphere has one of the best all inclusive Maldives honeymoon packages, with the VARU Plan™ which includes sumptuous buffets, live cooking stations, theme nights, a la carte restaurants, premium alcohol, unlimited cocktails, and a selection of over 40 exclusive wines.

You also get some complimentary and discounted excursions from snorkelling, sunset cruises and scuba diving and a spa treatment.

Check out sister hotel, Atmosphere Kanifushi which is often similarly priced and has a seaplane transfer.

These over-water retreats offer complete privacy and comfort where you can soak in panoramic views of the Indian Ocean.

Dining at Kuramathi is a culinary adventure, with three international buffet restaurants and nine à la carte restaurants offering a range of cuisine to suit all palates. 

There is a standard all inclusive option but the Select All Inclusive allows you to dine in any of the 9 restaurants.

But there’s more to Kuramathi than just dining and imbibing, from snorkelling in the house reef to experiencing the thrills of watersports on the magical turquoise lagoon. 

If you’re seeking the most affordable water villas in the Maldives, then check out the Water Villa. Built on stilts over the pristine lagoon with direct access to the sea and a private terrace, perfect for those who adore the ocean

Dining at Reethi Beach Resort is a delightful experience, with a variety of settings from beachside to overwater over its 5 restaurants.

Explore the vibrant underwater world, take a dolphin cruise, and a Maldivian cooking class. 

Dining at Cocoon Maldives is a delightful experience, with a selection of three restaurants and two bars.

If you’re seeking the most affordable water villas in the Maldives, then look no further than the Water Villa (or Water Villa with Pool if budget allows).

Be swept away in overwater bliss, with individual sundecks leading straight into the lagoon. Each villa has a luxurious bedroom with floor-to-ceiling glass panel windows, a plush bathroom, and an outdoor deck.

Dining at Oblu Select Sangeli is a delightful experience, with the Serenity Plan™ offering buffets plus a la carte restaurants, and bars.

You won’t be bored with snorkelling and watersports to entertainment like live music performances and DJ nights. The ELE | NA Spa offers a range of signature treatments inspired by natural elements.

Colours of Oblu has a phenomenal four islands in the Maldives that are all worth checking out as you’ll find not only some of the cheapest water villas in the Maldives but also free transfers, too.

OBLU SELECT Lobigili is their new adults only island not too far from the airport. OBLU NATURE Helengeli is a spot highly regarded for scuba diving and OBLU XPERIENCE Ailafushi is a family friendly haven.

A private sundeck with lagoon access and a bathtub with a sea view, all await. Upgrade to  the Sunset Aqua Pool Suites which have the best seats in the house for epic sunsets.

There’s a phenomenal 10 unique restaurants and bars offering mouth-watering flavours from all over the world.

But there’s more to Kandima Maldives than just food and fun villas. Dive into a world of activities, from snorkelling including a dedicated mid sea platform, a unique lake, a pitch for tennis or ball games to fitness programs and art classes at the KULA Art Studio.

The esKape Spa offers a range of treatments to banish any post wedding stress. Kandima is our top pick for couples seeking the cheapest water villas in the Maldives but want a lot of activities.

The all inclusive includes a main restaurant and Italian and steakhouse restaurants offering à la carte dining and a 24 hour bar.

You’ll find an array of activities like kayaking, paddle surfing, and diving, plus a full entertainment programme of shows and live music. 

Riu has a second property Riu Palace Maldivas and their Overwater Suite with Private Pool is also one of the most affordable villas in Maldives, too.

For couples seeking the cheapest water villa in Maldives, look no further than the Overwater Villa. One of the best options for honeymoon on a budget, matching convenience with picturesque island vibes.

If you can upgrade to the Sunset Overwater Villa with Swirl Pool for a treat.

Dining at Centara Ras Fushi Resort is a culinary journey, with a choice of meal plans including all inclusive options to suit every taste with cuisines from around the world including Thai, Levantine and Italian.

You’ll find a range of activities from parasailing, banana boats and kayaking to scuba diving, spa treatments and island visits.

There are a variety of dining options to tantalise your taste buds with themed buffet nights and cocktails. Opt for a private beach dining for the ultimate in romance.

Go snorkelling and scuba diving to explore the island’s largest 3D printed reef. The resort offers a range of experiences, from water sports, beach volleyball to trips to the spa and DJ nights on the beach.

You’ll have direct access to the lagoon and a private sundeck for sunbathing, each bungalow is designed to provide a tranquil retreat.

Opt for all inclusive where the main restaurant serves themed buffet nights, while the a la carte restaurant for a more intimate dining experience.

Dive into a world of activities, from snorkelling and diving to exploring the island’s vibrant house reef. Enjoy water sports, beach volleyball, and spa treatments.

Cinnamon Hotels have multiple resorts with affordable overwater villas in Maldives. Check out Cinnamon Hakuraa Huraa and Cinnamon Dhonveli, too if you’re trying to find the cheapest water villas in the Maldives.