The Best Affordable Overwater Bungalows in 2026
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As everyone knows overwater bungalows are notoriously expensive, probably the most expensive per-square-foot accommodation type in the world in fact.
But, though very much few and far between, not all are out of the reach of ordinary folk.
If you are prepared to forgo big-budget destinations you can have an overwater experience for not much more than an upper-range hotel room in many other places.
We’ve done the research and so here now are our reviews of what we see as the best affordable overwater bungalows %%in_location%% in 2026.
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Guide Price (Minimum): Under $500 per NightAddress: Lagen Island, Mimaropa
El Nido
Palawan
PhilippinesCompare it with others in: All Inclusive Overwater Bungalows, Family Friendly Overwater Bungalows, Overwater Bungalows for Honeymoons, and Overwater Resorts with SpaWhy We Like It: The El Nido eco-resort chain’s Lagen Island branch has a jaw-dropping setting, even by Philippine island standards – a picture-perfect cove surrounded by limestone cliffs and lush green forest. We think Lagen Island as a whole is spectacular and it is a known sanctuary for a huge variety of flora and fauna. If you’re any kind of nature lover we’d highly recommend the resort’s guided jungle hikes. It is a luxury resort (4-star), with a kind… > Read More -
Guide Price (Minimum): Under $500 per NightAddress: Miniloc Island, Mimaropa
El Nido
Palawan
PhilippinesCompare it with others in: All Inclusive Overwater Bungalows, Family Friendly Overwater Bungalows, Overwater Bungalows for Honeymoons, and Overwater Resorts with SpaOn Miniloc Island is the Filipino hotel group El Nido’s local eco-resort of the same name. It is something of a luxury resort, which we like, but we also like its laid back, unassuming vibe. It is eco-friendly too and feels more locally authentic than most resorts we’ve seen, with a dash of hippie chic thrown in. There are a total of 50 rooms, a mixture of beach cottages and overwater bungalows. The style is classic Filipino, its bungalows and… > Read More
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