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Affordable Overwater Bungalows in Panama, Mexico, and Belize

Dreaming of staying in a French Polynesian overwater bungalow but simply cannot fathom the cost?

Staying in a beautiful overwater bungalow can also be one of the most relaxing and rejuvenating ways to spend your time in Central America.

The most beautiful and affordable overwater bungalows in the Caribbean are found in three Central American countries, including overwater bungalows in Mexico, Panama, and Belize.

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Mexico Overwater Bungalows

The best part about the Caribbean overwater bungalows in Mexico is that most are all-inclusive!

By hopping on an affordable direct flight from Cancun, you will find yourself near some of the most amazing overwater bungalows Mexico in the Caribbean.

You do not need to fly to Bora Bora or the Maldives anymore to experience the pristine luxury of overwater bungalows, instead, head on over to Mexico’s Caribbean coast to experience a once-in-a-lifetime adults-only experience.

Dorado Maroma

Dorado Maroma

For those looking to visit Mexico through an adults-only getaway, do not miss out on what Dorado Maroma has to offer with their Caribbean overwater bungalows.

Wake up to the beautiful turquoise waters right below your feet in their Elite Overwater Bungalows. Each suite boasts unobstructed views of colorful sunrises and sunsets from private decks and infinity pools.

Whether enjoying a romantic outdoor shower or peering through the glass bottom floors, you will be able to fully relax and enjoy your stay at Dorado Maroma.

Further, each overwater bungalow is equipped with a dedicated butler who is fully prepared to make your one-of-a-kind bungalow perfect for your special vacation.

Palafitos overwater bungalows

Palafitos

As one of Mexico’s only luxury resorts offering overwater bungalows in Central America, Palafitos does not disappoint!

This beautiful resort is located a mere 1.3 miles from Playa del Carmen Beach and features luxurious adults-only amenities.

Palafitos overwater bungalows is the very first resort in Mexico to offer overwater bungalows, boasting fabulous accommodation and world-class amenities setting the standard for nearby resorts.

From glass floor panels and jacuzzies to private infinity pools and outdoor showers, Palafitos reaches the highest standards of luxury.

Each Caribbean overwater bungalow on the property offers direct access to the crystal-clear waters found below your feet—a perfect way to hop in and discover what lies beneath the warm surface. ​

With tasty restaurants utilizing food produces onsite, a pristine sandy beach, and countless active and relaxing activities, Palafitos is a great option as one of the best Caribbean overwater bungalows in Central America.

Rosewood Mayakoba overwater bungalows

Rosewood Mayakoba

Another great resort offering a spectacular and affordable overwater villa vacation is the Rosewood Mayakoba, located in Playa del Carmen, Mexico. As one of only two Caribbean overwater bungalows in Mexico currently in operation, Rosewood Mayakoba epitomizes luxury.

This luxury Mexican resort is located near Palafitos overwater bungalows Mexico, but offers a completely different vibe.

Rosewood Mayakoba offers a variety of world-class accommodations, luxury services, and excellent facilities all on a picturesque beach setting just an hour from Cancun’s international airport.

The biggest draw to Rosewood Mayakoba’s luxury overwater bungalows is it’s award-winning spa and services.

Panama overwater bungalows

Panama Overwater Bungalows

For those looking the stay in an overwater bungalow on a budget, there is no better place to start your search than Panama.

While many enjoy Panama briefly through a Panama Canal cruise, others will enjoy spending a little more time exploring this underrated country.

Most of these hotels, lodges, and resorts focus on nature and offer a more eco-friendly approach than the nearby luxury accommodation.

Those who travel to these overwater bungalows near the US plan on spending just as much time outdoors as indoors, making Panama the perfect tropical destination with beautiful beaches, clear Caribbean waters, and lush rainforests.

sandals Overwater bungalows-3

Yandup Island Lodge

Yandup Island Lodge is the perfect tropical escape in the Caribbean located in the San Blas Archipelago of Panama.

These beautiful overwater bungalows offer relaxing hammocks, refreshing Caribbean air, and the peaceful sound of waves crashing and birds soaring.

Located on a private island with soaring coconut palm trees, you will be surrounded by colorful coral reefs and a secluded beach. If you are looking to unplug and discover what tiny island life is like, staying at Yandup Island Lodge is for you!

Hotel de Mar Acqua Lodge overwater bungalows

Eclypse de Mar

If you are planning your Panama Vacation on Isla Bastimentos, consider staying in one of the most unique Caribbean overwater bungalows.

The bed and breakfast Eclypse de Mar offers an ideal mix of value, comfort, and convenience—all while offering a romantic setting with a wide array of amenities.

Each Caribbean overwater bungalow at this beautiful property boasts a private piece of paradise right on the water.

There are plenty of well-kept eco trails nearby where you can discover the local wildlife, including sloths, caimans, and more. Eclypse de Mar also offers guests the use of their kayaks and paddle boards to venture further out into the Sea.

Aqui Hoy overwater bungalows (1)

Aqui Hoy

Found within a 5-minute boat ride from the bustling Bocastown, Aqui Hoy offers an unforgettable experience when you stay in one of their beautiful overwater bungalows.

As one of the newer resorts offering overwater bungalows in Central America, Aqui Hoy offers upscale meals and spacious suites for guests.

There are only four overwater cabanas found at Aqui Hoy, but they are located far enough from the main island to allow guests to enjoy solitude and relaxation.

Found on Isla Solarte, Aqui Hoy prides itself on offering the best qualities of Panama; a laidback experience with natural surroundings.

Punta Caracol

Punta Caracol

The collection of eco-friendly Caribbean overwater bungalows found at Punta Caracol offer a refreshing escape on the stunning Bocas del Toro Archipelago.

Located on top of the water, these cabins are built on stilts and offer a private balcony equipped with a hammock for every suite.

These overwater bungalows each boast palm roofs four-poster beds, private bathrooms, and utilize electricity from solar panels.

The hotel organizes plenty of activities, whether you want to go snorkeling, enjoy a dolphin-watching trip, or head out to Starfish Beach. Punta Caracol is also home to a delicious restaurant that serves Caribbean and an array of international foods.

Urraca Private Island

Urraca Private Island

For a truly exclusive experience, book your stay at the Urraca Private Island—an adults-only eco-lodge found in the most pristine area of the Bocas del Toro archipelago on the northern coast of Panama.

With a simple 30-minute boat ride from Isla Colon, you will arrive at this secluded paradise offering some of the best Caribbean overwater bungalows in Central America.

Each structure found here is built on stilts over the water, each connected by docks. As you relax suspended over the turquoise Caribbean Sea, you will be able to spot the local marine wildlife everywhere you look.

Each room features a private balcony, seating area, and a private bathroom to fully relax on your vacation in Panama.

overwater bungalows caribbean-5

Azul Paradise

For an eco-friendly and off-the-grid experience in some of the best Caribbean overwater bungalows in Central America, Azul Paradise comes second to none.

This beautiful resort offers excellent service, quality thatch-roofed bungalows, and an immersive nature experience. This private tropical escape is set along a pristine white sand beach, where the Panamanian culture mixes perfectly with the exotic landscape.

Each room offers a spacious experience with a beautiful balcony facing the ocean or the lagoon.

The Azul Paradise Resort offers guests surfboards and paddleboards to venture further into the turquoise Caribbean waters. If you prefer to stick on land, the surrounding beaches, luscious rainforest, and incredible wildlife will not disappoint.

Viceroy

Viceroy

If you are looking to stay in one of the newest and most luxurious Caribbean overwater bungalows in Central America, look no further!

Opening in late 2022, Viceroy is set in an exotic location alluring guests into one of their 42 private overwater villas set just above the crystal-blue Caribbean Sea.

One and two-bedroom villas at Viceroy are suspended over the water, ranging from 500 – 2,200 square feet. This up-and-coming destination will span over 450 acres and boast eight onsite restaurants and lounges, pools, a spa, a fitness center, and meditation rooms.

Further, the resort offers plenty of sailing, kayaking, surfing, and paddle boarding opportunities for guests to take advantage of.

Belize overwater bungalows

Belize Overwater Bungalows

While many may think of Fiji, Bora Bora, or the Maldives when contemplating their dream vacation in an overwater villa, Belize is home to one of the most beautiful overwater bungalow resorts in the world!

In addition to offering a far more diverse landscape and eco-system, Belize is one of the most affordable tropical destinations for you to visit.

With cheap flights and plenty of free attractions, staying in a Caribbean overwater bungalow in Belize may be more budget-friendly than you initially thought!

Thatch Caye

Thatch Caye

If you are looking to stay in a Caribbean overwater bungalow in Belize, there is only one suitable option, Thatch Caye Resort! This luxurious private island brings eco-adventure and comfort to the next level.

Located 9 miles from Dangriga, the main town in south-central Belize, Thatch Caye All-Inclusive Private Island Resort can be found two miles into the beautiful barrier reef.

Thatch Caye Resort offers a total of 8 overwater bungalows, each equipped with air conditioning and an overhead fan to keep you cool and relaxed during your time on the island.

The overwater bungalows boast the typical Caribbean vibe, complete with a private balcony featuring a hammock either over the water or on top of the roof. Most suites offer a choice between a king bed or two twin beds configuration to fully customize your stay in Belize.

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  1. Nana Wathore says:

    Very informative article.