10 Best Hotels in Maldives for Under $300 per Night

The Most Cheapest Resorts in the Maldives


Book Your All Inclusive Vacation and save 25% in Atmosphere Hotels and Resorts, Maldives
Book Your All Inclusive Vacation and save 25% in Atmosphere Hotels and Resorts, Maldives

Updated December, 2023

Enjoy affordable luxury when staying at the perfect resorts in the Maldives for a stunning experience. A sleek Water Villas, a white beach and turquoise water on the beautiful island as close to the nature as it takes are unmatched. Sadly, luxury boutique and upscale hotels in the Maldives typically cost anywhere from 500 to a thousand of dollars a night, and many guests in no position to regularly spend such funds.

But that doesn't mean an affordable dream stay is unattainable. It just requires more explore. With a little searching you can find hotels that offer luxury accommodations, great facilities and locations. Best of all, you can get everything the Maldives has to offer at cheap rates.

If you love the feeling of luxury without overvalue, you'll love these amazing properties — especially considering they are all $300 a night or less, depending on the season, and sometimes all year round.

1 Canareef Resort Maldives

Canareef Resort Maldives 2024

Best Experience for:  couples, activities, diving, value

With 271 spacious rooms for your honeymoon, friends or family embrace tranquility and bliss at Canareef Resort, where crystalline waters meet endless skies, and white sandy beaches give way to the serene rhythm of the sun and sea. Offering a sanctuary of solace, tranquility, and pure indulgence, Canareef Resort is the very essence of an idyllic Maldivian getaway. Nestled in the Addu atoll of the Maldives, Canareef Resort offers a combination of relaxation and comfort, complemented by breathtaking vistas and enjoyment with an array of amenities designed to satisfy you.

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2 Reethi Beach Resort

Reethi Beach Resort
Booking.com

Best Experience:   Honeymoon, Beaches, Diving, Value

A lovely, all-round resort, Reethi Beach is a lush island with an unspoilt setting and follows the relaxed Maldivian way of life. In each of its aspects, you will find a piece of all the best that makes this resort so special. On the water, choose from catamaran sailing, canoeing, kitesurfing and waterskiing. Under water, there's superb snorkelling on the house reef, with the chance to spot many species of fish, turtles and octopus – even dolphins have been known to come this close. Diving is another highlight, with house reef dives and multiple trips further afield on offer every day. Reethi Beach Resort has been named one of the World’s Best Budget-Friendly Honeymoon Destinations by Australia’s leading international travel agency Flight Network in 2017.

Water Villas are built over the lagoon on stilts and feature patios with steps leading into the lagoon, soaking tubs, bathrobes, DVD players, bottled water, tea, teakettles, and sun loungers. All rooms have one king-size bed. Two twin beds are also available in Reethi Villas. Design-wise, villas have parquet floors, white walls with watercolor paintings of flowers or rural life, simple wooden furniture, and colorful throw pillows and curtains. Wi-Fi packages can be purchased for a fee. Read Full Review

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3 Malahini Kuda Bandos Resort

Malahini Kuda Bandos Resort, North Male atoll
Booking.com

Best Experience:  Couples, Beaches, Activity, Diving, Value

Malahini Kuda Bandos Resort is a tiny island in the North Male Atoll that offers a great-value Maldivian escape. Accessible by short boat ride from Male airport, the resort has 82 rooms in two categories, verity of culinary options with two restaurants and a bar and the other facilities such a spa, gym and water sports center. A stunning white sand beaches, house reef snorkelling and world-class diving complement the resort's modern amenities. Just ten minutes from Male airport, this laid-back island resort promises affordable luxury and a relaxed barefoot vibe. Formerly the uninhabited sister island to the Bandos Maldives resort, Malahini Kuda Bandos has been redesigned as an uncomplicated and relaxing Maldivian escape, with lots of new facilities and modern accommodation. Read Full Review

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4 Rahaa Resort

Rahaa Resort aerial 2023
Booking.com

Best Experience for:  Couples, House Reef Snorkeling, Diving, Value

Rahaa is a 4 star resort located in the untouched Laamu Atoll. A naturally beautiful location with original vegetation, wide stretches of beaches and a natural Salt-water lake. Rahaa can be reached via a short domestic flight of 30 – 40 minutes followed by a swift 20 – 30 minute speed boat ride. Rahaa is the perfect holiday spot for all kinds of travellers from honeymooners, single travellers, adventurers to families. Read Full Review

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5 Kuredu Island Resort & Spa

Kuredu Island Resort & Spa: aerial
Booking.com

Best Experience:    Couples, Family, Value, Diving

The most popopular with divers, Kuredu Island Resort & Spa situated on the north reef of Lhaviyani Atoll, an area known for its unrivalled beauty and tropical marine life. With established, laid-back vibe the resort offers guests the ultimate luxury island retreat and is one of the larger islands in the Maldives. Kuredu is accessible by a 35-minute scenic seaplane flight from Malé International Airport. This 4.5-star resort has 383 rooms, including beach and water villas, making it the second largest resort in the Maldives. The island boasts a dive and snorkel centre, a water sports centre, a spa, golf and tennis courses, a kids’ club, and an extensive choice of restaurants and bars. Kuredu guests can also dine in 5.8 Undersea Restaurant at the neighbouring Hurawalhi Maldives resort.

In addition to the standart AIP for the variety of choices it allows, the All-Inclusive Gold package is a popular meal plan at Kuredu. Its inclusions extend far beyond the ‘unlimited drinks’ concept most commonly found at resorts. The benefits included in the enhanced package mostly relate to the ‘dine around Kuredu’ option. In addition to access to all four buffet restaurants and all bars, guests, regardless of the room category, can also go for a late breakfast to Franco’s, delight in an afternoon snack menu, revel in cuisine at the three a la carte restaurants (Franco’s, Beach Shack, The Far East) with a 50 percent discount – and even have lunch or dinner there once a day at no extra cost – and have unlimited pizzas, burgers and ice-cream during specified times. On the activities front, guests are invited to play a round of golf, sign up for an introduction dive, hop on a sunset cruise boat, attend a group windsurfing lesson, use snorkelling equipment and bikes at no extra cost, practise yoga and be active with some non-motorised water sports. Guests can also block 60 minutes of their time for one of the relaxing Duniye Spa treatments from the special menu too! Read Full Review

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6 Kandima Maldives

Jumeirah Vittaveli
Booking.com

Best Experience for:   Couples, Families, Activities, Solo, Nightlife, Value

Kandima is a "new look" of the Maldives combining wild parties in the beach club, extensive dining options and even a chance to see the dolphin from the bathroom. It's about genuine hospitality with a human face and clever solutions that use the latest innovations, not to mention the playful spirit of a private island. Kandima was a late-comer to the Maldivian tourist market and is markedly different to the classic honeymooner resorts. It's aimed at sports-loving, party-going groups as well as couples and active families, and has a range of accommodation options, from affordable studios to luxury pool villas.

Located on a lush tropical island in Dhaalu Atoll is just a 30-minute flight from Velana International Airport, Kandima offers a choice of 266 stylishly designed studios and villas, with 11 different categories to choose from. The four-star plus resort has first class facilities, boasting the largest pool in the Maldives, tennis courts, an art studio, a marine biology school, a kids club, a game room, a library, a gym, a yoga studio and a spa. Read Full Review

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7 Innahura Maldives Resort

Innahura Maldives Resort aerial
Booking.com

Best Experience:  Diving, Couples, All Inclusive, Value, Activities

A paradise for divers and beach lovers, Innahura Maldives Resort, the latest addition to the portfolio of Crown & Champa Resorts. Opened on November 2018 the brand new 4-star island resort is located on beautiful island in south-east edge of Lhaviyani atoll an accessible by a scenic 40-minute seaplane flight from Malé Airport. The island resort boasts 78 Beach Bungalows complemented by an overwater bar, main bar and a wholesome buffet style beachfront restaurant. The beach bungalows are perfect for honeymooners, families planning a long overdue get-together, and anyone who fancies a week or two living the good, easy life with as much or as little to do as one’s heart desires. Prodivers dive center, different water sports, work out at the state-of-the-art-gym, play badminton, football or that beach holiday classic, beach volleyball are complement resort facilities. If all the talk of moving around is exhausting, try the total relaxation on offer at Duniye Spa. Read Full Review

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8 Reethi Faru, Bio Luxury Resort

Responsive image
Booking.com

Best Experience:  Couples, House Reef Snorkeling, Activities, Beaches

With an amazing house reef, Reethi Faru is a new 5-star resort opened in November 2017 in Raa Atoll. Stunning beach, palm trees and natural tropical vegetation form this paradise island of Filaidhoo. Meaning in Dhivehi "Beautiful Reef", Reethi Faru fully justifies its name and boasts a vibrant house reef not far from the shore. With excellent accommodation, both on the beach and over the water, with five restaurants to choose from, a spa, a wide selection of water sports, including diving and snorkeling. A member of Preferred Hotels & Resorts Reethi Faru Resort is the perfect holiday escape for couples or for families or friends traveling together with an excellent value for money.

The spacious Water Villas (78 m²) offer a luxurious and ethereal beach vacation. Tranquilly positioned over the clear blue lagoon on stilts to provide you with an authentic Indian Ocean experience, these villas are unique and beautifully designed to offer you the most spectacular views of the ocean. Let the sound of the waves gently lapping below whisk you away into a peaceful trance. Read Full Review

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9 Villa Park Sun Island Resort

Sun Island Resort and Spa
Booking.com

Best Experience:  for families and couples, All Inclusive, swimming pool, activities, kitesurfing, swimming with whale shark

Sun Island Resort And Spa is located in luxurious surroundings of South Ari Atoll. It is not everyone’s cup of tea and parts could do with some modernisation but for a moderately priced, sporting, entertaining and easy holiday with a good beach and lagoon, this is a world of breathtaking possibility, where adventure and relaxation are equally within reach. With a relatively large island and a long list of dining and recreational facilities, Sun Island Resort is ideal for active groups on a budget, but probably less than ideal for honeymoons or those in search of a secluded romantic holiday.

The 462-room 5-star resort is the largest in the Maldives. It's also among the cheapest, especially for the overwater rooms, so if price is a major factor then this resort offers good value. There are five bars, a 24-hour coffee shop, and five restaurants, including three specialty dining spots on the island. Catering to many large tour groups and families, the all-inclusive plans here are the most popular. Read Full Review.

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10 Bandos Maldives

Bandos Maldives
Booking.com

Best Experience:  for family, Activities, house reef snorkeling

Perfect for your romantic getaway or family vacation, Bandos Maldives offers 250 rooms in 6 categories on a beautiful island only 15 minutes by boat from Male airport. Recently completely renovated, Bandos is known as one of the best resorts for family holidays in the Maldives and you can safely relax while your kid is keenly spending time with friends around professional caregivers who have many exciting children's programs and entertainment.We do not recommend you the island if you want a romantic holiday in a quiet place. Bandos is ideal for families with children and is peppered with a large number of games and animations including a full-time babysitter, a children's playground, two children's pools and a large selection of activities that can be practiced. In Bandos, where rest is the king, kids can not be bored. Read Full Review

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