1. Coral Lodge, Panama

This small boutique resort boasts six over the water bungalows and two restaurants and a spa. Wake up in your own round suite with its charming conical shaped roof and listen to the dawn chorus of San Blas Islands' birds. No Internet to keep you awake and surfing until the small hours, no TV to distract you from the natural beauty of this eco-friendly resort. It's a no-frills place and therefore one of the cheapest over the water bungalow holidays you'll find.

2. Adventure Resort Thatch Caye, Belize

Perfect for water sports enthusiasts, the all-inclusive over the water bungalows at Thatch Caye Adventure Resort are spacious enough to provide holiday accommodation for a family of six without feeling cramped. Set in ten acres of marine park, the park provides water babies of all ages with a great time; before stepping out of your over the water bungalow of a morning, you'd better watch out for eagle rays lurking at your front porch!

3. Rosewood Mayakoba, Playa Del Carmen, Mexico

The 18 elegant over the water bungalows at the Rosewood Mayakoba Resort are situated in a deluxe compound near Playa del Carmen, some 40 miles south of Cancun and just one hour's drive from Cancun Airport. Each over the water bungalow boasts a set of stairs that serve as a mini jetty, from where guests can launch their hired boat, surfboard or flop into the refreshing waters for a swim in the mangrove lagoon. Each suite consists of nearly 1,000 square feet and comes with a heated plunge pool and many luxury amenities

4. Waving at Dolphins from Roatan, Anthony's Key, Honduras

Almost floating on the water's surface, these over the water bungalows in the all-inclusive resort in Roatan are not for the faint-hearted but will delight mermaids, water-rats and anyone keen on diving, snorkeling, sea kayaking and swimming. Wave at friendly dolphins as the creatures swim past your front door.

5. Coco View Resort, Roatan, Honduras

Boasting 13 rooms on the island itself and 16 overwater rooms contained in 5 floating structures, the CoCo View Resort serves as an all-inclusive resort to the world's diving community who come for spectacular coral reef dive spots. Diving packages tend to be almost as much as your over the water bungalow room itself, but the service and diving instruction are great and they do serve hungry divers 3 square meals a day, organize an airport transfer both ways and serve you a welcome cocktail on arrival.

6. Enjoy Water Villa Life at Punta Caracol Asqua Lodge, Panama

It's not difficult finding over the water bungalows in the Caribbean, but 2-story water villas is another matter! Launch your sea kayak from your very own spacious deck or enjoy breakfast and dinner, both included in the room rate, from the comfort of your own king-sized bed. There are 9 over water suites, offered in 3 different categories.

7. Romantic Get-away: Eclypse De Mar Acqua Lodge, Panama

Eclypse de Mar Acqua Lodge Resort is located on Panama's west coast and boasts just four over the water bungalows ideal for honeymooning couples. Set in a Caribbean nature reserve brimming with lush banana trees and cheeky red frogs, your over the water bungalow will afford you the best views of local wildlife and the sun setting in a spectacular display of colors, before you snuggle back into bed.

Has your vacation dream just come true?